Posted on 11/19/2014 7:40:26 AM PST by SeekAndFind
Japan's economy is in trouble. The latest GDP figures unexpectedly show it to be in recession. In the long term, this is largely a story about demographics, and Japan is fighting an uphill battle.
One-fourth of Japan's population is older than 65, and that number isn't going down anytime soon. That means a shrinking percentage of the population is working. Meanwhile, a growing percentage of the population is receiving benefits, living on a fixed income, and being supported by that shrinking population of workers.
No amount of loose monetary or fiscal policy will bring more working-age people into the economy overnight.
(Excerpt) Read more at businessinsider.com ...
I hate to ask this, but is illegal immigration the only reason we are still a “young country”?
Is it “damned if you do, damned if you don’t”??
The good news is that they are on islands — and needn’t worry about being invaded by Third World barbarians.
RE: I hate to ask this, but is illegal immigration the only reason we are still a “young country”?
I’d say, IMMIGRATION -— BOTH LEGAL AND ILLEGAL.
While traveling in Japan, once you get away from the cities, many of the villages have died. Just ghost towns. The young people move to the cities and they old folks die out....
” and needn’t worry about being invaded by Third World barbarians.”
That didn’t help England...
Their problem is it’s damned expensive to live there and the people have enough wealth to live well, but not to live well and have children. So, they chose to live well and be childless. (They keep lots of cats instead.)
Those who do have children tend to invest heavily in just the one so that child will do well. If they had more they couldn’t afford to invest as heavily and the many children would have (in their opinion) a disadvantage competing with the other expensively educated children.
A similar phenomenon is happening in America. Wealthy Americans are having fewer children and sending them to private schools. If they had more children they’d be sending them to the sewer we call public education.
Fertility is fun and fixes the problem.
“F*** for the future!”
Looks like Islam is going to be a problem for a few decades.
This phenomena is striking in the company I work for. There is a constant stream of retirees heading for the door. Many of them have 30+ year careers with the company. That brain-trust of technical knowledge and intimate understanding so f the machinations of the business is draining away and the heads~full~of~mush that are coming in to replace them don’t know shyt (but think they know everything).
As it is progressing I bet the company (over 100 years old) will fail within the next five years.
Robotics
May I ask what company that is? It’s very rare nowadays (other than a cushy government job ) to see someone stay in one company for over 30+ years and here you are telling us that you got lots of these people in your company...
People must like working there.
Be fruitful and multiply... or be single and buy all the neat stuff on TV!
Pretty obvious what people choose. The media is more pernicious than even I can imagine.
A lot of african countries are “young countries” but I don’t think it’s immigration related. ;-)
I am guessing it’s in an engineering field. Those jobs are still pretty stable.
Oh my. This coupled with Japan’s huge illegal drug problem and out-of-wedlock birth rate is troubling.
A similar phenomenon is happening in America. Wealthy Americans are having fewer children and sending them to private schools. If they had more children they’d be sending them to the sewer we call public education.
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