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Japan has second oldest population world-wide with 27.28% over 65, after Monaco, which doesn't really count (retirement home for rich people). http://www.nippo
by the_duke 10y ago
Japan has second oldest population world-wide with 27.28% over 65, after Monaco, which doesn't really count (retirement home for rich people).
http://www.nippon.com/en/in-depth/a01001/ http://www.nippon.com/en/in-depth/a01001/
- api 10y ago... and economic stagnation. It's basically a permanent liquidity trap.
- lhopki01 10y agoIf you adjust GDP for population growth Japan is actually doing quite well. The fact that it has a growing economy and a shrinking population shows that productivity is going up. Countries like the US have historically had high population growth which is reflected in higher GDP growth.
- api 10y agoNo issue there. The problem is that this completely breaks all modern finance, which is built on the assumption of permanent macroeconomic growth to deliver returns and permanent inflation to continuously re-price debt.