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I'm not too worried. The economy will adjust to the aging/declining population via automation, downsizing, etc. The quality of life for the average Japanese per
by ericdykstra 9y ago
I'm not too worried. The economy will adjust to the aging/declining population via automation, downsizing, etc. The quality of life for the average Japanese person is very high, and I don't see that changing any time soon.
Economists in general are very doom-and-gloom and say that Japan needs mass immigration to balance the population decline, but that would clearly be a mistake. Here's an interesting video on the subject that mostly echoes my views: https://www.youtube.com/watch?v=Z3BYCK-3jPc https://www.youtube.com/watch?v=Z3BYCK-3jPc
- woodpanel 9y agoWhile I echo your view about Japan for the most part, that youtube video you've posted lost me at "the banking cartel that owns all governments"...