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Japan's middle class is 'disappearing' as poverty rises
- raxxorrax 6y agoIt might be true that there are economic woes, but I think they are better situated than California which has numerous startups that attracts young people. The latter also has lot of homeless too. Japans model might be too rigid, I would say many European countries are a middle ground to gig-/creator-/we-are-all-young-and-successful-don't-look-in-the-backyard-economy and those of Japan with extreme loyalty of employees. But maybe not. The US had a middle class too once. Until now, all prophecies of Japans economic death were vastly exaggerated. It is one of the worlds top economy.