>This is hyperbole. People haven't even started littering, let alone any kind of wider social breakdown. The PM is correct and it's certainly not hyperbole. L

>This is hyperbole. People haven't even started littering, let alone any kind of wider social breakdown. The PM is correct and it's certainly not hyperbole. Littering as if that's some sort of proper measurement? Japan has a 99% conviction rate and penal labour. You're not going to litter. Japan is going to go from functioning clean place to detroit in a short period of time. That's the point the PM is making. >which is fascinating; page 22 has a graph which shows that the interest payment has been roughly flat for years, due to declining rate. The social security issue is indeed a problem and there's probably going to be controversial pension reform, but it's a long way from blowing up. Also the major creditor is .. Bank of Japan. Due to negative rates which just changed. I wonder as well, you bring up pensions. Those pensioners are getting poorer by the day. There's literally no chance of long term retirement, silver crime and retirements ending soon leading into suicide is going to be Japan's future. You can write it down now, but I bet Mt Fuji forests are going to have police stationed there rather regularly to prevent suicide. I have no skin in the game for Japan. I dont live there and if I did, I'd fast track my trip out of there. The generational warfare has sunk Japan and it's a ticking timebomb. I dont much care who the creditor is and better yet how exactly does that work? An older generation rings up the debt bill and thinks the far fewer younger workers are going to just give up their lives and live indentured to the retirees? That's not how it'll ever go.