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Look at Japan, they've been getting crushed over the past few decades by low fertility and a disproportionally older population.
by hayksaakian 14y ago
Look at Japan, they've been getting crushed over the past few decades by low fertility and a disproportionally older population.
- newbie12 14y agoActually they're getting crushed by lousy spending and monetary policy, and regulations that dampen local competition. The next leg down for Japan will, however, be demographic, as retirees turn the nation's savings rate negative and the bills for the past 20 years come due.