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chocolat steve

Is Japan F*cked?

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Japan's economy has been stagnant for the most part since the end of their boom years of the'80s. Starting in the early 90s its had a moribund, stagant period that hasn't gone away. Its going on nearly 30 years!! 

The reason that is whispered about is they are a top heavy society. Meaning the members who are retirement age are way too high and not enough young people paying into the system to sustain their great healthcare, pension and other things they have enjoyed for decades. 

Their birthrate is the real issue. The young people aren't marrying. A fairly high percentage of thier millennial males have pretty much accepted a life of no wife, anime and bleak existance. The Japanese need immigration, but the Japanese have always seen themselve as unique, even superior. They don't consider themselves Asian than just Japanese...a unique and special "race"

The government has done all it can to encourage people to get married, even date but its not happening. About 4 years ago it was estimated 1/3 of their population was over 60 years old and its only increasing. Their kids have started abandoning them which is very Un-Japanese. Retirement homes was never a significant part of their society now its becoming so. 

The Japanese are going to 'live or die' by remaining homogeneous. My guess is the next global recession/crash will force a change in society. What that change will be is anyone's guess. 

 

https://edition.cnn.com/2018/11/13/economy/bank-of-japan-economy/index.html

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On 11/14/2018 at 7:39 PM, chocolat steve said:

Starting in the early 90s [Japan has] had a moribund, stagant period that hasn't gone away. Its going on nearly 30 years!! 

 

Ha! yes. Which coincides exactly with when old Fiery Jack first took up residence in Japan! :applause:

Er...  :confused:

:relieved:

Just saying. :clown:

jack :help:

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