Japan has a declining population (already), a very low birth rate, huge fiscal deficits with no sign of an end, and an enormous national debt of 170% GDP (compared to 65% GDP for the US). All the demographics only get MUCH worse, as within 50 years there will be 30% fewer people, ONLY ONE-HALF as many working age people, and far more retired seniors. And the articles don't go further out, but seems to me that that's when things REALLY start imploding.
Seems Japan is doomed. Any possibility that they are not? What exactly happens to Japan in coming decades?
see:
http://www.cbc.ca/world/story/2006/12/20/japan-population.html
2006-12-27 11:40:04 · 2 answers · asked by KevinStud99 6 in Social Science ➔ Economics
Sounds like there will be a good Japanese job market in the next few decades. Perhaps I should look into Japanese language lessons...
2006-12-27 12:55:10 · answer #1 · answered by temporos 3 · 0⤊ 0⤋
No, that may be good for the country. However, reproduction is much easier if a country wants to...
2006-12-27 13:01:53 · answer #2 · answered by YourDreamDoc 7 · 0⤊ 0⤋