Japan ‘on verge of no longer functioning’ after birth rate plummets to record new low
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Even as economist talk about the Lost Decade (really, two decades) in Japan, the unemployment rate has always been relatively subdued compared to the US:
https://fred.stlouisfed.org/series/LRUN25TTJPA156N
From about 1.7% in 1990, and then two spikes that just about reach 5.0% in 2002 and 2009. Not only that, but that's the range for people 25-54 years old, which isn't equivalent to the headline number typical in the US. There is an equivalent in US data, and you can see it's much higher and spikier than Japan:
https://fred.stlouisfed.org/series/LNS14000060
This doesn't mean everything is OK for the working class in Japan. Housing prices are astronomical, requiring 100 year multi-generational loans. Working culture is also far more stressful. However, I think it's fair to ask who the "Lost (two) Decades" is really affecting.
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That's not entirely true.
People in the middle class have disposable income that lower class people do not.
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Lets see how China handles it down the road before we mark this one a problem of one specific system, rather than just humans seemingly sucking in sustainable long term planning on large scales in general.
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Damn there must be so much evolution now
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China is also capitalist though, and they're also starting to suffer from the same issue.
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Well, if you prioritize shareholder growth, before Support of children and make sure people have to work super hard to be able to sustain themselves and can't afford to have a family.... Then you should not be supervised that you don't have any babies in the country
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The national pyramid scheme
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Which is why, in the U.S., the rich are turning back abortion rights and access to birth control, and gutting our public education. They could, instead, work to build a country where people felt safe, and supported--healthcare, jobs with decent wages, education, etc.--but the filthy rich are psychopaths who care only about themselves, and will do nothing that costs them money, power, and control. Instead, they'll GLADLY watch the people (people they depend, incidentally, for what good is power and control, if there's no one to wield it over?) suffer at great levels in attempts to achieve their goals.
It takes a lot of poor people to make one filthy rich person.
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Should they bring millions of indians, africans and arabs to help them? We are seeing how its working wonderfully in the west.
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Its their country. Let them decide.
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Thats mainly indians and countries around and africans. Why people ignore this small little fact?
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I've read a few articles that said they actually are bringing in Indians at the moment.
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Its over. Everywhere they go they bring their 3rd world culture.
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I didn't get your comment. It sounds like you think that's been bad, but immigration in the US and Europe have been successful ways to grow population and workforce, and the biggest problem has been that exploited nativists keep radicalizing and threatening these people.
That's a problem, but it's not actually caused by having too many immigrants.
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Wait, are you serious?
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You mean The People's Republic of Korea? They're a communist utopia, aren't they? /S
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And Muslims can openly lie about what is and isn't true under Sharia law???
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Part of my YouTube diet is English-speaking expat YouTubers who live in Japan (UK, US, Canada, Australia), and just based on what they have shared there are some firms that specialize in property searches by foreigners. Not like "buy up a Japanese town and make it Australian", just networking with more open-to-foreigner Japanese, and being an interface with foreigners to help them learn to integrate.
Like everywhere in the world, remote villages in Japan lack services. From restaurants to health care to home supplies, it's more time consuming and expensive to get some things, and others are just not available. From the YouTubers I watch, the community connections enabled by the great mass transit and walkable urban areas in much of Japan (though not all - some parts ate the car-centric pill) are what keep them there, and the friction to maintaining friendships from a rural area has pushed several to move to Tokyo.
As far as "how is Japan adjusting" to population decline, elder care sucks. A lot of people die alone unnoticed (kodokushi). Markets adjust to lower supply of workers (Japan is at the cutting edge of automation), but quality of life for seniors can't be automated.