Japan tragedy truth of the day – Marginal REVOLUTION

In 2019 Japan’s inhabitants shrank on the charge of roughly one particular person per minute…

Right here is the rest of the FT article, too pessimistic in my opinion however on no account is it totally fabricated.  Right here is one citation:

“The financial and demographic numbers make the long run look so grim. They imagine the pie is shrinking, so in the event that they do get a chunk, they’ve to stay to it. The precedence is stability. No one has large goals any extra,” stated Prof Miura. A research revealed earlier this yr by Hiroshi Ishida, a professor at Tokyo College’s Institute of Social Science, discovered a document 49 per cent of respondents aged 20 to 31 thought life for his or her kids could be worse than for them.

I’m curious to see what would be the subsequent “large flip” in Japan’s historical past…the nation has had a couple of, they usually weren’t nicely predicted prematurely.

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