Relevant:
- Japan's Credit Rating Cut First Time in 9 Years; S&P Cites "Lack of Coherent Strategy to Address Debt
- Lessons from Japan: Decades of Decay, Unavoidable Collapse
- Krasting: Japan On the Brink
- Goldman: Demographics Mean Developed World Debt-Driven Model is Dead
- Japan is so broke that its prisons are full of 80+ year old ‘felons'
2015-09-09 — dollarcollapse.com
``Part of the problem is that beyond a certain point, debt is debilitating and (as the world is finding out) money printing on the current scale can't overcome today's liabilities. The other, perhaps much more serious problem is demographics. Japan's population is the oldest in the world and the culture isn't open to the tens of millions of young immigrants it would take to reverse the trend.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.