The number of newborns in Japan fell below 700,000 for the first time since records began in 1899. The government data released Wednesday showed a 16th straight year of decline and it's faster than had been expected.
They need more workers paying taxes into their system than retirees taking benefits out if the system. As Japan is the oldest nation on average this is a huge problem.
Japan has a chronic under- and un-employment problem, and an extremely inefficient economy. An ageing population would increase employment in the healthcare sector.
The aged will not live forever.
If Japan has to print money to make the accountants happy, it will be inflationary, which might get them out of their decades-long deflationary funk.
Oh no, more space and resources for one of the most crowded and resource-constrained countries on earth.
They need more workers paying taxes into their system than retirees taking benefits out if the system. As Japan is the oldest nation on average this is a huge problem.
The problem solves itself.
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