Re: Article: Japan's sexual apathy is endangering the econom
Posted: Fri Nov 01, 2013 12:20 am
Challenges, yes. Changes? Hmmm.... [cue teeth sucking]...davemerrill wrote:I agree that an aging population is going to present a giant whack of serious problems, and that Japan is going to have to take a hard look at its immigration policies and see if they can't make some changes. On the other hand, if any country can handle tough challenges, it's Japan.
Indeed. How many construction workers "guiding traffic" at each construction site? It's a joke, but keeps employment up. However, it also keeps the cost up. There's an old saying (which I coined) which states "you can't produce anything cheaply in Japan". Nobody has proven me wrong yet.I dunno if this has any bearing on the discussion, but one thing I did notice in Tokyo was OVER-employment. Shops had two and three clerks when one was necessary, that kind of thing.

Dunno... I'm not so optimistic. At least not on that scale. Japan's had every chance to wake up and make big changes, but they've failed. Hatoyama was supposed to be that guy, but he totally **** the mattress. The only times Japan has made huge policy shifts is when the America made them. The main source of my worry is that I truly find this place more conservative (and by that, I mean less progressive) than when I moved here in 1998. There are half as many Japanese students studying abroad as there were in the 90's, and the ones that are studying and working abroad are having trouble getting jobs as returnees. To me that's a sign of the times. If Japan wants to continue to cater to Japan, cool, but all the giants make the majority of their dough overseas. They need to wake up and smell the coffee. Japan is also, by and large, still awful at web design.Give Japan time, in 15 years we'll be back to where we were before they blew out their bubble economy and everybody will be quoting terrible Michael Crichton novels about the dangers of Japan buying everything in the world.

The birth rate has been in decline about as long as deflation has been going on, and to an extent they go hand in hand. It is definitely not the sole reason, and perhaps not even a major contributor. I think it's one piece of a really bad snowball effect. Why would you buy a house when it's going to lose value? Why would you have a kid when the cost of them goes up over time but your investments go down? The said thing is, even with the dispersion of wealth starting to reward entrepeneurs a little better than before, the average Tanaka-san can extrapolate his pay until retirement... and it ain't pretty.That is actually one thing that irritates me about this line of thinking, that Japan's economy is in trouble because Japanese 20-somethings aren't having babies. The Japanese economy has been coughing up blood for two decades now, before the people they're blaming were even born themselves. They managed to screw things up quite nicely without any help from millenials or whatever they're calling the current generation of young people.