Robert Feldman, chief economist at Morgan Stanley MUFG Securities, says Japan’s social and medical policies will be “critical” in addressing the issue.
Japan is facing ‘major, major’ demographic issues, says Morgan Stanley economist
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It’s a globalist ploy to force Japan to accept violent heathens from violent countries. Stop it.
It’s passed 30 years I’m living here in Japan….
But the truth is that the government and companies won’t improve the social and economic conditions…
Me being a foreigner to be a company effective worker it’s a dream…
They prefer to keep the labor force as contractors forever…
So there’s a huge yearly income gap difference and less pension compensation.
Some contractors still yet offers a job of a minimum salary of ¥1100 per hour working at some assembly line…
1100 yen an hour that’s very good pay
That’s 7.33 dollars an hour at current fx rate
@@Connetification
Let’s make you a real life calculation ok…
Hour paid @ 1.100 would make you ¥184,400 a month 21 working days (don’t count overtime or bonuses) this amount is before taxes, social security, others…
A basic rental price average is ¥50,000
Then the electric, water, gas…
You got it?!
Gasoline price back in 2012 was ¥130 now is tipping ¥200
Actually last week I received an electric adjustment fare effective from April and this time from ¥1,597 to ¥1,838 for the basic service…
For those who have a family living in In the scorched summer around Aichi prefecture or Shizuoka prefecture the electric bill came around ¥70,000 to ¥80,000 which turns out a choice of die from hyperthermia or pay the fu**ing bill…
Then tell me… it’s a ¥1100 realistic?!
Come on….
Or if you luck be a slave doing more than 50 hours overtime at least to compensate it! Which nowadays are limited by 40 hours by the labor office…
My salary actual is ¥1,500 and still need a bit of overtime to make me more comfortable with my finances…
Unless things start NOW with new births, it’s just going to get worse. There needs an entire attitude change from top on down. Not working so many hours. Having workers take vacations. I mean this is not going to change over night. I mean China and South Korea are facing the birth rate problems as well.
ok
The worry over not having enough people to tax is epidemic.
Is it really a problem though? One country can’t possibly keep birthing rates forever up, doesn’t seem healthy either, unless India is the type of place you are into.
This guy wants to focus on Japan, where is his focus on the demographinc collapse on CHINA? That no one wants to talk about.
Less Japanese means less awesome anime, this could be devastating!
They never address the problem of declining population growth as a direct result of falling living standard. It’s always plug in the holes with cheap immigration labour and increasing innovation in technology. These are bandaid solutions