What can be done?
Key point: Tokyo doesn't have enough babies and young workers to keep up its tax income and finances. This means that, over time, Japan will have less money and fewer soldiers to defend itself with.
In the last twenty years, it has been customary to refer to Japan’s weak economic performance as a lost decade. Demographics tell us that we are moving well beyond that. Japan is looking at a lost century.
If you want to see the future of the...
Read this story at The National Interest