Re:Bank of Japan, in a Surprise, Adopts Negative Interest Rate
by mistermann on Tuesday February 02, 2016 @09:24AM
(#11019554)
Not to mention the change immigration could potentially cause in day to day life. In my opinion one of the best things about Japan is the homogeneous and pleasant (in most but not all ways) culture - if I lived there voting for increased immigration would be one of the absolute last resort measures I would vote for.
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Re:Bank of Japan, in a Surprise, Adopts Negative Interest Rate
by hackerboos on Tuesday February 02, 2016 @09:31AM
(#11019582)
Alternatives include raising Japan's retirement age from 60 to 70, because they're already raising it to 65 and that's not going to be good enough to deal with the inevitable fiscal situation.
Edit: A lot of people saying "immigration won't work" but not offering alternative solutions.
Re:Bank of Japan, in a Surprise, Adopts Negative Interest Rate
by oldmanjay on Tuesday February 02, 2016 @12:18PM
(#11020780)
That homogeneous and mostly pleasant culture is killing itself, apparently. We may get to witness a nation commit suicide, which ought to be interesting from the outside.
I hope the insularity ends up being worth it for them, but history is not on their side.
Re:Bank of Japan, in a Surprise, Adopts Negative Interest Rate
by brobinson on Tuesday February 02, 2016 @12:40PM
(#11020934)
>That homogeneous and mostly pleasant culture is killing itself, apparently.
No, this is literally the post-WW2 boom dying off. Occupied Japan underwent a period of extreme population growth in the few decades after WW2 ended. They currently have 125mm people living in a land area the size of California which is 75% uninhabitable (mountains).