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A comment on The Long-Term Jobs Killer Is Not China, It’s Automation. Parent comment

Re:The Long-Term Jobs Killer Is Not China, It’s Automation by api on Wednesday December 21, 2016 @11:41PM (#13234872)
This is the real problem. While it may be good ecologically for population growth to slow and then reverse, it will lead to what I've long called "planet Japan."
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Re:The Long-Term Jobs Killer Is Not China, It’s Automation by adrianN on Thursday December 22, 2016 @04:42AM (#13236111)
Life in Japan is pretty nice though. You don't need economic growth if the population isn't growing.
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Re:The Long-Term Jobs Killer Is Not China, It’s Automation by ianai on Wednesday December 21, 2016 @11:52PM (#13234924)
What do you mean by "Planet Japan"?
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Re:The Long-Term Jobs Killer Is Not China, It’s Automation by the_duke on Thursday December 22, 2016 @12:05AM (#13234978)
Japan has second oldest population world-wide with 27.28% over 65, after Monaco, which doesn't really count (retirement home for rich people).

http://www.nippon.com/en/in-depth/a01001/

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Re:The Long-Term Jobs Killer Is Not China, It’s Automation by api on Thursday December 22, 2016 @12:26AM (#13235071)
... and economic stagnation. It's basically a permanent liquidity trap.
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Re:The Long-Term Jobs Killer Is Not China, It’s Automation by lhopki01 on Thursday December 22, 2016 @05:10AM (#13236231)
If you adjust GDP for population growth Japan is actually doing quite well. The fact that it has a growing economy and a shrinking population shows that productivity is going up. Countries like the US have historically had high population growth which is reflected in higher GDP growth.
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Re:The Long-Term Jobs Killer Is Not China, It’s Automation by api on Thursday December 22, 2016 @02:55PM (#13239855)
No issue there. The problem is that this completely breaks all modern finance, which is built on the assumption of permanent macroeconomic growth to deliver returns and permanent inflation to continuously re-price debt.
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