Re:Too much money and too few places to invest it
by chiefalchemist on Friday June 07, 2019 @01:53PM
(#20127054)
Another FYI - In Europe (e.g., Germany and France) a similar thing has happened. The difference there is a noticeable percentage of the immigrants are Muslim (and are generally less inclinced to assimilate). I remember reading a couple of years ago that soon enough (read: 25 to 50 years?) - if current trends continue - Muslims will be the majority in Germany. So while Germ's economy has fared well as of late, it might be sitting on a cultural powder-keg if the economy stagnates.
As for Japan's economic stagnation of the last couple decades? Relatively low immigration.
Personally, I grew up in a rural area in NY that is basically being systematically wiped away, because of these policy decisions made in a vacuum that few people understand.
People blame "the other" and get caught up in racist nonsense. Meanwhile, we're reverting into ancient latifundia and turning into a society where basic human needs aren't being met.