Friday, December 23, 2005

Japan's Population Declines for First Time

Interesting; the changing demographics of Japan have caused the nation's first-ever population decline.

It will be interesting to see if the Japanese social model can persist in a negative-growth scenario. I personally doubt that it can, but the present and coming Japanese hyperinvestment in automation and robotics (to prevent having to import foreign labor, which is largely culturally unacceptable to the Japanese) will end up paying big dividends for everybody else.

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