You are viewing a single comment's thread.

view the rest of the comments →

8
8

[–] Tsugumori 8 points 8 points (+16|-8) ago 

Also plagued by an aging and declining population and stagnating economy (despite increasingly longer work hours) and high permanent unemployment.

But hey, bigger houses for old people, right?

(I'm not actually weighing in on immigration in Europe, but the lack of immigration in Japan is biting them in the ass)

2
5

[–] lissencarak 2 points 5 points (+7|-2) ago 

  • High permanent unemployment
  • the lack of immigration in Japan is biting them in the ass

Pick one?

1
5

[–] Tsugumori 1 points 5 points (+6|-1) ago  (edited ago)

I guess I need to break it down. An aging population has led to less growth, which in turn means less jobs. The Japanese economy is sorely lacking for skilled laborers and people with higher education.

Consider the immigration to the US from India or China as good examples. Making it easier for people to get work visas would go a long way for them.

Again, really not trying to weigh in on the Europe thing, it's a completely different situation that I don't know nearly enough about.

[–] [deleted] 3 points 0 points (+3|-3) ago 

[Deleted]

2
6

[–] Tsugumori 2 points 6 points (+8|-2) ago 

No. It isn't. Its GDP growth is horrible.