The net inflow of foreign residents into Japan was the largest ever during the last statistical year, reaching 136,000 or 40% higher than the previous year, as the government pushes policies to attract foreign workers to offset the organic decline of its own graying population.
If there’s one lesson Europeans can glean from their allies across the Atlantic, it’s that bullets can be dodged, but not indefinitely. As we are learning the hard way, necessary reforms are challenging to enact. Avoidance, though, will only succeed in feeding anger and despair. The longer the voices of the desperate go unheard, as just so many silently falling trees in the forest, the more piercing their cries will be in the end.
The baby boomers are now transitioning into max savers and ultimately max social burdens in the years of 2020-2030. During this time period, the working age and max spenders in society will have difficulties in supporting the aging population.
For the next 8 years one should sit down, strap in, and hold-on. The generational rollercoaster will involve chills and thrills, but it’s completely normal. All we say is just be on the right side of history.
Iowa State snowflakes, citing stats suggesting that African Americans make up just 3% of Iowa's population but 26% of its prisoners, took to campus to protest their school's use of "nearly free" prison labor, comparing it to "modern day slavery."
Make no mistake – even though there is still plenty of money to be made in television, cable is experiencing a slow death, just like other traditional media channels. It might not yet be reduced to the more niche territory of radio or print, but cable is treading the same path.
Nobuyuki Nakahara, an adviser to Prime Minister Shinzo Abe and an influential former Bank of Japan board member said the BOJ should make a "clean break" from its current policy approach when Kuroda's term ends next spring.
"Welcome to the new Italy, where the replacement of the original population, once known as Italians, is in full swing. Only a few years ago this affirmation would have caused sarcastic disbelief, now is the reality in front of our eyes."
At its core, the social compact between public equity markets and society is simple: over time, any investor should have access to the equity of important enterprises created by that society. If that isn’t happening by virtue of some misalignment of incentives, then those need to be fixed. The alternative – that the winners stay private but the losers are public – is untenable. Investors will choose to hoard cash and capital will slowly stop circulating to its best possible use.