>>520716110 >In the 1980s people thought Japan would over take the USA economy, why didn’t?
they were in a huge bubble then fucked up getting out of it and stagnated for 20+ years, now they are in a irreversible demographic crash
>>509465924 >Reminder that consumer demand only comes from new family formation. >Old people don't buy shit. Single men don't buy shit. That's why Japan's infamous perma-recession was predicted not by economists but by demographers.
yes, 70% of economy is consumer demand, demography is destiny,