Japan ageing crisis offers glimpse of future

 

economist japanese kite

This graph is from The Economist   but the article in The Age spells it out:   Every stockmarket investor in Australia should spend time scrutinising the events unfolding in Japan. The world’s third-largest economy is akin to a window into the future and is rapidly becoming the test case for all other advanced economies, including Australia and the United States.

“Australia must not go down the same path as Japan of trying to prop up economic growth via an expansionary fiscal policy.

As a nation it must continue to replenish the working population and try to keep it in the realms of 65 per cent of the overall population.”  So the question is how whats the Replenishment Plan?

Read more: Matthew Kidman

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