Is Japan dying? (Source: PBT Consulting) Today, East Asia is widely acclaimed for decade upon decade of economic success. Yet this success rests on a very fragile foundation—an aging population with the world’s lowest fertility. This situation is viewed with surprising indifference by East Asians and Westerners alike. As with so many other things, we prefer to see tomorrow through yesterday’s eyes.
Via the CIA World Factbook, this map showing world age structure, from 2005 to 2025. The countries in red are the ones with younger populations; blue, older. Especially notable is East Asia (of course) but also Mexico. Soon, we'll a... Read Post
Based on our survey of a wide range of secondary sources, it appears that commodity and product shortages have already hit Japan and will soon spread into Asia and potentially the rest of the world. For many commodities, suppliers w... Read Post
A big economic story this year has been "Abenomics", Japan's effort to get out of its multi-decade deflationary slump using a combo of monetary policy, fiscal stimulus, and structural reforms. We already know it's produced extraordi... Read Post