Rumors of Japan’s Imminent Demise Have Been Greatly Exaggerated

September 16, 2017

Yves here. This is a short video on Japan. It challenges the prevailing media narrative that Japan’s aging population and high debt levels spell disaster from an economic and cultural perspective.

One mild sour note was the suggestion that Australians could take on more debt than Americans have. Australia has seen a remarkable increase in personal debt levels since the early 2000s, to the point where consumers are heavily burdened by advanced economy standards. The video also has ads in the middle (!!!) but you can skip them after five seconds.

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