During the late 80s, Japan was a booming powerhouse. They were #2 in GDP, beating China, Brazil, UK, and Germany, all countries with major advantages over Japan either in geography, population, or not getting nuked twice in WW2.
Japan was literally taking over major industries in the United States and showed no signs of stopping. This was emphasized in many of the movies that came out during that era.
Then all of a sudden the 1990s recession and the 1997 Asian Financial crisis hit, and Japan never recovered ever again. Their population also never recovered afterward.
They made themselves wealthy, raised a bunch of idiot kids and then got old. The idiot kids couldn't sustain the world their parents built.
Joseph Young
Anime
Daniel Bell
The only research I've done is skim a wikipedia article on the subject. It seems for similar reasons to why the GFC happened and why my country's economy is about to get fucked, a real estate bubble. People putting tons of money in real estate even though it's non-productive, eventually the bubble bursts and drags down the entire economy with it.
Nolan Harris
shits happening everywhere. We're also seeing useless companies get bundles of cash for no reason. Meanwhile our dumb politicans are investing not on infrastructure, or any long term development projects, nope, they're throwing it at useless low IQ immigrants
Leo Gomez
nothing went wrong this is a natural population curve.
Parker Jenkins
automation will solve everything soon declining population actually is a good thing as there'd be less annoying people
>They got wealthy >They created the typical pension ponzi >The idiot kids now had to work the same as their parents but pay 10x more taxes >The idiot kids could not buy houses due to their high prices >The idiot kids never had kids
Maybe creating intergenerational ponzi schemes is not a good idea.
Adam Barnes
Because Japan was a bubble that popped. What is so hard to understand about that? They played a game and they lost against the Jew.
