46 () posted 4 years ago by woodenboatguy 4 years ago by woodenboatguy +46 / -0 43 comments share 43 comments share save hide report block hide replies
Covid, population decline and they already have a debt to GPD ratio of 230%. Their interest payments are killing them slowly.
Population decline is a problem if the country is heavily in debt, like Japan.
It's not about density or migrants. It's about the debt per capita. They are heading into a collapse with a debt level of 230% (and that's just the government) and a dwindling tax payer base. Japan will be the first industrial nation to crash.