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Japan's demographic time bomb is a bad omen for the US
Over the last five years, Japan's economy has contracted by more than two trillion dollars in GDP and 1 million people in lost population. If the US doesn't keep investing in immigrant labor and flexible work schedules, it could be only a couple decades behind. Experts call situations like Japan's "demographic time bombs." They're places where fertility rates are falling at the same time that longevity is increasing. Without young people to support older generations, economies can shrink, putting even more pressure on younger generations to keep families small and budget-friendly. Japan's case is an extreme one, says ... (full story)