Quote from: moonya on May 01, 2017, 06:08:44 PM

Quote from: TheCoinGrabber on May 01, 2017, 05:23:14 PM

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Quote from: TheCoinGrabber on April 30, 2017, 07:40:57 PM

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Quote from: TheCoinGrabber on April 29, 2017, 10:27:53 PM

I don't live in Japan and get all the info online and in the news. It seems the Japanese are already starting to feel the burden of their aging population. Maybe that's why some there are getting depressed. They already have a low birth rate and so there is increased pressure on the children for caring for their parents. Less siblings you have mean less help financially.

I don't think that ageing is the reason. The Japanese birth rate (1.4 children per woman) is still higher than that in the neighboring nations such as South Korea, Taiwan and Hong Kong. Also, the Japanese life expectancy is much higher, meaning that the death rate is low.

At most, 1.4 would be two children. That's still too few to support aging parents if they also have to support their own families. Of course there's social security, but we all know it's mostly a Ponzi scheme where the current workforce is paying for the benefits of the retired sector.

In Japan, they normally work until 65-70 years. And the children and grandchildren do look after their parents and grandparents, rather than dumping them in some old-age home. And trust me, 1.4 is much better than the situation in the Chinese cities (where it is below 1.0).

If they're working up to that age then hopefully they've saved enough money for the family. Maybe it really is cultural.

As for China, this is a result of the One Child Policy. They are trying to reverse it now because of the aging population but it seems people are not interested in having more children.

They are not interested in a large number of people, and therefore they are loaded with work in order to multiply.

Well, the government seem worried. After all, your citizens below 60 make up the workforce. That segment should always be larger than the retired to make sure you have a steady supply of workers. Of course I'm not saying the elderly cannot contribute to the economy but then again you can't be sure if they'll start businesses. Some would just survive on pension.