Japan economics thread.
- Thread starter gadgetcool5
- Start date
Japan will never let a large number of foreigners settle in Japan. There's no historical precedent for that nor the ideological support.
They can call themselves 'multicultural' all they like. It's just a word.
Hong Kong has been 'multicultural' since forever, yet the city's demographics still comprise over 90% ethnic Chinese -
I think it's possible they might end up like Qatar, where there's a huge population of "nonpermanent resident foreigners" imported to do menial work but without rights and kept firmly separate from the citizens. Maybe Japan will have a version of the Singaporean live-in maids , except instead of taking care of children, they'll be taking care of Japan's decrepit and elderly.
That'll require their economy not to collapse though:
Japan has to actually be rich to do that.
Median Japanese youth salary in 2017: 30k USD.
They must pay foreigners less otherwise they'd just hire locals. Ratio is what, 1/3-1/4 of GDP per capita? So they'll pay 8k-10k USD equivalent?
Who'd go for that?
Japan is simply a preview of what will happen to South Korea, and eventually, to China, though. Demographics is destiny; all the automation in the world didn't save Japan.
Cultures that do not invest in having more young can be called "death cultures." The modern Western culture is a "death culture," and that can be seen in its increasingly self-destructive tendencies.
To some extent, it might be the case. But at the same time, just look at Nigeria and Egypt and a few other countries, I don't see them have a much of a future either. Overpopulation, hunger, no jobs and no future. For example, India has hundred millions of youngsters without a proper job and average food consumption is lower than many African countries. Simply having more children without proper education might be much more detrimental to a nation than having a fewer children.
So I see cultures that don't take into account of the right balance of population growth and development have no future. It is not one extreme to another extreme. It is the right balance that is the key.
Thats like 700~800 USD then you most likely also need to pay for rent etc.
Why even bother as someone in ASEAN nation, you probably need to start recruiting in south Asia or something like that to find people willing to move.
As Japan's automobile industry is getting displaced by Chinese competition, how are they going to afford? Their chip related industry is also shrinking due to US coercion against China.
broadsword
Brigadier
That is for per month or per year?