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That's the trap. They need to work more (Japan didn't allow mass immigration) to fill the rising gaps in their welfare state... less time... less family life.... less children. A vicious circle
Pensions and medical care for elderly
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Yes. Social costs are exploding meanwhile the potential for investments in productivity growth diminishes. But at this point I guess the family as the real social fabric will see its comeback. Here in Spain a lot of young adults and elder people are living at their parent's (or kid's) home to save money. Maybe it starts at this point.
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