2017/10/30. Thinking about population decreasing in Japan: High tax and poor welfare, and huge debts...
I haven’t heard there is debts which doesn’t have to be returned.
I think there will be 3 steps for Japan future.
1.Raising consumer tax till limit
2.Cutting welfare till limit
3.Pretending to return debts till bankruptcy
First point is population decreasing. This causes increasing the debts per 1 Japanese. If population decrease 5%, the debts per 1 person will increase over 5%.
When the Japanese government does bankruptcy is next point. I think that the bankruptcy is after 2020 Tokyo Olympic. But I don’t know when that will happen.