Although much of their attitude has got to be a reflection of Japan being in it's 2nd lost decade ... but such a thing can be self-fulfilling. I.e. it sounds like there isn't much in the way of Keynes' "animal spirits" there.
And this is reflected in a "lowest low" birthrate ... Mark Steyn says no society has ever recovered from that....
Although much of their attitude has got to be a reflection of Japan being in it's 2nd lost decade ... but such a thing can be self-fulfilling. I.e. it sounds like there isn't much in the way of Keynes' "animal spirits" there.
And this is reflected in a "lowest low" birthrate ... Mark Steyn says no society has ever recovered from that....