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Japan Is So Desperate to Increase Its Birth Rate That Tokyo Is Trying Out a New Idea: Free Daycare (www.xatakaon.com)

submitted 1 day ago by Garibaldee@lemm.ee to c/worldnews@lemmy.ml

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[-] A_Filthy_Weeaboo@lemmy.world 21 points 5 hours ago* (last edited 5 hours ago)

Also...loosen immigration laws?

I know it's a very closed off nation with deep cultural roots that is very weary of outsiders...

[-] OmegaLemmy@discuss.online 4 points 3 hours ago

I don't mind finding work in Japan... ...if it wasn't so hostile to workers

So far, Japan is near the bottom of my list for western countries to work at, and I would much rather find a job in Korea instead

[-] Xatolos@reddthat.com 12 points 3 hours ago

Japan is near the bottom of my list for western countries

Japan is an Eastern country. In fact, it's the farthest East county possible.

I think the words you were looking for were "first world countries".

[-] NauticalNoodle@lemmy.ml 3 points 59 minutes ago* (last edited 57 minutes ago)

Developed*

[-] BigBananaDealer@lemm.ee 8 points 2 hours ago

its so east that it loops back around to being west

[-] OmegaLemmy@discuss.online 0 points 1 hour ago

Po-tay-to po-tah-to doesn't really matter to distinguish between them when what I meant was clear, although I probably would've said first world if I was nitpicking my post before sending

[-] Noodle07@lemmy.world 19 points 5 hours ago

Racist, the word is racist

[-] A_Filthy_Weeaboo@lemmy.world 7 points 5 hours ago

I know... 😔

[-] PapaStevesy@lemmy.world 1 points 1 hour ago

Additionally, the word is "wary"

[-] riodoro1@lemmy.world 48 points 12 hours ago

Oh fuck, oh fuck, our ponzi scheme is about to enter the find out phase.

[-] Fisch@discuss.tchncs.de 18 points 6 hours ago

Capitalism is totally different from a ponzi scheme. In a ponzi scheme, the profits go up to the person at the top and you always need new people that come in, otherwise the whole thing will fall apart and the people at the bottom will be the ones that suffer. Under capitalism however, the profits of everyone's work will go up to the top and you always need new workers to come in, otherwise the system will fall apart and the people at the bottom will suffer. Totally different.

[-] Knock_Knock_Lemmy_In@lemmy.world 3 points 5 hours ago

Maybe this ponzi. Unfunded state pensions use workers contributions to pay current pensioners.

Less workers = less pensions.

[-] LandedGentry@lemmy.zip 1 points 2 hours ago

That’s still not a Ponzi scheme even if it isn’t sustainable.

[-] qaz@lemmy.world 1 points 1 hour ago* (last edited 1 hour ago)

I think it actually fits quite well.

A Ponzi scheme is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.

Meanwhile, the current pension system in most countries depend on a growing population to spread out the payments for pensioners over multiple workers.

Ponzi schemes collapse when there aren't enough investors to sustain the dividends to be paid to the existing investors. Most countries' pensions rely on an increasing amount of working age inhabitants to pay retirees and are now having issues paying out pensions due to the shift in demographics, that's why many countries have been increasing the retirement age recently.

There are 2 solutions to this.

Increasing birth rates, this option is not sustainable in the long term but is commonly preferred for reasons mentioned below.
Migration. There are currently plenty of countries with a large working-age population and a weak economy. Letting those migrate would solve the demographic issue, but is political suicide.