Japan’s Economic Decline From Boom to Bust in 40 Years

Japan’s Economic Decline From Boom to Bust in 40 Years

In the 80s, this country was 20 years ahead of the rest of the world in development. And today, it lags behind this very world by the same 20 years. At its peak, it could have been about to surpass the United States in economic terms, but that didn’t happen. The population here is rapidly aging. The birth rate is one of the lowest in the world. And the culture of dedication to their work is so high that many companies offer employees lifetime contracts. Have you guessed who we’re going to talk about today? Japan, the land of the rising sun, which is about to could collapse into darkness forever. To understand how Japan found itself in the current situation, let’s look at it in the

In the eighties this country was 20 years ahead of the rest of the world in development and today it lags behind this very world by the same 20 years At its peak it could have been about to surpass the United States in economic terms but that didn’t happen The population here is rapidly aging the birth rate is one of the lowest in the world and the culture of dedication to their work is so high that many companies offer employees a lifetime To understand how Japan found itself in the current situation let’s look at it in the past