Comments by "shazmosushi" (@shazmosushi) on "Why the Bank of Japan Bought $300 Billion of Stocks" video.

  1. The biggest macro-economic level that Japan can pull any time is the immigration tap. It would solve all their shrinking labor force problems very quickly, and potentially fix their demographic problems if they do a good job encouraging births and assimilating all new arrivals and their children. But unlike the West, Japan didn't have mass migration in the last few hundred years so is not an immigrant nation: they have strong cultural and racial aversions to this. But the immigration doesn't even have to be from the Middle East and Africa. It could be from East and South East Asia (from Laos to the Philippines). But Japan would rather see its population fall to 60 million people than become an immigrant nation. Which is fine -- that's their decision to make. It's just that it means the country will become increasingly economically irrelevant as time goes on (while the demographic of many western countries continues to be much healthier)
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