As Rapidly Aging Asia Takes On More Debt, Stimulus, & financial engineering Won't Help: Moody'sMark Melin
The demographic decline in Asia, particularly in Japan, has been well documented. Meaningful numbers of elderly are retiring in far greater numbers than young working age people are replacing them. As a working-age population growth problem spreads across the region, especially in Eastern Asia , reducing economic prospects, a Moody’s report notes a potential solution that will require a cultural transition.
Eastern Asia is rapidly aging and more debt, quantitative stimulus, and financial engineering likely won't . . .
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