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Elon Musk is the king of controversy, and he has stirred one more one. He lately tweeted in reply to a consumer’s submit and mentioned Japan would “finally stop to exist” with out a larger birthrate.
The billionaire tweeted, “Prone to stating the plain, except one thing modifications to trigger the delivery price to exceed the loss of life price, Japan will finally stop to exist. This is able to be an ideal loss for the world.”
Prone to stating the plain, except one thing modifications to trigger the delivery price to exceed the loss of life price, Japan will finally stop to exist. This is able to be an ideal loss for the world.
— Elon Musk (@elonmusk) May 7, 2022
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Musk’s tweet has set off a flood of sarcasm and anger, with folks asking what’s the level behind this tweet to others agreeing with the Tesla CEO.
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Others identified that low delivery charges are an issue in lots of international locations, together with Germany, the place Tesla lately constructed a brand new facility, and that Japan was merely being affected first.
So what is going on in Japan?
In 2021, for the eleventh consecutive yr, the nation has confronted a gentle decline in its inhabitants.
As of October 1, the nation’s inhabitants stood at 125.5 million, down 644,000 from a yr earlier. Whereas there have been 831,000 births in Japan in 2021, there have been additionally 1.44 million deaths.
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Japan’s Ministry of Inner Affairs and Communications, says that this discount was the biggest since comparable knowledge grew to become out there in 1950, stories Kyodo Information.
What’s behind this inhabitants decline?
Japan is coping with two issues: a shrinking workforce and an ageing inhabitants.
Whereas the speed of decline has slowed in recent times, due to a rise in international staff arriving underneath a extra liberal visa system, coronavirus has had a detrimental impression, stopping corporations going through labour shortages from hiring international staff.
What does a declining inhabitants do to a rustic?
A group with a better proportion of senior residents may be much less interesting to companies. Enterprise homeowners face a scarcity of certified staff, whereas the nation’s economic system suffers with out international companies.
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Nonetheless, as many customers identified in reply to Musk’s tweet, Japan is not alone in going through this drawback, international locations like Germany, Bulgaria, Italy and so forth. too are falling prey to this drawback.
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(With inputs from businesses)
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