Mowog

Another Buffett Prediction, Japan Edition

There's much concern here in Japan about how the Nikkei has sunk below 7000 and the yen has skyrocketed against the dollar. Don't forget Japan's large national debt, crumbling national health system (some public hospitals have begun to close) and national pension system. Japanese live forever, have few if any children, and are not going to allow mass immigration. There's money being made here, but the overall future isn't looking all that bright.