Wall Street Journal (October 29)
“The Chinese Communist Party’s decision Thursday to end its one-child policy is a landmark that ends one of the worst government intrusions on human freedom in world history.” It may also belatedly help address China’s “looming demographic crisis from a rapidly aging population.”
Tags: Aging population, CCP, China, Demographic crisis, Freedom, Government, Intrusion, One-child
Bloomberg (August 10)
The Bank of Japan has refrained from additional monetary stimulus; an apparent acknowledgement that “pumping more money into the economy won’t end Japan’s deflation. Falling prices are as much about the aging population as anything else, and only structural change can arrest the trend.” Fortunately, the economy might just be driven by “a new breed of Japanese companies going overseas as the domestic market shrinks.”
Tags: Aging population, BOJ, Deflation, Economy, Japan, Market, Monetary stimulus, Overseas, Prices, Structural change
