Japan it seems, cant catch a break. We have mentioned for the last couple of years that Japan has some real population issues. Unlike most of the globe that is seeing an increase in their populations, Japan is moving towards extinction. There is a tradition in Japan that the populous does not marry those from a foreign race but keeps partnerships generally Japanese. Since 1975 Japan’s fertility rate dropped which in turn led to lower birth rates which is continuing to spiral. The country now has an ‘extinction clock’ which shows the population is dropping by at least 1 every 100 seconds and within 1,000 years there will be no more Japanese. The country has been attacked, we believe, by the Chinese. The Chinese government have been working hard to strengthen the Yen to make the countries chief income source, exports, overly expensive. The decline in Japanese manufacturing and corporate profits as a result has seen China overtake the country in terms of GDP and it is only a matter of time before Japan falls further down the global economic league table. The culture of being passive in Japan has led to and continues to lead to them not addressing their economic issues as effectively as others may have done. In our opinion Japanese companies in general are a bad investment until the Japanese government becomes more pro-active and effective. The extinction clock on the Japanese economy looks to run out way before the population extinction clock unless leadership shines in the land of the rising sun.