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8 crazy ways Japan is coping with its demographic time bomb

Chris WellerAug 10, 2017, 23:32 IST

Kim Kyung Hoon/Reuters

Japan's population is falling faster than ever before.

Burdened by a low fertility rate and widespread aging, Japan is losing its young people who can perform everyday jobs.

Economists call situations like these "demographic time bombs," since they create vicious cycles of economic downturn and population loss.

Japan's demographic time bomb has forced the country to get creative in how it stays afloat in the global economy - here are some of its strategies.