### Comment:
so what does this mean in the future though? I can already see the economic impact 20 years down the line.  
  
 Are we going to be another Japan? 
  
 I literally don't see any other solution unless you drastically cut inflation out of education, housing, and healthcare. That 2% inflation target is ridiculous.

### REPLY:
&gt; Are we going to be another Japan? 
  
 Yep. You are on your own for your retirement needs also means that there's no point to overwork yourself like crazy now just to have a shitty retirement, there's no 'golden years' ahead to justify not making the most of leisure time now. A more natural distribution of leisure/work throughout the lifecycle (vs work like crazy till 65, then nothing) should be the outcome.

### END.