Japan is interesting because it has the highest debt-to-GDP ratio of any developed country and most other countries in the world are increasing their debt-to-GDP ratio; in effect, they're all moving towards a Japanese reality due to the fiat system's lack of hard monetary constraints.

If you look at Japan, the aspects of its economy and society which stand out the most are:

- Rigid economic structure and processes.

- Economy dominated by huge corporations, without much room for startups.

- Highly concentrated urban population.

- Population decline. Many young people are not dating and not getting married, can't afford much on their salaries working in the city.