6 myths about Japan that put its 'demographic time bomb' in perspective

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6 myths about Japan that put its 'demographic time bomb' in perspective

japan stock market

Issei Kato/Reuters

Japan is dealing with what economists call a "demographic time bomb."

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Through a vicious cycle of low fertility and low consumer spending, the country's economy has gradually shrunk over the last 20 years.

Japan has coped with this demographic time bomb in creative and sometimes extreme ways. But the reputation Japan still maintains as a tech leader with a booming economy belies the daily reality for many citizens.

Here are a handful of myths that put the demographic time bomb in perspective.