This may be how welfare states die, literally dying away as people forego having children they know are going to end up being slaves to the aging beneficiary class. From Zero Hedge:
Supporters and opponents of Abenomics may debate the metaphorical death of Japanese society as a result of the terminal hyper-Keynesian, hyper-monetarist policies implemented by Abe and Kuroda for the past 2 years until they are blue in the face, but when it comes to the literal death of Japan, there is no debate: as the FT succinctly puts it “deaths outnumbered births in Japan last year by the widest margin on record, underscoring the scale of the challenge facing the government as it tries to ensure a dwindling pool of workers can support growing
ranks of pensioners.”
Indeed, while Japan may or may not surive the collapse in the Yen, which will send the Nikkei225 soaring although nobody will be able to enjoy this unprecedented paper wealth because nobody can afford to eat, drive or heat their house, and all Japanese companies will be long bankrupt, it now looks almost certain that the death of Japanese society will not be due to a runaway printer, but due to, well, death itself.
To read the rest of the article: http://www.zerohedge.com/news/2015-01-02/death-nation-japanese-births-drop-lowest-ever-deaths-hit-all-time-high