Is the aging gap between China and Japan several decades? No, it's 5-10 years. In the past, I used to think that Japan was a highly aging society, completely at the next level, and far from the current situation in China. As a former VC practitioner, there were always a group of colleagues who didn't know what to organize a silver haired economic inspection team to Japan. So I always thought that population was a deferred issue, but it's not. Today, while taking a bath, I was worried about the country and the people, and after careful calculation, the gap is only 5-10 years. By 2030, China will catch up with Japan's level in 2020, and by 2035, China's aging rate may even flip over Japan's. That is to say, China will accelerate Japan's aging path from 30 years to 15 years and start over again. The accelerated aging of deflation and happiness is not like when Japan fell into the same trap as a developed country. My biggest concern is not about retirement issues, but about the possibility of significant changes in the risk appetite of the entire society. You walk on the streets of Japan, where there are dental advertisements, egg freezing advertisements, erectile dysfunction advertisements, hair transplant advertisements, and cemetery advertisements everywhere. You will know that the typical portrait of the median age in this society is a middle-aged man who is blessed with blessings. In such places, it is impossible to continue entrepreneurial spirit and destructive innovation. Perhaps it will happen quickly, after all, the changes in social trends and risk preferences are not linear, but a leap. For example, if you look back at 2019 now, it is a completely different world. All foam can burst, and there is no other way than to poke. When it comes to settling the bill for the aging population, there will always be someone buying it. It's either sacrificing the elderly to drink pesticides to pay for the younger generation, or sacrificing the entrepreneurial spirit of the younger generation to pay for the elderly. Japan's experience also includes the introduction of foreign labor, and Japan has almost unlimited reserves in China, making it difficult for China to have any other options besides India. It's not entirely impossible. From now until 2040, there will be over 12 million college graduates annually, totaling one billion over eight years. With the vast majority of job positions being replaced by AI, working as a caregiver is also a good choice. Hell's joke. Bomb Bo and Liang Jianzhang are both right, just a Dong Zhimin who spends all day shouting to learn in prison, and an inexplicable invitation for a mother of five to share her tragic life. Straight men are just too abstract.