Word: musts
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...watching severed heads propel into the audience. But FD4 slaughtered the competition with a surprising $28.4 million weekend gross, according to early industry estimates. That was the best opening by far for the series, which had never before hit $20 million in its initial frame. The race-car premise must have appealed to soccer kids and NASCAR dads...
...right mix of policies that enable younger workers and small businesses to become more productive, and that ensure consumers can consume. Those policies are not in place today. The country is a de facto gerontocracy that has failed to adapt to today's economic and demographic realities. Japan must redefine its goals and, at a deeper level, rewrite its social contract so that youth are better served...
...Moreover, as Japanese must rely on private savings as their biggest cushion when times are tough, they tend to save more than they would otherwise. Even workers eligible to receive government benefits cannot rely on the public pension system for adequate retirement funding. In short, this thin social safety net perpetuates the population decline and prevents private consumption from rising to offset the shrinking number of consumers. You can't expect the population and the economy to grow by guaranteeing survival to only the oldest workers and businesses while subjecting everyone else to market forces...
...Policymakers have failed to match increased job insecurity with a corresponding expansion of social welfare. It's true that Japan's public debt is approaching 200% of GDP - the highest among developed countries - which limits the government's options. Still, the state must deepen the social safety net to better cover the underserved: young workers and families. This will help reverse the population decline, rebalance growth toward domestic demand and remove the need to mitigate unemployment by propping up inefficient companies and farms. Japanese citizens will have to make sacrifices - they may have to pay more taxes, for example...
...Given its population size, the day China's per capita GDP is on par with that of the U.S. will be the day that this world collapses, due to depleted natural resources and accelerated global warming. These nations must take active steps toward reducing the effects of their commendable growth within the next 20 years or so. What's the point in getting rich if there is no world left to sustain your life, let alone enjoying your new gains? Yes, China can indeed help save the world: by not walking the same mistaken path that the supposed First World...