Immigration changes a lot of things and countries that have a steady flow of immigration will stand up a lot better to those that do not.

Japan, Germany, and Spain are three countries where they dont have a ton of immigration historically. They are also facing declining populations. This could be a factor.

China is also looking like it might have peaked. Some believe they will have a population decline in 2020, first time since 1949. That is going to really set that country back if the decline is starting.

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