Thursday, May 21, 2009

The Debts of the Lenders: Japanese Return to the Farms

Agriculture bull Jim Rogers has been suggesting for quite a while now that people in the 1st world will have to go back to the farms b/c of a generational crunch in the sector. Apparently the Japanese govt has similar thoughts and is encouraging unemployed workers to migrate to the country for some good old fashioned manual labor.
(This is an older story from last month that I just discovered)

There was also an article in the Financial Times providing an update today. I am trying to find it and will post the link when I do.
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