The Japan Business Federation’s 21st Century Public Policy Institute is warning of not only a collapse of the Japanese economy, but a regression to “less-developed” country status.

That would put Japan behind India, as India’s economy counties to boom.

Analysts blame Japan’s fall on an ongoing population exodus, and money exodus, both caused by the March 2011 natural and ongoing nuclear disasters (gee, maybe nuclear reactors are not good for the economy?).

The analysts say that even in the good scenario, Japan’s economy will shrink drastically and by 2050 will drop to 28th in world Gross Domestic Product rankings.

However, the analysts say one way the government can slow the fall, is to drastically increase taxes!  That seems counter productive, as I think it would cause even more people to leave Japan (as is happening in the United States).

By the way, Japan is a member of the Trilateral Commission (Europe, North America, Japan/Asia), whose goal is to establish a singular privatized government system that is seemingly created in response to severe economic and “natural” disasters.