It's over for Japan
>>532518670>It's overFTFY
>>532518670Now do US treasuriesI'll wait
>>5325186702.4% yield? Any wonder they do the carry trade, I would too, even though it amounts to a physics defying free money glitch.
>>532518670Explain please.
>>532520248In a jewish world order, there are no limits the currencies cannot reach.
>>532518670BoJ is starting to not give fucks about Trump's market manipulation and will sell massive US treasuries in retaliation soon. You have no idea how much liquidity is sitting under USDJPY 140 right now. Expect to hit the low of corona times. :)>Financial institutions take note.Not financial advice because Powell sucks my balls.
>>532520665Expect a massive global rug pull. Investors who borrowed cheap Yen to invest in US stocks or emerging markets are now rushing to sell those assets to pay back their loans, which can cause a global market crash. Furthermore, because Japans public debt is so massive, even a small increase in interest rates creates a crushing interest burden on their national budget.
>>532520665Japan will become a cheap tourist spot like Thailand and Vietnam because they will inflate their currency to pay the interest on their debt
>>532520915>>532521057Thank you goys
>>532520665For the longest time Japanese Yen sat at 0% to near 0% interest (this was part of the intended design of the Plaza Accords), this allowed investors to borrow a fuck ton of Yen, then invest in US companies for close to pure profit (near zero interest paid for borrowing yen). The volume of Yen carry trade was so high, that now it has become a legitimate nuke for the financial sector; when there's a few trillion yen floating in the global market, a 1% interest rate increase = billions in debt interest that must be paid.Problem is nobody has that much cash on hand (it's all in assets), and everyone is trying to find something, LITERALLY anything to sell that won't cause a crash just to keep up the repayments so the music doesn't stop.
>>532521292I see.
>>532519486eh its like a whole percentage point away from 1991 levels
>>532521415>>532519486
>>532521292>>532520915Nothing is going to happen you retards, japan is still world's 3rd largest economy. Too big to fall.
>>532521479Japan is very close to a fiscal dominance scenario. Even the US would get absolutely assraped by that. +50% inflation in a year is expected to get the debt under control.https://www.stlouisfed.org/publications/review/2023/06/02/fiscal-dominance-and-the-return-of-zero-interest-bank-reserve-requirements
>>532521437>>532521415The absolute percentage is irrelevant. Going from 0.1% to 2.4% is effectively a 24x surge in borrowing costs. Imagine your mortgage or interest payments suddenly multiplying by 24 and tell me that is not a big deal. Japan has a debt to GDP ratio over 250% which is more than double the US level. A 1% move for the US is a headache but for Japan it is a total cardiac arrest because their national budget gets incinerated just paying the interest.
>>532521762Japan literally got out of the 1929 great depression crisis unscathed, they are going to be fine.
>>532522110>The Great Depression did not strongly affect Japan. The Japanese economy shrank by 8% during 1929–31. Japan's Finance Minister Takahashi Korekiyo was the first to implement what have come to be identified as Keynesian economic policies: first, by large fiscal stimulus involving deficit spending; and second, by devaluing the currency. >Keynesian economic policies>deficit spending>devaluing the currency
>>532522110>unscathedNot really, they blew the money that is now their debt on social spending and some unproductive infrastructure shit (like tourism-related beautifications), all while forcing their people to invest in real estate to escape the shit fiscal policies with an appreciating asset.In short, they paid the old for votes that priced out the young of family creation and have nothing else to show for the spending.They're anything but fine.
>>532522110What a strange thing to say
>>532522110Japan’s current situation is like a frog slowly being boiled alive.At 2.4% yields, Japan is looking at an interest expense of over 13 trillion Yen for the 2026 fiscal year alone. This is not a future problem, it is happening right now. Since the average maturity of Japans debt is around 9 years, they have to keep refinancing old 0.1% debt with this new 2.4% debt. By 2029, the interest payments could double to over 21 trillion Yen, effectively cannibalizing the entire national budget. This massive debt burden means Japan will have to aggressively slash spending across the board. You are looking at brutal budget cuts for social welfare, healthcare, and even the massive defense spending they have been planning. The government won't have any fiscal room left to function because every spare Yen will be sucked into the interest payment black hole.In shrot, Japan is essentially turning into a giant interest payment machine rather than a functioning state.So, the BOJ is absolutely losing its mind over this 2.4% figure and will throw every single tool in the book just to pin those rates back down.
>>532522400>>532522499They are unaffected by kike economic shenaigans.
>>532521355>>532521292
meh
>>532523026Thx chatgpt, but you are full of shit.
>>532518670Didn't we just buy shitloads of oil from them?
>>532523026Sounds like a great time for a debt jubilee and to emove all foreigners
>>532523181>>532521355
>>532523026>effectively cannibalizing the entire national budgetJapan's national budget revenue is ¥78.4 trillion.
>>532523111The fuck are you talking about? Japan is literally the textbook case of yidish financial scams defrauding a nation.
Here's Japan's budget history
>>532523532There are no Jews of any consequence in Japan you vodka idiot.
>>532523026>Japan is essentially turning into a giant interest payment machineLike everywhere else.Welcome to the club, slave-sama
>>532523547What is really bizarre is how you add so much Kenysian stimulus for so long and end up with ZERO economic growth since the early 90s.
>>532521782They should just default and start over. "Gozaimasu jewish bankuru-des, but ore wa no more moniru have"
>>532523608You can't get more jewed that to use Keynsian economics.Paying banks for assets they can't get rid of at imaginary market prices to give them liquidity they don't pass on is the epitome of jewish cronyism.
>>532523914they still have a much larger economy than yours Fritzl
>>532523608Japan is fucked by American yids, you retard.If Japan had any yids of their own they wouldn't be fucked so hard right now.
>>532523608That's called the United States, retard.
>>532521292negative actually
>>532523026no government will ever spend all their revenue on interest, that's stupidyou balance the budget sans interest, then default. Can even do partial defaults to foreign holders or haircuts negotiating debt down and stuff.If the BoJ can't just lower rates again.
>>532521057It already has
>>532523235Thank you! I just happen to be a good writer lol But here is the kicker… Yields are actually going to go even higher!The current PM is a woman who thinks she can cut taxes and push for massive fiscal expansion at the same time lolThe moment the Yen carries start unwinding, emerging markets are toast. All that cheap capital is going to flee back to Japan instantly, nuking your local currencies and triggering a massive debt crisis. It is a straight up domino effect where every high yield bet in developing nations gets liquidated overnight lol And, That includes you, Poland. Of course, we are going to take a massive hit too. We might even get dragged back down to the second world.
>>532524330All of that is just ways of destroying the value of the currency. BOJ will have to start dumping other assets to fix that and that means selling US debt which makes the US have all the same problems discussed in this thread regarding Japan.
>>532524478is this...a yen milkshake? can that even happen
>>532521292Won't that crash American economy too?>>5325230261. Print singular 10 000 trillion banknote2. Use it to pay all debt3. The instant it's done, replace Yen with new currency, let's call it Banzai YenWhat's the worst that could happen?
Japan is a vassal to USA and ISRAEl.Usa and Israel decide how much economic growth their allowed to make.If things go too well, they step in.Therefore investing in their market is not a very good option.
they always hit those highest indices levels, yet nothing ever happens. One might begin to think its by design
>>532524969No, unlike the dollar, they have no institutional demand (e.g. oil, treasuries) that lifts the value of their currency. Without that, you don't have the "suction" for the milkshake effect.In their case, an abundance of unwanted yen would only hurt them.
>>532525078It’s a fiscal kamikaze without the airplane lol You’re looking at a world where a Nintendo Switch costs three truckloads of Banzai Yen and Japanese are forced to use those banknotes as actual toilet paper because it’s cheaper than buying 2-ply lol
>>532524478How 2 profit off this situation?
>>532523111ahahahahaha! you can't be serious Japan has one of the highest debt to gdp ratios out there, they are neck deep in the collapsing world order
its time to kill this korean niger
>>532525516Long Geishas. The tourists will pay for higher prices with their cheap yen and you'll make bank.
>>532520665Trannies think the deserve to move to Japan because they watch Korean cartoons and play Chinese phone games
>>532525430You are acting like the Yen is the US Dollar. Japan is not the world reserve currency and they cannot export their inflation to the rest of the world.Japan imports over 90% of its energy and 60% of its food. If you nuke your own currency to pay off internal debt, the cost of living for the average Japanese citizen will skyrocket. And France? At least they have the stability of the Euro. Japan is a lone captain on a sinking ship, and your brilliant idea of just print more is exactly how a country speedruns its way into becoming a failed state. In short, the control over the printer does not matter if the paper coming out of it is worth less than the electricity used to run the machine.
>>532525516If Japan were to fall into a state of virtual financial collapse, it would lose the ability to create entertaining cartoons, and since you would no longer have to ruin your life by getting obsessed with new animations, a brighter life would come your way!
>>532518670Japanese economy is very good though.>Japan in the past 15 yearsinflation is 1.5 timesaverage stock is 5.5 times
those who bless Israel will be blessed
Japan is the biggest holder of Japanese debt It's fine as long as it stays below American yields.
>>532526182Gook-sama what are the chances of that timeline coming to pass? Why would Japan make this move right now? Revenge for the nukes?
>>532523771>denominated in USDgarbage
>>532518670>Holy fuck 2.4% yield I'm going insane!!!
>>532526182Ngl, we're already well past the point where the good anime comes from Japan. Worst Korea and China are already producing with higher quality and better stories - all while the nips are getting obsessed with westernized "villainess"-girl protag shit and trying to mainstream homosexual relationships.They're kept afoat by the big few like One Piece, JJK, etc. but that will get stale eventually too.
>Worst Korea acting smug as if his country isn't the top place in private-debt/GDP metric.You'll get sucked into the mayhem like you did during the asian crisis.
I couldn't imagine to be japanese. They have small dicks and got atom bombed twice after that they are under constant US occupation. Imagine what this does to your mind. Foreigners, all military men, taller with bigger cocks than yours being stationed in your country and fucking your women. No wonder they invented anime, hentai and all those weird fetishes, they must cope
>>532526804>japanese money is now worth more than before>japanese saving accounts now return more money to people who save money>this is somehow a bad thing for the japanese i dont think so.
>>532526513It is not some grand conspiracy, it is just pure, unadulterated incompetence. Japan has been stuck in a deflationary trap for 30 years and they finally got some inflation, so they panicked and tried to go for a growth strategy by printing even more money and cutting taxes. It might work for 5 mins, but the heart is going to explode.In particular, Shinzo Abe continued to print money for 8 years. As a result, the yen-dollar exchange rate was ruined. If I were Japanese, I would blow up Abe's grave. He is a traitor of Japan. He gambled with Japan and, after a complete failure, left very comfortably lol>>532526986I said that Korea would also be hit hard u unlcuk russia
>>532526328>Japanese economy is very good though.Abe saved Japan.We all Japanese except far-left miss Abe.R.I.P.
>>532520665Nobody understand shit because there s nothing to understand.
>>532521782Don’t forget that this is only half the problems. Don’t forget about the yen loophole. Low interest rates encouraged the entire world to borrow yen and the. use this yen as collateral to borrow dollars for cheap. Now that they have to pay debt on both the dollars and yen a lot of people will go bankrupt and causing a cascade effect that could collapse the western economy.
Blahh blah, Japan is an economic vassal to the USA. Thats all you need to know.Don't put your investments into their market.
>>532518670I have heard people doomposting about this for literal years now, and since then stocks have only gone higher and higher. Just accept that finance is gay and the people in charge will only let the line go up.
>>532520665>>532521292Pretty much..Liquidity tightens, not just in Japan but anywhere where excess Japanese capital has flowed.Japanese Government getting harder to finance (but still okay).Japan debt-to-GDP is at 260% and this has spilled over into the US market, inflating it further. This debt just got more expensive.Less buying of US treasuries, harder to finance the deficit.Nothing's crashing yet but it's one more toe in the water. >>532525078If US and the petro dollar falls it will shock the entire western hemisphere to its core.And one more thing,Whenever the dip comes, it will be BIG. Remember to buy it. Generational wealth to be made in the decade following the crash. Which WILL happen in our lifetime.
>>532528687>Whenever the dip comes, it will be BIG. Remember to buy it. Generational wealth to be made in the decade following the crash. Which WILL happen in our lifetime.Lmao, have you been living under a rock during 2026 Olle?
>>532528922You haven't seen anything yet
>>532529459Yeah right the western economy is going to collapse because you said so.
>>532521782Hmm sounds like maybe they lost a war and are being enslaved or something.
>>532529538>aging population>getting replaced by useless niggersYeah bro it's not going to collapse.
>>532528671For me I am earing about this crisis since 2012 and isnt happening yet, I am Not expert in economy but since Trump manipulate the market si openly I see how a lot of theses "predictions" feel gay and fake.We are all poorer now and with no real state, in japan, europe, USA, Sea etc etc
>>532524142>Japan is fucked by yidsimmigration of indians and blacks will now destroy Japan.
>>532529734Dooode it's going to collapse, because it just is okaaayy
>>532530057>catastrophic birth rate>even with the imported niggers>it's not going to collapse
'japan' owns money to its own central bank, effectively they have been printing money for a long time. These supposed borrowing costs do not matter to them at all. This is the reason their debt to GDP is so high yet they are fine, it's just a way to do printing fuckery
>>532530130Le hecking birth raterinoooes goy
>>532521437oops
>>532530217lmao hand grenades
>>532530679Oh no hand grenades, economic collapse imminent!Sell all your stocks!
>>532518670The Bank of Japan (BoJ) is being pushed toward rate hikes, not by domestic demand, but by imported energy inflation. Instability in Middle Eastern oil flows and uncertainty around Australian LNG—particularly potential taxation—are tightening supply and driving cost pressures. These are external shocks the BoJ did not create, yet must now manage.In this context, forward guidance becomes critical. Without clear signaling, the risk extends beyond inflation to a loss of confidence in the yen. The BoJ is reacting to consequences, not causes—many of which stem from broader geopolitical dislocation, including failures in U.S. foreign policy.Despite provocative rhetoric from figures such as Donald Trump, the BoJ has remained measured and cooperative in the face of an increasingly unpredictable U.S. posture.From my limited perspective, a severe deleveraging event may ultimately serve as a necessary reset—unwinding excess leverage and restoring more honest price discovery. I recognize this view carries little weight; I am simply a patient investor looking for an entry into a system that often resembles a fragile, highly levered construct.At the same time, current geopolitical dynamics may produce a longer-term shift. Collaboration among middle-power states can demonstrate that even a superpower is vulnerable—particularly through disruptions to its energy dominance and currency stability. This exposes the underlying mechanics of power, weakening the illusion of invincibility. By showing that the rules of the system can be rewritten, such coordination may constrain future abuses of power and reshape expectations of global control.
>>532530838>Oh no, economic collapse imminent. economic collapse imminent!!>sell your economic collapse immediately!
>>532524478>But here is the kicker…I lol'd
>>532525078>Won't that crash American economy too?And that's a good thingNow be sure to have some precious metals. Even Copper is a buy.
>>532526182>If Japan were to fall into a state of virtual financial collapse, it would lose the ability to create entertaining cartoons, and since you would no longer have to ruin your life by getting obsessed with new animations, a brighter life would come your way!Art flourishes under harsh conditions. The Japanese anime industry is in a protracted steady decline for at least a decade now. Corporations sloppifying the productions on one side, and kikes meddling with the stories on the other.Chinese paying Japanese artists to produce anime will overtake the local Japanese anime industry.
>>532526804>Holy fuck 2.4% yield I'm going insane!!!>What is carry trade?It's a 4.3% yield (US10Y) dropping to a (4.3-2.4 =) 1.9% yield
>>532523026Debt isn't real btw
>>532518670zoom in
Saars what is this "curry trade". Please explain
>>532529538Why am I even helping a swede? Pf course it's going to collapse you dumb fuck, you replaced your entire population with niggers and homosexuals in one generation. Spineless little faggot. You deserve to go extinct, thank fucking god you'll be completely gone in 200 years.
>>532532159>the merciful jew removes your (other) enemy before he removes you too
>>532532159That's not very nice Moshje.Sell your assets to me Moshje and then try to time the market.You seem to have a magic orb that lets you see the future with all of these ridiculous claims.They should hire you on wallstreet.
>>532532265>Two jews trying to give financial advice and prognosis on the western economy.Think i'll pass you up on that.
>>532532265The average swecuck did more harm to my country than any jew ever did. Smug fucking swedish maggots, they suck in everything and are always jealous of us. Can't even into skiing. BUILDTHEWALL>>532532524Your daughters are whores and your sons are faggots. This is your legacy. Nothing left but foreigners and their weak slaves.
>>532532633We know you're too stupid to understand. The whole world is laughing at you.
Interesting thread, have a free bump you can carry trade away.
>>532532731Stop playing pretend you spiteful mutant. >always jealous of usI know you are jealous of Scandinavians, and thats fine by me. >>532532835>The whole world is laughing at you.Another projection.Everyone loves scandinavians, but they hate your kind.That is obvious with the recent developments.
Auf wiedersehen brown and circumcised idiot
>>532523771stagnant population growth means GDP per capita remains the same
>>532533234Scandinavian women are furry and the men are emasculated government trusting cucks.
So, who actually collects all these interest payments.Can I get a list of names. People, not some entity pretending to be a person.
>>532534133>People, not some entity pretending to be a person.But that describes jews very accurately, I don't know what you expect, anon.
>>532533234>Everyone loves scandinavians, but they hate your kind.>That is obvious with the recent developments.The only thing obvious these days is that you will soon be gone and the only thing left will be a brown mix of strangers with no heritage and no connection to the lands. Your nation and nationality will decay and wither until you are just a memory. Remembered forever as the people who cucked themselves to death. I just hope that for one second your smug veil will disperse as you finally die getting your head caved in with a rock by your wild animal pets.You are nothing but a failed experiment trying to save face with a mask of arrogance and denial.
>>532521292Is there a single financial thing left that doesn't contain a time bomb birthed by retarded schemes and loopholes?
This is GDP in yen. Looking at the data in dollars can lead to losing sight of the truth. Since Japan is a domestic demand-driven economy, this chart is closer to the actual economic situation; stagnation is over, and growth has begun.
>>532534133>So, who actually collects all these interest payments.Have you ever bought a government bond?It is basically giving your money to the government and they promise to pay you back later. Let's ignore the word bond and call it more plainly: You are giving the brokeass government a loan.The people collecting the debt are people who gave these loans (bought bonds) to the government. Usually, this is investment companies acting on behalf of large groups of people they manage money for, such as retirement funds.
>>532534621Shinzo Abe turned Japan going up again.He saved Japan. Thanks Abe!
>>532534621Have you gone outside? Inflation has begun. If I buy 10 apples 10 years ago and 10 apples today, I still bought 10 apples. But the GPD looks higher when I'm handing over another 300 yen for the apples. The economy did not grow, there is no greater material abundance. The number just looks bigger.
>>532534804Honest question:Do you really need the economy to grow if you have a stable population? Can't it just advance, as in becoming technologically more developed, which potentially leads to other improvements (say time off, more personal development, etc). Not saying those things have happened in Japan, just asking more theoretically
>>532534621Now post the GDP/silver chart and you'll see funny stuff.
>>532535244The dept jew demands growths.
>>532521479*4th soon to be 5th
>>532535244>Do you really need the economy to grow if you have a stable population?Define stableStable for not dying out? No, you don't need to grow.Stable to pay for retirement pensions? You need to grow, infinitely and forever, because old people who produce no value outnumber the young, meaning every person has the tax burden of supporting multiple boomers on their backs.Imagine if you will the 1950s America, where minimum wage supported a family of 4 on one income (or so the legends go)Now halve that income (women doubling the labor force), maybe consider if a 'family' of 3. That is basically the economic burden on single young people now.You live alone, yet your wages are garnished to pay for 1-2 boomers you will never know because they voted themselves your money (it was promised to them 3000 years ago). And then these boomers complain you are lazy, greedy, and entitled, while also voting for more pension increases and crying that they can't survive on the current pension amounts. They also want to live alone rather than with family, meaning the housing supply shrinks even more as what used to be 3+ generation households become empty nests. It doesn't help that they are so insufferable that their children don't even want to live with them.Does it make sense now why the theory can't match reality?Government pensions are poison. Company-based pensions came before government ones, and they were fine because the company footed the bill, and that pension only got provided to some workers, not the entire tax base (paying/recieving).
>>532518670only at 2% and people are panicking... it needs to hit 30-40% if Japan is going to fix its currency
>>532535451they should know that debt eventually has to be forgiven, or else exchanged for something like bondage. they were supposed to follow periodic debt forgiveness as a law at least amongst themselves
It's a good thing actually, finally they're moving for better assets like the nikkei.
>>532535775I meant a country with a TFR of 2.1. I know that's not anywhere in the OECD (except Israel where it's 3). The pension problem is real, but how do people retire otherwise? You suggested living with family. I support that, but that still means the children have increased costs (taking care of their elderly parents).
>>532518670Just tell me whether it'll make anime figures cheaper or more expensive. I want to pre-order few.
>>532536123>except Israel where it's 3It's only 3 because of the orthodox jews that give their women 0 rights, like the arabs and amish do. Among secular jews it is below 2 as well. Note that it's not being religious that causes this, normal variants of christian americans are also under 2. It's women's rights.>but how do people retire otherwiseI'll give you one guess as to which of the following is a historical anomaly- Multi-generation family households- Retirement- Working until you dieThe children have increased costs, but they also have decreased costs when the housing market is not expanded to account for 1 house per every 1-2 people rather than 1 house for every 5-7. Smaller houses too, children sharing bedrooms again and such.
>>532521057Food was cheaper in Tokyo than Bangkok when I went last year. The only thing that stood out to me was the price of cabs. Not excessive or anything, but enough for me to learn the train system. Which was easy, and extremely cheap.
>>532523608They don't need jews at every level, just at the top giving orders. It's well known that Japan's bank takes orders from the west. In the end they'll need to decide, write off the debt and tell bankers to fuck off, and go to a mercantile system that is based in reality, or actually pay off their debt and be slaves forever like Greece. Iceland is the only country that acted right and didn't pay back their debt, and put the banker in prison who came up with the scam.
>>532536440>- Working until you dieThat one. 14th century peasants built cathedrals out of boredom. Literally all we have to do is stop making it seem like not having babies is better than having them. I don't believe it's about the rights.
>>532518670Hope you niggers bought xrp
>>532520665heavily indebted countries are going to go bankrupt due to high interest rate
>>532536440Non-haredi jews still have a TFR above 2.1 (maybe not secular Jews).Working til I die doesn't sound that great desu, but I'm all for sharing dwellings.
>>532536809>That one. 14th century peasants built cathedrals out of boredom.lollmaoPeasants worked constantly; it's just that a lot of their work was called 'chores' rather than a profession. Cows need feeding every day anon. 'Building cathedrals out of boredom' is pure propaganda. Look into it for even 2 seconds and that is obvious.
>>532526421This old chestnut lol. Guess what - Japan isn't self sufficient. In fact, its reliance on the export of essentials is unmatched for a country of this size. I will leave you to stew on the consequences of that.
>>532518670I can get more cheapies Yen to go on holiday with.
>>532536373 Japan has no choice but to make yen printer go brrr again to pay the interest on their debt as their economic output doesn't cover it. This dilutes the value of the yen as more are now in circulation. So yes, your girlyman toys will be cheaper.
>>532537158Import*
>>532537555so basically bond holders are regularly cashing in and so have to be paid... there's no way to put off servicing the debt
goodjapcoin is worthless and i hate having to convert all of it to USD just to earn interest
>>532520665Nobody fucking knows what is going to happen. They all act like they are experts, but they don't know shit. The global economy is too complex for anyone to understand, let alone control.
>>532518670>>532518792So... Do I have to clock in at my job in 6 hours or nah?
>>532518670and it's still worse than a chinese bond because of inflation, it'll have to go to 7% before it's worth buying
>>532529538The question is not if, the question is when (finally). And whenever this happens there'll be no backup plan. There won't be any reserves. No social or economical fallback structures because it has all been globalized.The problem isn't even making debt but ursury that creates new debt by sheer mathematics, debt that has no ceiling or limit up to which it can increase from the initial sum. The numbers only get worse and worse all the time, which means everyone needs to be more careful but at the same time international stability went down and resources haven't even gotten recycled properly because it's financially not worth it to do so. Companies like Amazon even throw away and destroy brand new stuff instead of giving it to the poor or at least selling it at a discount.And not even essientials have an emergency backup in most nations, be it something to eat, drink, medicine or other important things. The entire government and many companies of many Western nations also run on Microslop and other Western IT companies. Once those shut down or their not-AIs stop working shit won't even run properly anymore but they can't fix that without rewriting all of this for use without their fancy not-AI bullshit.There's never a backup for when a system fails. It's always up to the people. Governments never do a proper job.
>>532534804What the government should do is make life easier.When Japan's GDP in dollars was the second largest in the world, unemployment was high, and suicide and crime rates were high. Now, those have decreased, it's easier to find a job, there's even a labor shortage, and life has become much easier.
>>532540782Abe was a really really good Prime Minister.He saved Japan. Thanks Abe!
>>532537140Building cathedrals paid very well and wasn't unskilled labor.
>>53252024899% of people here have no idea what you are talking about. These people are retards.