Its over
Japan is a fake economy
How is this possible?
>>536697153Unit 731 phenotype
>>536697354Look at this face bros...
economy isn't real
>>536697220>let's print more money and write it as domestic debt, we're sure nothing will go wrong
>>536697153The only people who hate their progeny more than boomers are the Japanese
>>536697220Do you think Israel would go bankrupt if it borrowed a huge amount of money from Jewish Zionists?It's the same thing. Japs are the ones who are lending large amount of money to Japan.
>>536697153are you getting jeeted too, korean bro?
>>536697421This bitch is going to destroy the only nation I saw as true rival to my own, and I couldn't hate her more for it. I don't blame the Japanese man, I have heard, and much to my own sad disgust, experienced firsthand how soul shatteringly slutty the japanese woman has become. Rest in peace Yamaguchi. I'm sorry it had to end with a whimper.
>>536697694Same is said about America but they still talk about reducing the national debt, so it clearly is some sort of a problem
>>536697804USA's largest debt holder is japan. If Sato decided one day to get on demon time and sell all their US debt, USA as a country would no longer exist. But then again such scenario would not happen as USA would drop the 3rd nuke before the deal goes through.
I am personally blaming the last era of Japanese excellence on this man right here, Yamaguchi. Thank him for sacrificing his life to protect the nation from communism, weakness, and subversion.
>>536697220no body knows. at least we will get to see the modern monetary meme play out in our lifetime. I hope we'll get a told you so.
>>536697804Still some sort of problem, yes, but Americans are far more individualistic and competitive than the Japanese, and their identities are also far more diverse and international.
>>536697878I thought China was the biggest foreign debt holder, does Japan really hold America by the balls?
>>536697220Global debt is the countries being indebted to the people. It's a good thing. It measures the amount we have managed to stretch the capital and the level of trust in the system. The bigger it grows, the better it gets. Just a matter of time now before we are all wealthy and space flight will be possible in our lives.
>>536697986when subprime mortgage crisis which is just debt happened, japan with divine insight and direction bought up all the debts which causes them to hold around 1 trillion dollars of USA debt. No other sane country would do that because it's just bad business decision but japan somehow did it and made it an economic dead hand system.
>leftoids think Japan is a xenophobic, mysgonistic very unwoke fascist hellscapce>rightoids think Japan is cucked and pozzed and it's generally over billions must le die!!!Finally. Now please stop going there, it has gotten pretty crowded with tourists recently.
>>536698152It's a strong card to holdMight help in an upcoming energy crisis... Or a war
>>536697987Countries ARE the people>is the people being indebted to the people >this is good
>>536698209>rightoids think Japan is cucked and pozzed and it's generally over billions must le die!!!Yep, doom baiters are really obsessed with that country >oh no no it's over for japenis thread #47489104
domo arigato mister roboto
>>536698582It's so funny because woke leftoids do the same thing but in reverse and say that Japan will holocaust all foreigners tomorrow because the last election was marginally more right wing.
>>536697220What about it? Imagine thinking debt to GDP has any meaning, when it's debt to total assets that matters. For fucks sake, whenever you subscribe to a mortgage to buy a house, by the same metric you're indebted usually up to 500% over your salary. Doesn't matter. Heck, Tim Apple must have a salary of a symbolic 1 dollar or some shit. By the same metric when he contracts a mortgage to buy a house or a boat or whatever, he would be infinitely indebted. What matters is not the flux, it's the stock.
>>536698582It’s chink shills lolImagine not figuring this out months ago
Current Japanese economy is VERY GOOD though.
>>536699042Can it be measured, country by country?
>>536699042you pay interest on the debt, retard. The more government debt, the more of tax revenue has to be spent on servicing debt instead of on services, investments...
>>536699235How does this translate to the average person though? Because the stock market isn't the economy, and my friends over there do tell me of rising prices.
>>536699042on paper, rich people are poorer than you since they "use" all their assets to get loan from the bank with the value of their asset + their yearly salary so that it ends up at $0 which is why they pay 0 income tax.
>>536697220Because GDP is a shit measurement. I thought we learned this years ago? How have people fallen back into this trap?
>>536697799>Japan >Rival to USA This isn't the 80s what the hell are you smoking
>>536699506weebs are some of the most deluded people. And cringy
>>536699235Idk shit about the Japanese economy, but stock prices going up is 'le good' because presumably the public is invested in it (like boomer pensions)... It could just mean a whole bunch of money printing took place, especially looking at index fundsI wonder how long of a mortgage does the average working Japanese have to take with median salary, across time
>>536699424poor, as usual.
>>536699617>>536699506Hmm
>>536697153is he jomon?
>>536697220Most of Japan's debt is owned by the Japanese themselves.So if the government goes bankrupt, it can go live on TV, apologise deeply, commit seppuku then all is forgiven. International markets have nothing to do with that, they will shrug it off
>>536699730he looks like those 2 aliens in that other thread lmao.
>>536699730He might be a Yakub-Jomon muttThough his gradnpa was an ayylmao
>>536699746Could a government really squash privately owned debt like that, let them eat keikaku?
>>536699902Yes you can, they just need to sell it as bond to foreign countries like the USA did many times over. Though it may bite them in the ass in the future.
>>536697153I actually know a shit ton about this. Apparently, Japan overwhelmingly invests in foreign assets cause there's no interest on government loans. The fact they're doing this will collapse the global bonds industry. >>536697220TL;DR, Japan is retarded and gave their citizens a free money hack which makes them overwhelmingly take government loans even when government doesn't need the money. This was done to stimulate the investment economy, btw.>>536697878no, other people would buy the debt. You can't do a bank run on government bonds, they have a term to expiration. TL;DR, if they need to pay back their loans because there's now interest, they'll sell the bonds for cheaper, and then pay off their loans with that money and if needed whatever they have out of pocket to make up the difference, probably still making a profit. Bonds don't come to being until their contractually obligated expiration date. What's more a problem is US cannot rely on Japanese investors autobuying all the bonds they print now. Everyone knew it was gonna happen eventually, this will indeed collapse the Japanese economy harder now, but it's probably a good thing, cause their entire nation (at least the smart people in that nation) was living on a very convoluted capital gains welfare system. And 1% is not killer, just yah know, gonna make people really think about the future of their investments and probably divest a tad. Also this is why you do not have 0% interest loans on financial services and such. I'd be more specific, but I don't remember everything.
>>536700200Hmm, I wouldn't be concerned about domestic behavior on the increased interest rate, it's more like that the foreign borrowers are now forced to pay japan since they can't do carry trade anymore and bringing back foreign held JPY back into japan. Sure some zombie company will be bankrupted since there is no more free money, but for over 5 decades the japanese has enjoyed inflation free economy at the cost of increasing domestic debt because japan keeps printing money only to be bought by foreign investors which keeps the japanese economy in a zombie state. Interest rate on loans and mortgage has been pretty low, if you're a native japanese born, it's not rare to get 0.0x% interest rate.
>>536699235yeah, so that's their stock market. IDK what to tell you, but Japanese economy is a bucket of shit being propped up by low interest loans for capital goods. once you kick out the legs, shit goes absolutely everywhere.Also to clarify, the extremely low interest rates is cause Japanese people are super Jews and don't take normal loans even when it would help them. This actually hurt economic growth, so loans have to be incredibly generous to get anywhere in Japan. Japanese person: This is now a 1% yearly interest loan that comes to term in 40 years, with possibility to renegotiate if necessary. It's a scam. Delay the creation of my profitable business 40 years. We'll do it without taking a loan.American person: If I increase the interest rate, I get more money. That means I live like a king for 1 year with 1% of it, and invest the rest, then I either pay it back or die. Perfectly acceptable. I'll just pay it off with more loans with the money from the loans that I converted into business as collateral. Hey it worked! Let's do it again! Hey it worked, let's do it again!And yes, this is literally how the US economy gets gazillionaires like Elon Musk, only at this point, Musk actually isn't generating revenue through profitable business, he's entirely hype. Absolutely crazy.
>>536700473no, they don't pay Japan, cause they don't give a rats ass who owns their debt. The debt isn't actually anything meaningful like owning a share in company, it is purely we need the money now, we'll pay you back at this date. That is what a bond is, and governments generally only do that. Note most government pay off their bonds with new money from bonds so that's uh where the whoopsie comes in. So to keep doing that, the bonds need to be kept increasingly favorable or else the government just doesn't get money from putting out loans. This system works really well, and there's no risk of any issues beyond government has slightly less money to fund social services long term to be able to do it now.
>>536700878Holy shit i agree with everything including the description of JewsIm scared shitless of debt personally
>>536697153>Omg they raised the interest rate to 1% It’s so over lol fags and this shit got 40 replies
>>536701122Oh yeah, the USA bond. I thought you were talking about the 1% increase in the interest rate.
Eat japanese people, cut their thighs into delicate cutlets
>>536697220debt is held mostly by japanese, so it's not as bad as number says.
>>536700473Also uh, to continue, no zombie company will go bankrupt from this, terms are still overwhelmingly favorable. The carry trade thing I didn't hear about, that's probably more influential yeah. This is still very much a 50 years into the future thing, cause interest rates probably will continue to climb over time to where they should naturally rest given the predicted policy decisions. Making this a slow process is a good idea though.
>>536700878This is true, japanese are extremely risk averse. Also to give more context, social and family support is still very strong, so if someone wants to take mortgage, they often paid 50% of the house's price before even taking the mortgage to not take too much loan.
>>536701303Zombie japanese companies are already falling due to the interest rate increase from 0% to 0.1% back then, it's just that so many companies are taking debt which is free money anyway and prop up their failing business.Carry trade is pretty much the reason why japan's domestic debt is so high since the BOJ keep printing money to lend to foreign countries while they write it in their book that it's a debt to the japanese people. Having interest rate increase will no longer make JPY free money for traders and investors alike.
>>536701185Yeah, says the American who spends 500 bucks a month or more in 20% interest credit card debt to prove they can handle the ability to own a credit card to lenders. The issue isn't that 1% is a lot. It's that it's going from 0% to 1%. And yes, this is new. Between like 1990s and 2021 interest rates were literally 0% for many many loans (still are likely people loaning for that low, but yah know). Obviously a lot of potential buyers of government loans just dried up and are putting their money elsewhere.
>>536697153>go white get the blighthemorightoids will blame migrants
>>536697421>"koala incident"Let me guess, she blew a koala with her attack on titan face?
>>536697220financial repression. when push comes to shove, the government will step in and buy its own debt. all else fails, they will engage in financial repression/yield curve control
>>536701413ah yeah that makes sense. I figured it was people taking out government loans and going ham. If people are backing failing businesses with this then yeah they'll go bankrupt. I thought you meant zombies were shell companies. Fair enough, I hadn't thought of using no interest loans into foreign bonds to prop up a failing business. That's a very wild scheme, and I'd think you'd just close the failing business. Do you have any examples? I'll look, who's the largest company hit?
>>536701568Uh, that's not gonna happen for the foreseeable future. This is Japan basically ending their heavily discounted price controls, they were doing that. Also if you want to make a lot of money on the bonds market, take a loan from the japanese and do arbitrage. :)You'll have to do the math though and make sure it's arbitrage. I don't remember how much that makes either.
>>536701413>>536701588I don't understand how no one in Japan just made some bullshit company, took a shitload in loans and just bought a ton or real estate and became a local DaimyoYah know, like the olden days?
>>536701588Yeah, literally zombie company that stayed alive due to the low interest rate. I can't say one company for sure, but there are lots of manufacturing factories and small shops in japan that closed down due to failure to pay their loan's interest since major company won't be affected as much due to their revenue.
>>536701786Because property is a deprecating asset in japan due to the magnitude of natural disaster. Also property inspection are mandatory and you have to pay if your property doesn't comply with the latest regulation.
>>536701786They did... Only it's less they're a daimyo and yah know. More they're a Japanese businessman. Very closely related, but one gets to execute people, the other is imprisoned in Kyoto.
>>536699424You tell me.
>>536701872Yeah, Japan's property market is shit, but I'm absolutely certain some of the zombies are real estate holdings or developers. On the plus side cheap housing.
>>536701786Thats basically how they got into this mess to begin with. lol
>>536698582>oh no no it's over for japenis thread #47489104Except this time it’s not irrelevant Indian spam but real shit. >t. benefited from the yen carry trade
>>536702374Well, no. They got into this mess cause nobody in Japan took loans, so their bright idea was 0% interest loans. That's the consequence. Pretty quick to solve, I'm also sure some of these zombie companies are voluntarily saying "yeah we're fricking up our nation, it's still profitable, but we'll disband." Some are doing this cause they expect rates to go up, some are doing this genuinely cause Japan is like that.
>>536697153the yen carry trade takes another hit, diddler donnie won't be happy about this
>>536699235>butu siru nippon economy isu riri goodu Looks more like impending collapse imho
>>536702497Is that what Donald is schizoing about now? He has so, so, many things he could solve in the US, like shitty zoning laws. A nationwide federal rule saying you don't have to follow zoning laws that he doesn't like would go ham. He literally is a housing mogul! He probably knows what would make things a lot less bullshit! Does he even care about this nation?
>>536702647He wants to maximize suffering of normal people and personal profit, if you didn’t hear the shot yet then it’s owari for you
>>536702647well to be fair it's mostly bessent who will have a meltie about it, donnie is too retarded to understand concepts like the yen carry trade, donnie will be sperging again that stocks are going down and rates are going up for some mysterious reasons when the economy is doing so well (according to him)
>>536702496No, the bubble that japan built and then popped in the late 80's was due to speculation into real estate. the bank of japan gave out basically free money with which japs used to buy everything they could including shit like pebble beach golf course and 7-11's. Remember when a square foot of prime japanese real estate was worth more than all of the real estate in the US at the time. That bubble was due to free money from the japanese bank and its why they blew up their economy and subsequently had decade after decade of stagnation and decline (the lost decades) because the japs tried to save face and pretend everything was going to be okay.cows are finally coming home to rest.
>>536702957The only real estate good for investment is the one in Monaco. Not to live there but to park your money there. Ideally rent it out as tax residency anchors through a Liechtenstein trust for 10k a month for at least 12 months (minimum for residency requirements) or live in Montenegro for cheap which taxes offshore income at 0%
>>536698582>japenis
>>536702957Yes but no. The bubble burst because of extreme appreciation of yen against the usd and other currencies in a short amount of time due to the plaza accord. If the yen doesn't appreciate, discount rate can be applied continuously and asset price will keep climbing causing japan to become a global super power as it'll be a self strengthening loop of japanese export coupled with japan buying foreign assets with the money from export. This is what china is exactly doing right now btw.
>>536697153We are going to see a global housing crash aren't we?
>>536703513The yen was depreciating already before the plaza accords were held and actually took effect the following year.Stop trying to use the plaza accord to avoid full responsibility for your economic woes.
>>536697153Goddamn. Wow. I have zero idea what any of this means. Anons try to explain it and it goes right through the swiss cheese holes in my brain. Those explanations are probably wrong anyways. I doubt most people here really understand this stuff better than I do. So it's for the best if they don't stick. Can't wait to see what happens though (nothing ever does)
>>536703674Which is why the plaza accord was proposed my guy. Yen depreciating is HORRIBLE for the USA and other countries due to the extreme trade imbalance. Yen appreciating to 200 was the trigger which caused the bubble to pop since people would rather hold cash than use it to oil the economic machine.
>>536703674lmao retard mutt
>>536703990120*, before the plaza accord was sign, USDJPY was 200.
>>536703899interest rates go up = central government trying to pressurize debt creation to slow it down (too bad boomers and their ilk are addicted to debt more than they can chew because they love their exotic pets)
>>536703990>>536704033January of 1985 was the last time the Yen reached its height.Now tell me when the Plaza Accords took place and when the agreement went into full effect.No need to apologize. I already know I'm right.
>>536704137Are you that stupid to understand that plaza accord was signed to APPRECIATE the yen and DEPRECIATE the usd? You do realize that USDJPY 200 -> 120 means the yen gets STRONGER against the usd?
Didnt they increase the aoc? it's clear japan is a colony of usa and doesn't want to exist in the future or they wouldnt have done that.
>>536703588affordable housing oh no the horror!
>>536704137maths isn't a strongsuit for mutts huh>260 is biggest number so that means it's when the yen was the strongest!keklmao
>>536704216You're totally missing my point. Your bubble had already burst and your economy and currency was already fucked well before you had to attend the plaza accords.Stop trying to blame the U.S. for your bubble popping. We didn't build your bubble to begin with nor did we pop it.
>>536704301Insinuating that I'm dumb when you can't neither read my text nor a chart properly? You're the idiot here. I rest my case.
>>536704334The meeting to finalize it was in january my guy
>>536704421nah, you're the only one here who can't read charts, or do math, you're retarded mutt boy
>>536704513Might want to recheck your dates.
Lol. A few heart attack attempts just the other day24/7 and suicide programmingstop saying its over
>>536697908that sonic boom
>>536704608>baseless insults, no retort.Insecurity or immaturity or both? Perhaps you'll learn to accept when you're wrong and embrace new knowledge instead of throwing insults like a child.
>>536697153At what point do they just let the debt clear and let interest rates and their economy heal? Hasn't it been 30 years of this shit? Their inflation is so bad that they have American nigger tourists now..Think about it, it's cheap enough for EBT people to go there on vacation...
>>536704691ironic
>>536704616scroll down a bit my guy and you might read what I wrote and understand it. After it was made public the usd immediately depreciates against other currencies and you think the meeting has no bearing on it?I usually refrain from calling names online but I fear >>536704608 might be correct.
>>536704752You can deflect and cling to denial as I understand this is not a good look for your country but people are free to look at the date in the chart posted >>536704137 and look up when the Plaza Accords took place >>536704616 and come to their own conclusion.As much as you like to find a scapegoat, the U.S. did not build Japan's bubble nor did we pop it causing Japan to enter into the lost decades.
>>536704969Chart is consolidated by month due to the long time span my guy, it tracks with how the yen raises rapidly after the accord was signed. You seem to not understand how charts work and seems like arguing further point is wasted on you. Good on you if you're so inclined to believe that USA didn't cause japan to stifle their growth even though the content of the plaza accord literally said so.
yep, yen carry trade will unwind and unravel the global financial scam
>>536697153kakeru long and winding road
>>536702451majority of the board doesn't even understand why japan raising rates is bad. look at all the retards devolving into social issues discussions.just need to wait and see if they capitulate when the world starts falling apart
>>536704969u realize markets operate in a forward looking way and act upon rumors and inside info right? u guys totally popped their bubble lol
>>536707081Yes and no, does the plaza accord have contribution towards japan's economy tanking? Yes. Is it the only contribution? No. The fact is, japanese corporation has bought up lands because japanese companies are anti selling stocks. This makes real estate the only venue they can grow their capital. This makes real estate reflect stock market behavior. Since real estate is a limited asset, this is not good and can cause a financial crisis unlike stock which are technically unlimited resource. Coupled with the fact that japan was moving away from zaibatsu economy, the very same economic model that causes the entirety of south korea to be controlled by 4 corporations, and BOJ's mishandling of the situation, it causes the bubble to burst.Actually you can see this being mirrored 1:1 by china's economy down to the pegged CNY to the USD. The only difference is that china have more power than japan to defy the usa which is why china's bubble will not be bursting any time soon.
>>536697153You should worry about your own country rather than Japan.Since the won has weakened to levels comparable to the Asian financial crisis, you’d be better off arranging a currency swap with a currency that’s considered reliable.
>>536697153ayo dis nigga look lyk he about to invent wypipo
>>536697220It's all the fault of the zainichi koreans, when they get deported Japanese economy will boom up like crazy. I know because Yomiuri Shimbun told me so
>>536701266It's fucking usury. Usury is jewish cancer. Nothing can survive it.>>536697421Childless roastie hag, probably the office bicycle, why did anyone vote her in again?
>>536714281She's stupid enough to fight with China.
>>536697220printing money to fund yuri anime
>>536697878>If Sato decided one day to get on demon time and sell all their US debtBut Japan did. Japan offloaded nearly $100B in US bonds in order to alleviate the falling Yen. Little good that did, because in 2 months, it went back to 1 USD = 160 Yen again. And Japan might do another currency intervention.>>536697986China was. Ignore your other reply. China was the biggest debt holder of the US in 2008, since they were one of the few nations unaffected by the US housing bubble crisis, with no economic contraction. But ever since the US started using sanctions on countries, China thought the same thing could happen to them, and has since halved their US debt holdings in the past 10 years.
