>>537983062Shinzo Abe.He was a really really excellent leader.R.I.P.
>>5379830627% of japans GDP comes from tourism japan is a slut that sells its body (culture) for money and without tourism its economy would be completely stagnant
>>537983062Thirteen years have passed since the start of the Abe administration.During that period, inflation rose 1.5-fold, and the Nikkei Stock Average increased 7.2-fold.
>>537983275>7% of japans GDP comes from tourism2%. Don't tell a lie.
>>537983062They are seriously really killing it with technology, robotics and chips. Looking at this chart then Chinas chart just makes me smile.
>>537983275It's even better because it feels like I'm robbing the Japs blind when I buy shit in USD
>>537983062It’s because Japan wasn’t colonized and their elites did not betray their peasants like what happened to most of Asia. Nips were also jealous of everybody and committed heavily to producing an educated population that could steal, maintain and build upon western technologies. After ww2 most of the smart guys were still there and America funded their rebuilding of their economy
>good economy>great infrastructures>no immigration>good soft power>still not breedingwhy?
>>537983751The US officially occupied Japan post-WW2 and that hasn't stopped. JP policy is dictated by the US. The JP Central Bank is dictated by the US central bank. The politicians to run the country post-WW2 was dictated by the US. If the US hadn't done that last part then Abe might not have caught a bullet for the sins of the father
>>537983628The idea that a stronger currency is better is held by resource-rich nations.Since Japan must import both fuel and food, it does not desire an exchange rate that disadvantages exports. A rate that is neither too high nor too low is best.
>>537984080Yeah except for that part where the JPY is in a death slide. Your currency has been completely debased by foreign investors taking your country's future and given to the Chinese, Vietnamese, etc. And you can thank the US Central Bank. I expect nothing different from Japs though. Your subservience even in the face of your own destruction is admirable I guess?
>>537983062The Nikkei spike is a massive illusion built on printing presses. Look at JPY/USD sitting at 161.7The current mess is the direct hangover of Abenomics, where Japan spent over 8 years intentionally destroying the Yen to buy export competitiveness. Now that the massive Yen deluge has triggered an uncontrollable currency crash, the BOJ panickily hiked the policy rate to 1.0%. But guess what? It’s completely useless because the interest rate gap with the US is still a massive canyon lolEven funnier, as investors dumped bonds after the hike, the BOJ secretly turned the printing presses back to full throttle to buy them all up and stop yields from exploding. They are raising rates with their left hand while printing infinite Yen with their right. Paradoxically, their move to save the Yen became a total comedy that actually pushed the exchange rate even higher lmaoJapan is literally trapped in a quagmire where they can neither move forward nor back.
>>537984310To say in another words, Japan's economic stagnation from 1990 to 2010 was caused by the Japanese Yen being too strong.
>>537984383>Korean faggot We don't care about the opinion of yellow who don't know how to play football and have lost to fucking nigers from South Africa
>>537983062Unironically importing Indians
>>537983751>their elites did not betray their peasantswrong
>>537984388Not at all. I'm saying globalism has made Japan a net loser. The US deliberately set you up for failure. The JPY carry trade is essentially American credit investors taking your future hope and sending it to other countries like China. It's no coincidence that Japan hasn't flourished while China has. You can see this post-WW2, Plaza Accords in the 80s and even today when the US Central Bank is trying to force the JP Central Bank to not raise interest rates. But what choice do you guys have now? A liquidity trap has been created around you
>>537984383This, but why is ours tanking as well?
>>537983804overpopulated as is, perhaps
Japan is a vassal state to the S&P 500.
>>537984383>>537984935Because unless you want to invest in South Samsung your only other option is to look elsewhere (the US)
daily reminder that the wealthiest 10% own 93% of stocks the game is rigged
>>537983062After the war the US wanted Japan to become a capitalist powerhouse as quickly as possible to provide a capitalist/democratic stronghold against USSR in the pacific. US military sent in officers with business/industry experience to restart and reorganize Japanese factories.This is primarily why a lot of Japanese companies still have their employees stand at attention, sing the company song and raise the company flag every morning. It's a very militaristic system introduced by the US army.Under capitalism, the Japanese work ethic and creativity was unleashed to a very high degree. They channeled their energies into economic activity.
>>537983804Men got massively feminized
>>537984457Don't care then lol It’s not like your attention is going to magically fix Japan's unfixable anyway lolSince the BOJ is forced to print infinite Yen to buy up their own government debt, the market will keep dumping the Yen. 161.7 is just the beginningBut if they stop printing and let interest rates rise to save the Yen, the interest on their $10T national debt explodes, triggering an instant sovereign default.There is only one solution, but since it is impossible in a country where 40% of the population is over 60, I will not mention it lol
>>537983804Happens to all cultures that get too rich.Kids get in the way of more money/hobbies or to put it more directly "me".
