Japan’s Massive Money Experiment Is Over. Now What?

thank you ASIAN BOSS!

Usa financial crisis is coming. Remember year 2000 and year 2008?

Not sure that the future generations paying down that $8 trillion in debt will share your perspective...

I say i'm from Argentina 🇦🇷

@business higher energy costs due to the Russian invasion! Not the Ukrainian war…

Right? I'm sitting here wondering what's the upside? Like great, now since mortgages are going up housing speculation can start again? Oh sweet, pensioners who've been stable on their income for the last 30 years are going to have to tighten their belts and adjust their spending again? The employees outside of the trade unions who don't see a 6% raise are going to struggle to finding housing and food? Wow what a dream! At least those with numbers can see those numbers go up.

@@ryanfeldpausch858 Japan's debt is more than twice its GDP. The pensioners who have been living on that same income for 30 years did it at the expense of future generations. It's exactly what we were doing in Argentina in the 90s: we had a fixed value currency (1 peso = 1 USD) but to maintain that rate we kept borrowing and borrowing until no one wanted to lend us anymore. Japan just managed to do it for 30 years, and now they're paying the consequences (or rather, their kids).

​@@drgenio2006 What kids?

@@ryanfeldpausch858 The upside is Japanese people now have greater purchasing power globally. People come to Japan to enjoy the extremely cheap food and services with their way stronger currencies. What can the Japanese do with their weak currency outside of Japan? They basically sacrificed the growth of the economy for younger people to sustain the lifestyles of older people.

@@sablesoul Perhaps not unrelated to what you said, the Japanese have less and less interest in going abroad anyway. So the yen being stronger is not such a boon compared to for example Europeans/Americans using their currency abroad.

Japan has highest suicide rate, dont equate your expat life with the average population's life..

And living with 10 trillion USD of debt.

We are talking about the geopolitics here, not philosophy

@@tatsumasa6332 lol and you don't mention the debt of Japan. You are extremely biased.

@@HermanWillems
That's what I was saying; we live with 10 tril USD of debt here in this country.

Exactly. Japan has done very well.

@@TheBoobanJapanese salaries have stagnated for the past 30 years and are now on par with Italy's when in 1990 they were higher than American ones.

@@Dendarang so like the Italians must be really enjoying their high wages. Someone should tell them they are rich.

It's mostly an economic game to play with the numbers to infer the image of a middle class more then actually supporting a middle class.
So I can guess that with the recent events causing the middle class to see beyond the image presented the government of japan is now keen to shift the model the image is based on to then re-present it back to the public to regain the image of the status quo.

@@flackstar007 and how is the middle class doing in the west? Just amazing we all so critical of Japans stagnation policies when the west has undergone economic decline for the last 30 years. Japan is no fool. They are long term and know what they are doing.

And all the people shown at 8:36 who actually made the video!

​@@kurtkobain7445 We cannot forget them.

my econ teacher lost me at supply and demand... that was at the very start of the year

@@takbirgurung6146who?

Godzilla Minus One😊

Yes. Very poor choice of words.

"The economy after WW2 was explosive."

Like they didn't deserve it.

I DID almost lose a mouthful of coffee
this is like the time a local politician for me, in a photo op standing next to a couple of disabled ladies in wheelchairs said "we all stand together for the rights of disabled people."

It’s insane they never mentioned the Plaza Accord of 1985! It was a key factor in the bubble era

I wonder where 'Bloomberg' is located and why they would have an active interest in not mentioning the economic war the US waged against its biggest rival of the 80s.

I knew there just had to be propaganda somewhere in the video, so thanks for confirming it

@@dishboy14 You say it was a key factor in Japan's bubble (and subsequent stagnation), but then why didn't the same thing happen in France, Germany, or the UK? The Plaza Accord was between the US, UK, Germany, France, and Japan with the aim of depreciating the US Dollar relative to all of their respective currencies. Why didn't Germany stagnate, but Japan did?

I got the vibe that they were just trying to get to today rather than explain why things were the way they were

It means being rich. Until that happens you continue to grow.
Not the same thing as stagnation where everyone feels “comfortable” but in reality they’re accumulating a massive debt. Like current Japan.

Though those that can, move very far south for higher wages and quality of life

Easy to say it on borrowed money.

@@Blackwingsss to who though? yes, it's their central bank but they just created the money out of thin air so it is literally no different than me printing monopoly money, tell you it has purchasing power, and then handing it over to you in exchange for interesting using the money I just created as payment--yet there is literally not enough money in existence to payoff both the principal and interest owed (unless you have negative interest rates). What I'm trying to say is this debt (as well as the US debt) is not just fictitious, but one of the greatest fraud schemes of all time.

Until you start to stagnate and your future generations have to pay your debts

We're not disappointed at all.

@@RikerLovesWorf who asked?

@@tfok.9789 You by making a very strange statement about a people you dont know lol

⁠​⁠​⁠​⁠@@itsmederek1
It seems that you also made the same mistake by making a statement about people you don’t know.

@@wellytms4713 It seemed like you have done the same

look up a video called 'inflation explained in 6 minutes'

Sou BR vivendo no Japão e é simplesmente assombroso o poder de compra aqui. Sou peão de fábrica e sim, trabalho muitas horas, mas consigo comprar um iPhone 15 Pro Max de 512GB em menos de 2 meses se eu quisesse. Isso ainda depois de pagar todas as contas, impostos, e valores escondidos que a empreiteira pega de nós.
¥10000 que é +- 1 dia de trabalho compra tanta coisa no mercado que algumas coisas até acabam vencendo pq não consigo consumir tudo sozinho.
Pra se ter uma ideia, aqui da pra se comprar um kei usado (carro barato e pequeno, porém econômico e prático) por um preço menor do que o iPhone mencionado acima.

@@fluttzkrieg4392 provavelmente por que os carros Kei sao construido no Japao enquanto os iPhones sao importados, voce paga mais por que esse e o mesmo custo do pais de origem do produto.

For the world having no inflation, money will not flow in the economic system. There’s no pulling for the money to the pool.

@@yhsun4796 As the productivy increases, so does the value of the currency, if you get 0% inf that means that you're redistributing some of the value across a range of population or you're using it for another purposes, there's no sense in beliving that 0% inf is bad.

If their economy is so strong why do they have 260% of their GDP in debt?

@@drgenio2006 You can have both debt and strong economy, they are not mutually exclusive.

@@nakoamechi yeah paying interest on that debt effect your economy

sad world we live in@@nakoamechi

@@noahsanchez5329 just print more lol

Yes it is bad cuz your debt to GDP ratio increases

Maybe we shouldn’t be putting ourselves in debt then?

Last I've heard, wages are going up in the US.

@@fly463 Maybe don't take debt .. ?

@@BlackDragon-tf6rv that's the point. It's exactly what Argentina did in the 90s. we kept our currency strong by just taking loans and backing it with dollars. at one point it all crashed because we couldn't pay. Japan is just able to keep taking more debt.

It is, they are hyping up greater costs which hurts consumers in the long run, and making it seem like their economy is now on track to somewhere better. More like its heading downwards again.

I would care too much about it if my salary kept up with the inflation...

Imagine if Bloomberg was honest and said it outright: inflation is theft.

@@TalEdds the old man in the video summed it perfectly: they will be better for now, but they may be a lot worse in 10 years

Yes its dumb, all it is is hiding that they are stealing from us, like how Rome shaved off gold on the coins, no difference

The crisis and aftermath of covid is a huge factor tho

@@wile123456The covid crisis is a storm in a glass of water compared to the Plaza Accord.

if you have to add the plaza accord then you have to add in the corrupt stock market deals and corruption at all levels of govt that caused the bubble to begin with

As expected, the western media are all part of the banking dynasty. Why would they make them look bad? 30 years had passed and only the Japanese can tell what's the social economy impact they faced. The young people around the world would probably didn't know about the event unless they do a research on Japan lost decades

@@DBGE001?

260% debt to GDP ratio dude. They're living on borrowed money.

@@drgenio2006 What about the US? How is it any better?

@@TalEdds whataboutisms make you lose the argument immediately

@@TalEdds124.3%. Yes it is better

Lol, what?!

Salaries in Japan are also very low. So there is that.

@@HermanWillems median income exceeds that of Germany and the UK, it's not even low for a developed country

@@kagakai7729 i thought minimum salary is 7.5$ per hour in japan and in germany is like 12 euros

@@ervinmemeti6148 minimum wage is generally considered to be a less effective measurement of income than income itself.

If you compare with USD def cheaper, but the salaries were low too. Now that we will see positive inflation, there will be rise in prices but for local companies and their employees, the wages would remain almost same.

Japan is like the king of smart long term decisions.

@@TheBooban like heavily restricting immigration for more than half a century and counting?

@@TheBoobanthe way they burst realty bubble caused stagnation for decades 😭

@@kageyamareijikun yes. I think most of us in the west admire Japan for this. Which is weird. Because practically everyone kept their borders except the west.

@@randomdibwbdkc stagnation better than decline as we got in the west.

not gonna happen

rent is not inflation. rent is cheap in japan because they maintain a steady supply of housing. inflation is a whole other subject.

@@magicjuand Rent IS calculated in inflation, at least in the USA it is. Its not even true rent, its owners equivalent rent which understates actual rent costs.

@@Justin-pt2dq when your population is declining and your housing supply is increasing, i'd beg to differ

@@electrictutorial1 Lower population means fewer tenants, real estates(which are the supporting actor of nation economy) will not be happy, hence higher rent. Never trust capitalism to be reasonable and compassionate.

But your salary also stays the same. I rather live in my country where my salary grows faster than inflation. :)

@@HermanWillems What country is that? Certainly not the US.

@@HermanWillems If you're not the boss, your salary is decided by someone else, and it will likely not grow faster than inflation. Higher labor cost increases inflation. To freeze inflation, all costs must freeze.

@@HermanWillemsThis doesn't exist

@@HermanWillems As long as my salary allows me to pay my expenses and have a little extra for emergencies, I dont care. I dont want to be super rich or millionaire I just want to live a life with no worries in exchange of a full time job. Not a life of misery while being on a full time job.

Could you please say more. I am intrigued with this definition and want to go a bit deep if you are open.

@@FromBharatLens Read/search: "Inflation and the Redistribution of Nominal Wealth"

In reality it's the opposite.

​@@kcufhctib204 any sources/explanations?

It's a wealth transfer to the government and bankers from everyone else. Asset holders break even at best. The gov/bankers get to spend their newly created currency and current prices but once that money goes into circulation prices go up. Inflation is not prices going up, the rise in prices is a side effect from the money creation (which is what inflation is.)

don't expect much from media owned by rich people

They raised rates for the first time 2007. That wasn't even 2008.

They're not at 0 they're 0.1

'non-event" buddy they are at 300% debt to GDP. The yen is a dead man walking, along with most other fiat currencies around the world.

you trippin bro? or are you crying that the negative carry is no longer attractive?

@@Shrouded_reaperYes, cyrpto is known for being super stable!

The video is explaining what the Bank of Japan is doing, why, and interviewing Japanese people about what they think. How is this pushing Japan to accept a "western concept"? No one is forcing the Bank of Japan to pursue these monetary policies, they are doing so of their own accord. The video explains how the Bank of Japan invented various policies that haven't been tried by other nations as well.

Exactly!

It's about wealth and power for the government and elites. They play the long game of taking 2% of your wealth every year through inflation. They don't care about what is best for you. It's what is best for them.

The very purpose of institutions like Bloomberg is to relabel a wrong to justify the crimes of financial institutions; all in the face of your intuition to makes you realize it's obviously wrong. Of course that should be the goal, and anything but that is an arbitrary theft.
Yes theft. When inflation goes up, corporations get to raise prices and erase their debts. That decreases the value of currency, and makes your wage less effective. The corporations get to steal directly from your pocket via the fiat currency (any currency with a built in inflationary aspect) without ever having to actually take money from you. It's genius but should make any decent person sick once they understand the concept.
It's government sponsored theft occurring in nearly every nation in the world for the exact purpose of control and benefitting corporations. It is the most prevalent corruption problem of the 21st century. It's anti-human in the very concept.
The fact that Bloomberg and others peddle this disgusting propaganda should show you exactly what they think of their victims and who their aligned with.

It's not possible in a capitalist world. Realistically the yen should have been increasing in value in relation to usd etc because everything in Japan is the same price meanwhile you need 20 dollars for a plate of food when it used to be 10. But it's not gone that way. Corporations want to be greedy they want a bigger share and to sell everything for disgustingly high prices while barely raising wages. 50k used to bring true stability a home and a family and its now a low class wage in most major cities. Inflation is incredibly convenient for corporations to cut true wages. Look at Canada where a basic family home is a million dollars and your quite lucky to find a job paying over 100k 😅
We're all ending up poorer while rich people afford insane things they never could have I'm the 1960s it is not normal to own massive private ships and jet liners with enough money to solve entire world problems

Well see, rich people weren't getting MORE money. They want what YOU own too. Everything wasn't enough for them, they wanted more.

Bingo!

Oh yeah it's definitely some papers and not as severe demographic crisis and a cancerous work culture that prevents its population from starting families.

It exelerated the consumer market in japan leading to massive profits for everyone

Japan's stagnation is a result of other internal factors as well as china's rise as a cheaper alternative

Someone finally said it. MSM would never say it.

Unless heavy automation is in place to make Japanese more efficient, thus increasing their median income.

Less workers means more demand and better wages. Stop believing this stuff the media is peddling. Not changing for 30 years is much better than the economic destruction the rest of us have gone through during this time.

@@saltymonke3682 Long term this leads to a population of robots.

​@@saltymonke3682automation only increases productivity but what about consumption? Without population increases there won't be any consumption increases.
Also productivity and income don't go hand in hand especially since 1970's

Actually its: Less people cause less demand for products while production remains the same or doesn't fall enough.

不过相对其他还在增长经济的国家购买力是下降的😂

@@user-hc5cg3jc3i Don’t get tricked by the allure of raw economic growth. A major influence on raw economic growth is population growth. What you want to look at to see if a country is headed in the right direction is GDP Per Capita PPP. Japan is on a nice and steady upwards trajectory with no massive bust cycles since the early 90s. The average working person should not want inflation, it is a devourer of quality of life for the normal person and an accelerator of wealth for those who already have lots of assets.

GDP per capita, PPP has grown for all the developed countries, not just Japan. Japan's growth lags that of the OECD so this metric you're citing only further illustrates Japan's stagnation.

Yes and it's one of the best with quality 2 so it's crazy

@@roomie4rent Venezuela was once a developed nation and now it is clearly not so your statement is factually untrue.

agree
inflation is theft. fiat money is slavery without the chains.

Low inflation is necessary, as it provides incentive for ppl to spend, also a government needs to print money sometimes to help stimulate the economy so inflation isnt bad if healthy

@@kolbymack2941 this is only true in a fiat monetary systems.
it is also an elegant lie to mask the fact that the government pillages from its citizens.
any inflation is theft - plan and simple.

Debt is what makes economies grow, and for that to work in a circular economy you need moderate inflation, if you could only spend what you earn then you would be outpaced in productivity by your neighbors.

you have a reverse robinhood system

I think you're forgetting that there was a huge spike in worker layoffs after the property crash in 1990, which left many older Japanese men homeless for the first time. These people had worked all their lives, but were now living in tents beneath concrete elevated highways. I saw it many times on the news. This had never happened before in post war Japan. So it is not correct to think of Japan as being immune from the ills of other highly developed countries.

@@richardconway6425how many were there? 10?

and they also hunting Black ppl in the US we need a way to get out of here maybe we can move to Japan and boost their economy

Ohhh the poor USA with all their millionaires and billionaires. Someone please help 😂

It's the worst scenario for banks = rulers of the world. This is the situation where they cannot take away your house, your company, your land... when the economy is stable, when loan interests are low, when you know that you are in position to pay monthly rate, when there is no murky waters, then there is no room for speculation

​@@sony.aBoohoo, poor banks 😢

What you need to do is ~
increase consumption ➡️ increase demand ➡️ increase inflation ➡️ increase salaries ➡️ increased production ➡️ then increase consumption again...

The video said that wages were rising again.

@@henrygonzales9666 based and landpilled

Yes. That is an excellent video that should alert investors to Japan the problems they are marrying themselves to.

Great documentary, thanks for that America.

it's more like the government was going to step in if the boj didn't do anything, so the boj took the hint and did it first.

Here in Japan, we can literally get a loan from bank @ -10% interest rate,
Means we get money from bank against loan

@@SnackFix_CornDog_BurnsRoad here in japan, where i actually live, no you in fact cannot.

@@electrictutorial1 are you Japanese?
Hello my dear courty fellow.
Mee how, chemong, shom shom, chengruba ,

@@SnackFix_CornDog_BurnsRoad cool racism bro

Cuz that was not the real problem.
This was going to happen anyway as you can see it happening in China in real time.
🌟 Deflation 🌟
Caused by weak internal demand

Germany signed the Plaza Accord. Why is their economy thriving? China didn't sign the Plaza Accord, why is their economy crashing?
And you, not a word of japan's debt to GDP ratio, Nice!

@@drgenio2006 I am not the one broadcating the analysis! Just highlighting how such a significant non-regular event didn't even get a mention! I am not commenting on video about Japanese cuisine or art of mending broken pottery, where it would be of no consequence and relevance.
You may have read that way but I didn't suggest that was the only reason. There's never 'the reason' for events of this scale and timeline.

@@drgenio2006 Germany had the EU hinterland to export their products and invest into. Japan had.. lol. Why do you think China has - over the past decade - helped ASEAN grow rapidly? Win-win.

​@@drgenio2006collective west is waging economic war on China openly

rawer than raw?

@@catholiccowboy rawer than processed

in other words, is Japan doomed to impoverishment and even extinction, and at best to be occupied by China?

WHat they can do is start making money from music sales and concerts if they let Black Ameriacns in the country to live with housing provided. Look how much money we make tjhe record labels in our country USA. It would help us too cuz we are being hunted by the police they are trying to terminate our population so we can move over there

@@catholiccowboy raw...dogging?

Dont let the top 5% hear this they will complain at you for not giving 200% at minimum wage work....

Zimbabwe & Venezuela too

​@@Kni0002 Hungry too
They had the worst hyperinflation in history

Which famous economist said that again? Really rings a bell

4 - Turkey
Our economy is being ruled by a man with dementia

4
-developed
-developing
-Argentina
-Japan

Forcing the companies to raise wage might only result them to move to other countries instead like what has happened to USA

@@user-gs6xl4wu6u the laws are just way too relaxed, if minimum wage doesn't keep pace with inflation then that would just be inflation of cost and deflation of wages which would have all the smart people move to where all the money...
Corporations would move out anyway, you might as well separate the wheat from the chaff.

Have a look at the documentary: Princes of the Yen.
Also see what the term: "window guidance" means.

The rest of us are hurting. Japan has done well.

I love when the minimum wage increases, and then they increase prices for all necessary services on the same day like electricity, water, phone bills, bus tickets. Suddenly the wage increase for 1 person is less than the added expenses for everything else.

Yeah this is another depressing video. A country with decades of stability for the average citizen will now suffer from the same ill any developed economy is suffering: wages not keeping up with inflation. But yay, japan is now more attractive for investors!

Inflation also helps the average citizen because it makes their debt cheaper. The big losers of inflation are (wealthy) creditors who get paid back money that is now worth less.

Aren't labor unions becoming more prominent, though? Surely they would help with salary increases in tune w prices?

​@cameron never has just adds more pockets to pay and idiots to run jobs off schyuder9034

Most of the companies in Japan decide salary raise in April, so there is a lag between the inflation and salary raise. The salary increase rate is record high next fiscal year. Also it’s not just the perspective of consumers that BOJ has as weak yen entices investment from abroad. I believe Yen has been too strong after plaza accord.

Because inflation is a holy sacrament in their international finance religion.

typical western stigma... I am surprised why you are surprised!!

means the financial sector can start skimming more value off the economy

That doesn’t surprise me. They don’t want to increase salaries in my country either, despite chicken costing so much you can’t even realistically eat it for more than once a week.

Inflation is a wealth transfer from the poor (cash holder) to the rich (asset holder).
All small inflation does is hide bad companies by allowing them to lower your real wage without you noticing.

So the average workers' salary can be said to be directly linked to national inflation...

A small amount of inflation is healthy.....so deflation would be bad then....gtfoh

@@markushaahr9194huh? Aren’t you Danish?

Which news outlets are honest according to you?

daily wire is one of them, maybe i dont get to remember them from the top of my head right now but i will say this, i look at the story, i analyse the info, i think what is this about, who benefits even in the slightest on the narrative or what narrative is it trying to suppress and then i decide who is and what is what. Most people and me included for years until past the age of 20, thought that all news are true and that the news cannot lie. Now i developed a critical thinking attern of dealing with the news. i think that you get far more thruthful information from social media posts than on actual news channels, because the info is raw and unaltered.@@CvnDqnrU

@@CvnDqnrU the ones that confirm his biases

That's because they want to win competitive with monetary tricks
Not honest work

Japan isn’t a developing economy, it’s literally the third largest in the world

@@elarmino6590 its because inflation is a sign that people are contributing to the economy. deflation means people arent buying things which means their lives are getting worse and the government is not making tax money. big inflation is uncontrollable, small inflation is easy to manage. developed economies dont want chaos, but developing economies dont have tight control anyways, high inflation is unlikely given how informal everything is and theyd rather have the cash to buy international bonds and currencies.

​@@elarmino6590wow bro you definitely understand how economics work

@@elbozo5723 5th after end of 2023. Maybe this is one of the many reasons why BOJ is end 0.1% etc.

The only drawback is a lot of the imported stuff coming from outside Japan becomes very expensive. Everything else produced in Japan like food and local products will be inexpensive. For example, a Hollywood film on Blu-ray will be a $50 for a disc in Japan compared to $10 in US. American beef is expensive, etc.

Inevitable. Japan would be like Spain or Greece, only happier for tourists.

please stop watching hentai

Japanese government not only can't pay off their foreign debt, but are becoming even more in debt because they're not getting more money from people to compensate for other countries' inflations. Governments get their money from civilians and companies alike; unfortunate that they're increasing inflation for everyone and not just increasing taxes on the growing car business companies.

Wait isn’t there a housing debt crisis in China?

China is going to have this same issue now what Japan is having.

@@HermanWillems
You are just biased with no real knowledge of economics.
Japans per capita income is 3 times of China.
Chinese manufacturing are cheap and attractive.
Look at its EV.

That is a crazy stat that I’ve seen nowhere. Japan is near the bottom of every metric in the G7

Do you have sources for this??

@@xXxUrbanNinjaxXx he has a crypto as pfp what do you think?

Maybe Argentina should try manufacturing literally anything lol. Their biggest exports are meat, meat, and more meat. Not exactly lucrative in a technologically-centered world.

@@kgpz100 exactly. The world economies have evolved past raw goods, and a lot of the underdeveloped world is still slow to pick up on that. Also there won't be much faith in the economy when you only produce t-bones.

@@kgpz100 That has zero correlation to inflation.

@@jkbbumblebee China should be on that list, but politically are not aligned to G7. India, Australia, Russia, South Korea and Indonesia aren't anything to scoff at either, being G20 countries.

@@jkbbumblebee I was looking at this in terms of economic strength, but fair point

i was told the governments couldn't do that. I was told the market was in control of a countrys interest rate. I was told thats why Japan and the US would soon default of face hyperinflation

I wonder if they have a meaningful long term policy to decrease their debt burden. I know that JICA and international development loans are a part of that, but are those enough? Are the interest payments of the japanese government decreasing year on year?

@@oadka their strategy is just to buy out their national debt. I think they bought out half of it already

it's got many definitions, but it's actually an increase in the money supply, the rest are just symptoms, like the decrease in value.

Incorrect, a lot of people are talking about it.

But if they had a lot of foreign imported goods, then someone has to eat the prices if there was no inflation in Japan, but everyone else marked up their prices.

yup, every day prices here has been roughly the same for a very long time.

and yet, people still had homes and food on the table. In the US, we have homeless increase and people use buy now pay later to buy food!

isn't it better this way?
at least the Price won't budge and neither is your Salaries, therefore everything is predictable.
rather than keep encouraging taking out debt, and trying to grow at all cost, throwing money to the next bubble.
yes, they probably won't be able to catch up to the US, but why would they?
unnecessary growth leads to inequality and homelessness,
especially like in the US where only the Monolithic companies could survive,
other type of Companies will be either killed or absorbed, killing the diversity.
and it allow everything, from houses to land to be owned by corporation

That’s rather shocking to me, because Japan still wasn’t as cheap as I expected on my trip. Prices must’ve been very expensive for tourists 30 years ago.

​@@FishmansPrices in Ginza aren't representative for the whole country.

why are they even facing deflation with their debt to gdp at 300% shouldnt they be facing hyperinflation?

@@grimaffiliations3671 Japan has the largest assets in the world. It is important to note that Japan’s debt and assets are well balanced.

100% agree, Japan needs to change it's cultural aversion to immigration, or it will continue to slowly deflate away.

In addition to demographics, politicians in Japan are terribly worst in developed countries which affect badly Japanese economy.
If things continue this way, Japan will really cease to exist as Elon said.

@@tjunglec the problem is that you cannot just open the flood gates and expect the same quality people.

The old, tired mantra of immigration will solve all problems.

@@tjunglec Going very well for us here in the US, we now have people openly mocking us and draining money from the government to send back home.

No that's how capitalism works, the rich gets richer

That's not the reason. You think companies weren't greedy in the 80's?

we are on the way to the golden billion why the elites want more people if they can replace them with robots

Have a look at the documentary: Princes of the Yen.
Also see what the term: "window guidance" means.

@@victoneterthat greed worked well back then, now isn't the case

Because it also means that people are holding on to their money and are afraid to spend. Basically the economy slows/stops growing. Things get cheaper not because they find better more efficient ways to make the product, but because they need to simply sell the product to stay afloat.

@@LeeroyFan101 When demand is met it tends to happen....Why run the economy hot just to bring up cost & waste resources when you can let the resources pile up for more cost efficient developement?
Reckless spending pushes the market up unnecessarily. Their is no benefits for society when inflation happens..only to bailout greedy & reckless owners from their loans...dont bite more than you can chew...take your L...

​@@LeeroyFan101 The economy does not stop growing during deflationary businesses...it squeezes out all the uneeeded businesses...natural economic dwarnism...
"Things get cheaper not because they find better more efficient ways to make the product, but because they need to simply sell the product to stay afloat."
sounds like a lack of demand...does not give you a reason to print trillions for a bailout...you just have an unwanted product...fail like you should...

Experiments in economics. Not nuclear bombs. Well, that’s what I think you were referring to. Or?

LOL hey man that’s funny

@@TheBoobanjust curious what country you come from where you don’t have puns

i was confused too lol which ground 0

Tom clancy mentions Japan's role for the 9/11 demolition for financial interest. Ground zero is another word for the demolition and tom clancy even prediction of covid 19 were accurate too.

How you get such access?