Economy Japan slips into a recession and loses its spot as the world’s third-largest economy

[Richmma80]

They actually teach race and IQ differences in Japan, which is why they're very restrictive about immigration. Safest country in the world and they want to keep it that way.

 

[Tatra]

Surely not a work-driven ethnostate would have economic woes.

Britain's economy is in the gutter despite allowing migrants to flood in you absolute moron. You are an expert in failing.

 

[Tatra]

Conservatives live rent free in his head.

It's amazing how many libs behave like right-wingers pretending to be libs to make libs look bad. But no, the libs are genuinely that stupid and cringeworthy. See above.

 

[Tatra]

this is how anti-immigration racism literally kills you

LOL it's genuinely amazing just how fucking dumb you people are. It "literally" doesn't kill you. It "literally" prevents your country from being transformed into a third world dump. Britain's economy is a mess despite taking in huge amounts of migrants.

Having a 0.3% drop in GDP is 'killing' them?

Here's the truth, infinite GDP growth is impossible and bolstering it with infinite population growth is unsustainable and ineffective. The UK also had a lot of immigration and it's economy shrank. Canada's economy shrank on a per capital level despite having the most immigration of anyone. These places have worse GDP per capita and more people, causing increase in demand for housing, jobs, food, etc., increased impact on services like healthcare (wait times in Canada and the UK are some of the worst in the world).

What economies should be doing is preparing for stagnation and to shrink gracefully. Shore up any spending inefficiencies, make themselves more attractive for businesses, invest in automation, etc. That's the only sustainable way forward.

Now watch him ignore you or just call you a racist. lol

It's been working for the US for the last 150 years

HAHAHAHAHAAHAHAHHAHAHAHAHAHAHA

They literally do. It's hilarious you thought this was an own.

They "literally" don't. It's hilarious you think they do. But it's impossible trying to reason with you people. You are utterly devoid of sense.

 

[Andy Capp]

if anything, Japan’s very gradual decline just shows that fears of population decline are overstated, and it probably isn’t worth it to import a bunch of rapists just so that they can consume things.

Funny how totally wrong you are while wielding that delightful pissbelt.

Within 5 years, the entirety of the baby boom generation will become senior citizens. And they won't be dying off anytime soon.

 

[EL CORINTHIAN]

Funny how totally wrong you are while wielding that delightful pissbelt.

Within 5 years, the entirety of the baby boom generation will become senior citizens. And they won't be dying off anytime soon.

This reads like you wrote it with a raging hard on.

What is it with leftists and getting turned on at the thought of undermining ethnic homogeneity?

 

[moreorless87]

Good. This retarded rush for constant GDP growth is retarded.

Japan isnt ideal of course but I think its noteble that for a so called "zombie" economy since the 1990 recession it doesnt seem to have had the kind of social impacts we've seen elsewhere in the west. I tend to think that reveals that a lot of talk we get about economics is really based on whether there is profit to be had for vulture capitalists not its broader social impact.

More recently with Abenomics its actually moved more to typical western models and it doesnt seem to have helped very much.

 

[Fox by the Sea]

Japan isnt ideal of course but I think its noteble that for a so called "zombie" economy since the 1990 recession it doesnt seem to have had the kind of social impacts we've seen elsewhere in the west. I tend to think that reveals that a lot of talk we get about economics is really based on whether there is profit to be had for vulture capitalists not its broader social impact.

yeah. a lot of the share of the growth goes to those. i'd rather have lower growth whose impact goes overwhelmingly to the people. if you grow by 10% a year but 99% of that goes to the elite class, it's not a relevant quality of life indicator. a lot of people seem to completely disregard that and just focus on numbers.

 

[moreorless87]

yeah. a lot of the share of the growth goes to those. i'd rather have lower growth whose impact goes overwhelmingly to the people. if you grow by 10% a year but 99% of that goes to the elite class, it's not a relevant quality of life indicator. a lot of people seem to completely disregard that and just focus on numbers.

I think that massively influences what we hear in news media as well and with economics you tend to get even less gainsaying of the status quo than you do with other news, economics is treated as reporting immutable facts not as politics despite it being very much so.

As you say really I think a lot of the negativity around Japan has been that its been a poor source of profit for the investor over the last 30+ years.

 

[Fox by the Sea]

As you say really I think a lot of the negativity around Japan has been that its been a poor source of profit for the investor over the last 30+ years.

An even bigger issue i think is the entrenchment of the idea that profit should be exploitative. Companies over there are profitable, but not in a way that almost conjures up feudalism. Apple couldn't reach those profit margins without people jumping off roofs in despair.

 

[Richard Fannin]

They actually teach race and IQ differences in Japan, which is why they're very restrictive about immigration. Safest country in the world and they want to keep it that way.

Not even top 5
Europe still owns them when it comes to safety

 

[tastaylvr]

They actually teach race and IQ differences in Japan, which is why they're very restrictive about immigration. Safest country in the world and they want to keep it that way.

Why is it always the dumbest people obsessed with race and IQ?

You can't even write legible sentences yet have some ego around IQ. It is truly baffling.

 

[EL CORINTHIAN]

Why is it always the dumbest people obsessed with race and IQ?

You can't even write legible sentences yet have some ego around IQ. It is truly baffling.

Today I learned that the Japanese are dumb.

 

[tastaylvr]

Today I learned that the Japanese are dumb.

huh??

are you really this stupid?

Is that the conclusion you reached after reading my response to his post? what the hell is going on??

They actually teach race and IQ differences in Japan, which is why they're very restrictive about immigration. Safest country in the world and they want to keep it that way.

Why is it always the dumbest people obsessed with race and IQ?

You can't even write legible sentences yet have some ego around IQ. It is truly baffling.

 

[EL CORINTHIAN]

They actually teach race and IQ differences in Japan,

Why is it always the dumbest people obsessed with race and IQ?

Today I learned that the Japanese are dumb.

Is that the conclusion you reached after reading my response to his post?

Yes.

what the hell is going on??

You're dumb. That's what.

 

[tastaylvr]

Yes.



You're dumb. That's what.

Richmma is either a troll or the dumbest person on this forum. Do you actually believe his claim about Japan? It doesn't matter either way in this context though.

My response was obviously directed at him hence calling him stupid. The Japan reference is irrelevant...

 

[Richmma80]

Richmma is either a troll or the dumbest person on this forum. Do you actually believe his claim about Japan? It doesn't matter either way in this context though.

My response was obviously directed at him hence calling him stupid. The Japan reference is irrelevant...

They teach the bell curve and cold winters theory in Japanese universities and other Asian countries

 

[moreorless87]

An even bigger issue i think is the entrenchment of the idea that profit should be exploitative. Companies over there are profitable, but not in a way that almost conjures up feudalism. Apple couldn't reach those profit margins without people jumping off roofs in despair.

I think Japan also shows you the big issue with government debt is HOW you spend the money, again I wouldnt say its a perfect situation but in Japan its been spent much more to prop up the general economy and social spending were as in the US/UK you saw vast amounts of it spent to save big banks and investors.

Thats probably coloured a lot of the image we get of Japan as well, you hear about rich people losing a lot of money in the early 90's but for the general population the "Lost Decades" I think gets overplayed....

New research reveals the myth of Japan's 'lost decades'

Prolonged economic recovery has been a period of increasing well-being

asia.nikkei.com

Very different to what happened in the US/UK post 2008 were the wealthy were supported and the general population experienced disastrous austerity measures.

 

[tastaylvr]

They teach the bell curve and cold winters theory in Japanese universities and other Asian countries

Can you link me their curriculum showcasing this?

 

[moreorless87]

I think a significant image is that post WW2 Japan was restructured more along the lines of the US but has remained more along those lines than the US which has shifted much more heavily to the right towards free market capitalism.

Abenomics of recent years have been somewhat of a shift towards US style economics but still not nearly to the same degree. I'm guessing perhaps partly Japanese society being rather more resistant to change and community minded, perhaps also because the threat of an outright shift to socialism(either though democracy or revolution) remained stronger in Japan for longer? really I think thats the main reason we saw a shift to the left in the US/UK in the 30's and 40's, fear of that happening forced more compromise from the ultra wealthy.