While Germany is suffering by being dependent on Russia's natural gas and energy and China's manufacture capability and market size, Japan is now experiencing a full coming back of semiconductors and manufacturing back thank to decoupling from China. Little experience of weka yen isn't that issues.
Japanese economy fell behind Germany because of currency depreciation not because of growth in German economy thats why ppp should be used for comparison.
@@SonnyDarvishzadeh I owned 5 VWs (including my first car) before two Toyotas. 2 VW beetles, transporter and 2 golfs. All great cars. But for dependability in today's driving conditions in the US Toyota has them beat. But I would not feel disadvantaged driving a VW.
@@god6384 VW was first to establish a world market for their cars early in their history. Air cooling made the cars popular in equatorial climates and the engines could be rebuilt with minimal equipment.
It doesn’t matter how much wages go up. The price of everything will go up twice as fast. That is the problem everywhere, not just Japan. Congratulations! You are making ¥400,000/month now. Too bad it will soon cost ¥500,00/month to live a decent life and not just struggle to survive. Surviving isn’t living.
You obviously don’t know the importance of inflation. Yes too much inflation is bad but if you don’t have inflation, it means your economy is not growing and wages are not rising to boost people’s spending.
Japanese products are the best in the world. Visitors to Japan enjoy the most amazing sights, food, and experiences with unparalleled service and safety. Never made sense that they had a difficult economy. Glad to hear the Japanese are finally seeing some good economic news.
Actually Japanese products have stagnated. In the early 2000s, we had Japanese consumer electronics. Then, they became Korean. Now they're Chinese. And the Chinese now lead the world in EVs, 5G telecommunications, drones, high speed rail, batteries, e-commerce, logistics, and much more.
@@Western_Declinethat is true and it is also a matter of time when the other Asian countries follow suit and overtake. I don't know about high-speed rail, because from my perspective the only reason the Chinese really built that out is due to their huge population, the next country who will become Leading Edge is probably going to be india. Thailand and Vietnam have their own positive aspects as well.
The demographic structure of Japan is heavy at the top, meaning senior, retired people occupying a significant portion of the population. Inflation will not help them spend more domestically.
Japan being 4th best economy in the world despite all its pressures and the UK is 7-8th is truly amazing. We could learn a lot from them. It’s not surprise how they’re so successful given the work ethic of their people, it’s really the fruits of their labour and hard work earned honestly
It’s good for Japanese government cause they consume more than they export. And the yen value is not correlate well to salary…. Inflation is make sense with is about 2.5% with is…less than 5.2% increase in a wage
And thats why all global investors especially Blackrock is shifting their investments to Japan. Pay attention to all Japanese digital investment projects, specially ones authorized by the Japanese Government.
A diferencia de lo que todos dicen... yo creo que Japón esta peor que nunca, depende muchísimo de la economía de Estados Unidos, desde que temino la II guerra mundial, con el dolar; tambien cuando Japón no tiene control total sobre su soberanía, sigue siendo un pais ocupado por los Estados Unidos, no les permiten tener su propio ejercito ni tampoco hacer alianzas comerciales y tecnologicas relevantes con China, que guste o no, ya es una super potencia industrial, economica, militar y politica. Y si Japón tuviera mas margen de maniobra en el tablero geopolitico, saben que les conviene fortalecer alianzas con China, para un ganar-ganar. Desde el punto de vista económico, si la reserva federal de Estados Unidos, cambia via tasas de interés o con otros metodos, afectan muchísimo a Japón sea negativa o "positivamente". Parece que ya se les olvido a los Japoneses, que parte de la genesis de su problematica económica, que es cronica, es por depender profundamente del sistema financiero Estadunidense. Tanto se han olvidado, que el primer ministro Kishida fue al congreso de Estados Unidos este año a realizar un discurso, que da a entender, que esta alineado a un modelo político y económico globalista-neoliberal y entreguista de su soberanía... esto ha hecho mucho daño a Japón. Ellos saben esto... pero Japón debe luchar para verdaderamente ser independiente y no dejar que otro gobierno extranjero meta sus narices en asuntos internos... esto es mi opinión y espero que se respete.
Japan needs more than 10 years of high inflation (5% to 10%) and a balanced budget in order to pay its debts. Otherwise it will suddenly collapse at some point.
Collapse of what? Their debt is almost all in yen, and almost all hold domestically. That's why despite huge debt to GDP ratio, their interest rate is near zero.
@@pedrolopes3542 you don't get it. They are the ones they owe it to, not their neighbors. Are you going to break your own leg to make you pay 😂 and the other thing is that this kind of reports don't show is the amount of assets Japan has. When you analyse a firm you have to look at the balance sheet as a whole, not just the amount of debt. And the proof of that is that the interest is as low as it has been. Japan has been in the down low for so long that people forget how much money they have.
Climate change and rising sea levels will make properties in low lying areas and coastal areas impossible to insure. Banks will be reluctant to give a mortgage for 15 or 30 years because the property may be under water. Selling properties to average buyers will become impossible in the future as banks and mortgage companies stop making loans for these properties. Japan is a high risk nation for insurance and extreme weather like hurricanes. People will have to self insure and take the risk of loss. Condo associations are losing their insurance and if they find a new higher cost policy they will be passing on the higher costs to association members. Insurance companies will raise rates and pass on the costs and risks to policy holders. Japan has nuclear power plants along the shore line. These will be at risk from extreme weather and rising sea levels.
Japan has been slow to adopt renewable energy and all electric vehicles. A island nation that has little natural resources importing fossil fuels seems foolish and expensive. Entrenched interests are holding Japan back. They need to adopt new technology, renewable energy and all electric BEV vehicles. Nokia and Kodak were slow to adopt new technology. They lost their leadership positions. Japan needs to wake up and realize there is a climate crisis.
FYI, all Japanese auto companies are making current gen battery factories in the US. Toyota and Panasonic owns huge portion of patent of next gen battery. In terms of autonomous driving, the ONLY open source software company is TIERIV, a Japanese one not the US or EU. I'm so sorry but it seems pretty much like Tesla is the new Nokia.
The problem with your argument is that customers are not buying it, literally. The fact that ev sales are decreasing and for some markets falling at this early stage means that they are not ready yet. Which is exactly what Toyota exCEO said. We will get there but not yet. In the meantime, we have to get better battery, better infrastructure, better recycling etc
With an ageing workforce and increasing competition in Asia (Korea, China, Vietnam, and Taiwan) Japanese better seriously up their English-proficiency game to compete, to attract top international talent and lower the brain drain. English-speaking Japanese Scientists, Engineers, and etc.. can earn 3x the salary abroad and Japanese SME's (the majority of Japanese mfrs.) without English proficiency can not offer their goods overseas. Japanese English levels have slipped below Malaysia, Vietnam, Pakistan and even Nepal!!! Yikes!
Serious question is why need to learn English when the all the competition happens in Asia? This sounds like as if the English manufactures were still relevant like 50 years ago. Look at the reality, European. You guys as not the center of economy.
