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Will Japan's Economy Crash? 

History of Everything Podcast
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22 окт 2024

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Комментарии : 433   
@HiteshJetwaniTechtesh
@HiteshJetwaniTechtesh 4 месяца назад
my favorite japan quote is .. japan reached 90s in 70s and has been there since
@arcturionblade1077
@arcturionblade1077 4 месяца назад
Japan never left the Showa era, apparently.
@FictionHubZA
@FictionHubZA 4 месяца назад
Japan has been living in the future for the past 50 years.
@jonaspete
@jonaspete 4 месяца назад
📠 fax
@oscaranderson5719
@oscaranderson5719 4 месяца назад
I feel like Japan’s geography as a small island nation that has to sometimes contend with much larger rivals has led to…interesting cultural adaptations.
@blackbelt2000
@blackbelt2000 4 месяца назад
@@FictionHubZA no they have been living in the year 2000 for the past 50 years
@b1646717
@b1646717 4 месяца назад
Bank bailouts are always super popular.......amongst bankers.
@sookendestroy1
@sookendestroy1 4 месяца назад
The same with "Quantatative Easing"
@mulalobusinge
@mulalobusinge 4 месяца назад
Which all are signs their system failed....negative rates and all their weird gimmicks and bailouts for the problem makers
@saeedhossain6099
@saeedhossain6099 4 месяца назад
well banksters, there are the rare local community banker who sees conglomerate banks as a major source of threat to the financial stability of the nation. but frankly I'm more likely to find a unicorn than one of those bankers anymore.
@catalyst772
@catalyst772 4 месяца назад
4 types of economies: Developing, Developed, Argentina and Japan
@akumaking1
@akumaking1 4 месяца назад
Communism is a failed economy I guess
@mekingtiger9095
@mekingtiger9095 4 месяца назад
_"Japan has been stuck in the 2000s ever since the 1980s"_ ~ Some RU-vid comment I saw the other day
@sookendestroy1
@sookendestroy1 4 месяца назад
Developed: You have buying power but are poor anyways Undeveloped: You have no buying power and are poor anyways. Argentina: You dont need money to buy food when money is so plentiful you can use it as food. Japan: You'd better not raise the price of that apple or the ancients will damn us all.
@ouss
@ouss 4 месяца назад
Never heard that
@AnotherAmerican91
@AnotherAmerican91 4 месяца назад
Argentina and turkiye are becoming peas in a pod.
@bradleyharris774
@bradleyharris774 4 месяца назад
I'm kinda glad he did that little tangent about Anime because I find a lot of people in the West who watch a lot of anime develop this idealized version of the country and it's kinda hilarious when they actually go to Japan and get a massive reality check.
@krasnamerah1926
@krasnamerah1926 4 месяца назад
Dragon Maid is way better since they actually showed that Japan's school and work culture sucks, and the manga would be insanely boring without the dragons there.
@arcturionblade1077
@arcturionblade1077 4 месяца назад
Yeah, people get the wrong idea of Japan as this perfect utopia when it has a lot of internal problems below the surface. My brother-in-law and mother-in-law (both Brazilian) wanted to move to Japan and find work, thinking it would be super easy to earn lots of money there. And they weren't even anime watchers. They really thought Japan's streets were figuratively paved with gold. My wife and I had to explain to them that with the stagnant yen, tough work culture (to the point of being toxic), and general disdain for foreigners, it'll be really tough to make a thriving life in Japan unless you knew what you were doing (learning the language, have preexisting job prospects, etc). Thankfully they never followed through with their plan as they stayed put in Brazil (and doing pretty OK for themselves these days).
@DakotaBroskie
@DakotaBroskie 4 месяца назад
I'm just happy i got to edit in anime footage!
@joshreichardt2485
@joshreichardt2485 4 месяца назад
​@krasnamerah1926 Aggresuko also shows a lot of the realities of Japanese work life.
@mekingtiger9095
@mekingtiger9095 4 месяца назад
Lmao, you're kinda in the wrong if you think it is *only* anime watchers who romanticize Japan.
@HokkaidoHiguma-j3j
@HokkaidoHiguma-j3j 4 месяца назад
The emperor remaining solely as a figure head is not a new concept McArthur brought. In a sense, Mcarthur simply became the first foreign Shogun.
@melelconquistador
@melelconquistador 4 месяца назад
Mc Arthur and by extension Truman became what the antagonist of blue eyed samurai dreamed to achieve.
@havencat9337
@havencat9337 4 месяца назад
you think? Japan lost its independence. its that simple! look at the Palaza acord
@clmk28
@clmk28 4 месяца назад
@@havencat9337 yeah that sucked bad, but having weak allies actually destabilizes the global economy. The plaza accord was a big mistake
@knpark2025
@knpark2025 4 месяца назад
Ergo, in a sense, the allies did basically nothing to change the political status quo of Japan other than writing a new constitution for the same ruling class. This is in stark contrast to what happened in Germany, because what happened in Japan is as if Germany under Allied occupation being allowed stay as the unified Weimar Republic instead of being rebuilt from the ground up into two different regimes on either sides of the Iron Curtain. This is what let jingoistic revisionists have a say in Japanese politics even to this day when most Japanese people are polite pacifists.
@ArchAngelLoki113
@ArchAngelLoki113 4 месяца назад
Many "isekai" main chars in anime often die from overwork in their original world. So the fun times in HS and death in the cooperate workplace is very well known.
@worndown8280
@worndown8280 4 месяца назад
I remember living in Japan. It is both modern and ancient at the same time. Everyone pays with cash. Always cash. ATMs close. Dont forget your stamp if you wish to do any type of business or banking. But Pachinko is stupid fun. I remember in the mid 90s the yen was like 79 to a dollar. Everyone was freaking out. Crazy how its just been stagnant for 30 years. One thing that hasnt been stagnant is their national debt. Only China's is higher per GDP. Eventually it will crush Japan. And then it is game over, unless the US pumps in a lot of investment. But I dont think the US is in any kind of shape financially or politically to do such a thing.
@arcturionblade1077
@arcturionblade1077 4 месяца назад
I lived in Japan for eleven years. Moved back to the States in May of last year. Cash is still king (better keep those yen bills nice and crisp and unfolded with a decent wallet), and the yen exchange rate was over 150 to $1 USD (it's increased to 160 this past year). Groceries and shopping was great for us, especially since my wife and I were paid in USD. Life wasn't so great for our Japanese friends though (since they were paid in yen) as they had to watch their spending.
@worndown8280
@worndown8280 4 месяца назад
@@arcturionblade1077 The coins too. Actual usable and functional coin currency. Very retro. I honestly dont know why we havent done the same here in the states with the dollar and 5 dollar notes. Coins last forever.
@TheSkyGuy77
@TheSkyGuy77 4 месяца назад
Most of Japan's national debt is owed to other Japanese (the central bank, or to retirees), so they could find a way to pay the debt somehow.
@badfoody
@badfoody 3 месяца назад
all this China fetishizing is goofy
@つくも-d9v
@つくも-d9v 2 месяца назад
日本では日本銀行が市場に紙幣供給したくても直接ばら撒けないので国の国債を買っています 日本ではこの行為を国の借金(国民の借金)と呼んでいます 日本政府は日本銀行に巨額の負債を負っている仕組みです 実際には日本銀行は政府に対して催促なんてしません 貴方の国では市場に紙幣を供給するときどうしてますか? 日銀が金を流通させたくて買ってる国債で日本が潰れる事なんてあり得ませんよ
@BrotherAlpha
@BrotherAlpha 4 месяца назад
44:00 ... Also, Japanese high schools have dress codes, which means the characters have a reason to wear the same out fit every single day.
@TheNaturalnuke
@TheNaturalnuke 4 месяца назад
Love Doyalist explanations
@buinghiathuan4595
@buinghiathuan4595 4 месяца назад
Probably most of place in Asia have dress code and school uniform. Maybe the West may see it as restricted but it was there to make everyone at the same lvl, no matter how rich or poor u are. And socialism, I guess
@pierzing.glint1sh76
@pierzing.glint1sh76 4 месяца назад
​@buinghiathuan4595 All European schools have dress codes aswell I dont think this is a Japanese thing haha it's an American thing to not have a dress code haha
@MegaRazorback
@MegaRazorback 4 месяца назад
@@buinghiathuan4595 Australia has primary/high school dress codes as well, used to be mostly the private schools at first in the 80's and 90's but past that more and more public ones adopted it and now it's pretty much a given that when a new private/public primary/high school opens up it will have a dress code so having a dress code for schools isn't restricted to just the Asian regions.
@keshi5541
@keshi5541 3 месяца назад
@@MegaRazorback I'm australian and I was completely confused reading this thread. I was thinking how is this just an asian thing?
@karbitgameing6921
@karbitgameing6921 4 месяца назад
I love these economic crash videos keep em coming
@historyofeverythingpodcast
@historyofeverythingpodcast 4 месяца назад
You say that like we want the world to crash so I have more to make. I don’t want that. I really don’t. The world just gives me too much to talk about
@jonesman7124
@jonesman7124 4 месяца назад
The eternal struggle of talking about struggles. Its horrible whats Happening( war, civil unrest and economic Crashes) but Somebody has to Talk about it and inform the people. Love your content. 😊 @@historyofeverythingpodcast
@trickyrichard
@trickyrichard 4 месяца назад
​@historyofeverythingpodcast k but I do. Start talking whiteboy
@Barnesofthenorth
@Barnesofthenorth 4 месяца назад
@@historyofeverythingpodcast True, but its also helpful to get out information of whats happening as why as it could potentially help in the future if people understand a bit more why things are happening so can be more informed when they vote. Granted it's only a drop in the ocean unless you get billions of views a video, but even starting to inform some people on why economies crash and thus what policies it would be good to look out for when voting can help.
@EggsBenAddict
@EggsBenAddict 4 месяца назад
@@historyofeverythingpodcast You should make videos about why countries are booming instead!
@stevenjohnston7809
@stevenjohnston7809 4 месяца назад
Japan has a habit of reinventing itself.
@EM-tx3ly
@EM-tx3ly 4 месяца назад
@@bobbobberbobalina Unified Homogeneous Strong collective ethos
@Tyranid_Hive_Mind
@Tyranid_Hive_Mind 4 месяца назад
While not changing it's work culture
@alfjones6377
@alfjones6377 3 месяца назад
also, they adhere staunchly to traditional values intransigently which proffers the country's best intererst. They continuously push back against the west woke agenda.
@deprived1658
@deprived1658 4 месяца назад
I never noticed the fact that most of anime shows are really of highschoolers, that's really interesting. Another great in-depth analysis as always!
@arcturionblade1077
@arcturionblade1077 4 месяца назад
Not surprising seeing how high school is considered the last hurrah for most Japanese when they have a sense of childhood innocence and "freedom" before the crushing weight of responsibility from college and work culture overtakes their entire lives.
@allenkrust4410
@allenkrust4410 4 месяца назад
Which is why the west doesn't seem to understand that anime is fiction. Loli is fiction. Magic girls is fiction. They needed to escape reality. Getting mine crafted will cause the manpower situation weaken which in the end will effect the Japanese economy. Which is why they also don't allow migrant workers from outside Japan because we know people send money to their families.
@ItsAVolcano
@ItsAVolcano 4 месяца назад
An excellent example of institutionalized sexism in Japan was a scandal some years ago where Tokyo Medical University was found to have been artificially lowering the entrance exam scores of female applicants to the point less than 10% of new students were women.
@brendanconlon8292
@brendanconlon8292 4 месяца назад
I'm confused, what do you mean it "artificially lowered" there scores? Do you mean like it just deducted points from their test for being woman? Or do you mean something else? Regardless, that would not be "institutionalized" sexism, it would be a particular entity, the Tokyo Medical University, being sexist, but as there is no law in place in Japan mandating that behavior, it is not built into the "institution" of the State of Japan.
@ItsAVolcano
@ItsAVolcano 4 месяца назад
@@brendanconlon8292 the entrance exam scores of all female applicants, and a handful of male applicants with female sounding names, were automatically lowered by ~10%. Further investigation indicated there was likely similar practices in other prestigious medical schools across the nation. It all came out when a different investigation into a nepotism case ran a computer program to find any students whose official grades didn't match with their actual exam answers.
@ItsAVolcano
@ItsAVolcano 4 месяца назад
@@brendanconlon8292 women applying to Tokyo University's Medical School had their entrance exam score lowered by ~10%, with indications of similar practices at other prestigious medical schools in the country.
@brendanconlon8292
@brendanconlon8292 4 месяца назад
@@ItsAVolcano Oh, so they did literally just drop their score.
@ItsAVolcano
@ItsAVolcano 4 месяца назад
@@brendanconlon8292 and Tokyo University is *the* prestigious and influential Japanese university, with the best equivalent being something like Eton or a mix of Harvard/MIT. Their graduates frequently dominate the boards of medicine/engineering/etc within the country, so this is very much a cultural institution.
@DakotaBroskie
@DakotaBroskie 4 месяца назад
Every time he mentions Nixon i have to RESTRAIN myself from using the Futurama version when editing
@JLo83
@JLo83 4 месяца назад
Hey, it's James. Do it. Stick in all the memes you want. I do it on the podcast ep videos 😂
@Leopoldshark
@Leopoldshark 4 месяца назад
Arooooo~
@DakotaBroskie
@DakotaBroskie 3 месяца назад
@@JLo83 we are not much different you and i
@brgorham68
@brgorham68 4 месяца назад
Interesting video. I'm liking these economic presentations.
@milanstepanek4185
@milanstepanek4185 4 месяца назад
TLDR: Central planning works better with an extremely disciplined population but will eventually fail. Also the final decoupling of the USD from gold and the following inflationary abuse of it set off all kinds of historic changes around the world whose full weight we're IMO yet about to live through.
@joemayo1589
@joemayo1589 4 месяца назад
You know what this means. Cheaper kimonos.
@FictionHubZA
@FictionHubZA 4 месяца назад
Cheaper trips to Japan.
@muhammadrazziqbinmohdnazzr7065
@muhammadrazziqbinmohdnazzr7065 4 месяца назад
Cheaper beyblades.
@oscaranderson5719
@oscaranderson5719 4 месяца назад
oh no, I’d better bolster the Japanese economy! again!
@NasaZombieDragon-vc7pl
@NasaZombieDragon-vc7pl 4 месяца назад
Cheaper JAV
@adorabell4253
@adorabell4253 Месяц назад
You can get them really cheap at second hand markets. Like, as cheap as $10. But you need to be there and they are likely to be on the short end.
@zachariahrich3354
@zachariahrich3354 4 месяца назад
46:27 goes from history class to modern economics theory. Lol I'm here for it.
@WolfDarkrose
@WolfDarkrose 4 месяца назад
its sad in this day we would rather have cheap dangerous things then well crafted and safe things. QUALITY allllllways beats Quantity.. having as lot is great but it never lasts
@sookendestroy1
@sookendestroy1 4 месяца назад
Mfw a truck nowadays is over 80k $ but is still trash compared to a japanese vehicle but the japanese one is a third more expensive artificially.
@jogo798
@jogo798 4 месяца назад
Expensive/= quality
@HeydenHarvey
@HeydenHarvey 4 месяца назад
Planned obsolescence
@arcturionblade1077
@arcturionblade1077 4 месяца назад
​@@HeydenHarveyThis guy gets it.
@rusticbox9908
@rusticbox9908 4 месяца назад
You'd rather buy A couch, or a couch, side table, TV and a fridge? There's no right answer but just shows where you're at.
@joewilson3393
@joewilson3393 4 месяца назад
Demmings work in Japan was also foundational for modern project management. We got the fish bone diagram as well as process analysis techniques that defined the whole industry.
@TradePrinceNodnarb
@TradePrinceNodnarb 4 месяца назад
Saw you at the Ren-Fair in Kentucky! I had the big hat and hawaiian shirt! Hope you guys had fun and stayed cool Sorry for not stopping to chat, it was really hot and and with an hour of sleep i was star struck lol
@User-ve6bh
@User-ve6bh 4 месяца назад
Never stop making these videos
@otis3744
@otis3744 4 месяца назад
For those of you that don't understand -- America assassinated the Japanese economy ... and they are trying to do the same today to china but china isn't really Japan and the game play is a little different, hence the word "Over capacity"
@superp1g854
@superp1g854 2 месяца назад
Hallway? Bold choice for your particular choice of delivery. Great video Sir.
@jasonlehosit2480
@jasonlehosit2480 4 месяца назад
Love your videos and appreciate your thoughtful commentary!! I look forward to every episode!
@elingrome5853
@elingrome5853 4 месяца назад
for thirty years people have been telling me Japan is finished.. too old.. stagnant... yet they still dont seem to have tent cities and knife crime
@mrcoolz5541
@mrcoolz5541 4 месяца назад
That’s mostly due to their culture as a collectivist society. Also having a shrinking population causes an excess of homes, not a lack of homes. This means no tent cities. Also there is quite a bit of sexual assault crime in Japan.
@historyofeverythingpodcast
@historyofeverythingpodcast 4 месяца назад
Correct, this looks at why
@tzimiscelord8483
@tzimiscelord8483 4 месяца назад
Mr Cool beating me by a few minutes. Pretty much exactly what he said, societies and cultures are in fact different and do in fact respond to stressors in different ways
@SkunkApe407
@SkunkApe407 4 месяца назад
Those aren't the only signs of a declining society, bit okay.
@DumAzzFairy
@DumAzzFairy 4 месяца назад
By this logic "the sky isnt blue because thats what they've been saying for years now and I think its actually purple anyway" is correct 🤣🤣🤣🤣
@grouchypotatowolfpack5580
@grouchypotatowolfpack5580 4 месяца назад
Japan is famous for it's ironclad traditions, but also for making deep changes at an incredible pace when tradition stops working. I think now is one of those times of change.
@dieltolo6112
@dieltolo6112 4 месяца назад
When the population of Japan hits the 99M, I am sure that they will panic and change everything (or a China-Taiwan war)
@AbuKaliAchBar
@AbuKaliAchBar 4 месяца назад
Looks like you have the Egyptian Video description for this video description.
@historyofeverythingpodcast
@historyofeverythingpodcast 4 месяца назад
Oops. Did not hit save. Thank you for that my friend
@hungo7720
@hungo7720 4 месяца назад
BOJ has kept the interest pegged to negative rate for years which dissuaded investors from investing in the Yen or its government bonds. Instead, they have chosen to pile into the USD or Euro and divest from the Yen. As a result, the Yen has sustained a drastic depreciation relative to the USD.
@Caleb-qr6lo
@Caleb-qr6lo 4 месяца назад
12:05 yeah, too bad they have been failing at that. Now we have so many monopolies that you can’t even call it a free market.
@csonracsonra9962
@csonracsonra9962 4 месяца назад
My man's probably not going to Egypt anytime soon if you know what I mean😂
@rollerskdude
@rollerskdude 4 месяца назад
Who would? There's no food there. You'd have to wait 6-8 hours a say for 1 bag of sugar.
@williamst.germain3394
@williamst.germain3394 4 месяца назад
Well... also in Anime the shows that DO begin with a middle aged Salaryman tend to be Isekai... so yeah... they're REALLY latching on to they would rather take the chance with a gruesome death to be reborn in a Fantasy world than deal with another day in a Black Company.
@seanbrennan5469
@seanbrennan5469 4 месяца назад
I remember reading something years ago about the Yakuza owning a large percentage of the banking industry and this actually helps stop a banking collapse
@jonaspete
@jonaspete 4 месяца назад
This is similar model to Meiji Restoration. Like government providing subsidy to group of private company.
@tdannyV2
@tdannyV2 4 месяца назад
Thank for the video!
@benr7294
@benr7294 4 месяца назад
In America all over wealth is in a real estate that's where most of the wealth for the average citizen. Japan doesn't have that they're building considered worthless after 30 years because of all the earthquakes. So it's a whole different method in which to generate wealth but they also avoided all the bubbles that America's had to deal with
@arcturionblade1077
@arcturionblade1077 4 месяца назад
In Japan, it's the land that's valuable (plus location, of course). The house itself is not considered a vehicle for wealth generation, like it is in the US.
@TheSkyGuy77
@TheSkyGuy77 4 месяца назад
A house should only be considered a place to live, not as a rigged investment to benefit old people at the expense of the young people's ability to get their own place to live
@gyukgaming6037
@gyukgaming6037 4 месяца назад
Plz make release them on podcast also
@historyofeverythingpodcast
@historyofeverythingpodcast 4 месяца назад
Yes I will be doing that. Thank you for the reminder I fell behind
@maxpaul9769
@maxpaul9769 4 месяца назад
great vid, with a lot of details
@timma123j
@timma123j 3 месяца назад
You are awesome. Not a bot, just appreciative.
@OsirisLord
@OsirisLord 4 месяца назад
The most impressive part of Japan's post-war recovery is when they beat Godzilla with flotation devices and a discontinued fighter.
@TacComControl
@TacComControl 4 месяца назад
Japan's been through economic crashes before. Back in the late 80s, they had a crash... and came out of the crash with still having the third largest economy in the world. This is what happens when you have extremely robust social programs in place. A crash in America and tons of people lost their homes. A crash in Japan and the Japanese government mobilized to make sure that as few people lost their homes as possible.
@TacComControl
@TacComControl 4 месяца назад
Also as a side note, Panasonic is a company you could do an entire video on all on its lonesome, because they are Kind of amazeballs. Their founding principle at its core has always been "Support and develop the community" ever since they were founded at Matsushita, and while people often just kind of brush them off as "just another random company no one notices", they have small electrical components in literally every electronic device you own, to say nothing of the fact that they basically constantly force everyone else to get off their ass. I'll give you a great example. Round about 2012, camera technology was... slow. Cameras did one thing and one thing only, the next models were all basic iterations, and advancement was very boring and very linear. And then Panasonic made the GH4, which had way more latitude in process capability than it actually NEEDED to have, allowing it to continue to be robust and useful even today, it recorded in 4k, it handled luts in-body for a small fee, it put solid work into making its onboard audio processing not suck(something that was relatively universal among DSLR type cameras that recorded video and even non-DSLR cameras), and it did it on a sensor that no one thought could be worth a damn, all while fully understanding that a digital camera is at its core, a computer, something that Canon and Nikon still struggle with to this day. Which is to say, every connected component is only as fast and capable as its weakest link, so while Canon was still linking components using USB1.1 protocols WAY past the point that that was no longer useful, Panasonic was capping out what USB2 could do internally, which meant greater reliability, better write speeds, higher burst speeds, all of it. In one single move, Panasonic walked onto Canon's lawn and took a MASSIVE dump straight on their front porch. It was a flagship camera for less than 1500 bucks at the time, and it was a hell of a slap in the face for the old guard. It's said that the GH4 basically forced Canon to wake up, and set the stage for Sony's rapid rise as a manufacturer, as expectations among users blew up once they saw what was possible. Their Nocticron glass also served as a shot across the bow given that it outperformed their L series lenses significantly, all while being natively compatible with OIympus's camera bodies as well thanks to their participation in the micro-four-thirds standard. And what Sony would do and continues to do to this day in that market STILL acts as a hardcore slap to the face of Canon's pre-2010 complacency. Also Panasonic invented the world's first bread machine. So there is also that.
@mitwhitgaming7722
@mitwhitgaming7722 4 месяца назад
Me with Nintendo stock: 😅
@FictionHubZA
@FictionHubZA 4 месяца назад
Having Nintendo stock😀 Using Nintendo stock footage 💀
@DylanJo123
@DylanJo123 4 месяца назад
Imagine investing in anything but American. 😂
@bluepaulsbluepauls8887
@bluepaulsbluepauls8887 4 месяца назад
Thanks for talking about Japanese economic history 👍
@mikehurt3290
@mikehurt3290 4 месяца назад
With the only Japanese companies I hear about are Nintendo, Sony, and Toyota so I had no idea the Japanese economy had so many issues
@موسى_7
@موسى_7 4 месяца назад
That's the advantage of export-oriented economy: companies succeed even when economy fails
@EM-tx3ly
@EM-tx3ly 4 месяца назад
When bankers fail the economy while the engineering companies don’t
@arcturionblade1077
@arcturionblade1077 4 месяца назад
​Nintendo apparently has millions of dollars squirreled away and can weather many a storm. They're just very conservative with how they spent this money.
@Leftforlol1
@Leftforlol1 4 месяца назад
You mentioned how a lot of Anime are focused on high school. There’s been a surge of more isekai anime and manga recently, usually involving overworked adults or high schoolers. Do you think the reasoning behind that is similar, like how being isekai’d saves them from their fate of being overworked under-appreciated salarymen?
@onionknight2239
@onionknight2239 4 месяца назад
another great one
@BigChucka419
@BigChucka419 4 месяца назад
I did about a month of Quality Control based math in HS. Way it was explained to me was US companies weren't interested at first so we were getting wrecked in the auto market in the 80s
@bepikz-s2n
@bepikz-s2n 3 месяца назад
More on multiple companies collaborating together to create innovation. A racing group called Team Racing Midnight is a group of executives who drives to pursue innovation within thr car industry while maintaining animosity and safety
@glockmat
@glockmat 4 месяца назад
Reagan, being a hypocrite, tried to restrain the free market by imposing a 100% tariff, which is a gigantic tariff Me, a Brazilian, where EVERYTHING has 92-150% tariffs: 100% is supposed to be a big deal?
@dippadai
@dippadai 4 месяца назад
50:58 they're more likely going like "nah, fuck it. let it collapse" and build the system with lesser population
@rayeya3138
@rayeya3138 4 месяца назад
That wouldn't be very smart.
@Tyranid_Hive_Mind
@Tyranid_Hive_Mind 4 месяца назад
​@rayeya3138 what other choice do they have other than working their lives away?
@ownedmaxer607
@ownedmaxer607 4 месяца назад
@@Tyranid_Hive_Mind they wouldn't do it; time has proven that the populace of Japan can overwhelmingly be driven to sacrifice everything for the sake of bettering their country, even if it mean their lives will only improve slightly, if at all, over generations. The Japanese have a culture of unity unseen in any other developed, or even under-developed, nation. All they need to do is figure out what it is they need to change and create a cohesive plan to achieve it.
@greyfox78569
@greyfox78569 4 месяца назад
The ultimate problem of inflation is 2% of a $1,000,000,000,000 is bigger than the yearly GDP of most countries.
@gabor9027
@gabor9027 3 месяца назад
Living here at the moment and I am crying at how low the Yen is compared to the dollar mainly because I have debts in the US to pay. My daily life hasn't changed, nor has my paycheck (I am in the ALT industry which is going down the drain right now). Prices of goods have gone up enough to where my wife and I do a bit more shopping for good deals. Prices for appliances like electricity and gas have skyrocketed but have been kept in check by government subsidies. We make enough for a small vacation within the country every few months but travel outside of Japan to visit family in the US is out of the question right now unless my folks want to pay the bulk of the costs. Children are out of the question until I move out of the ALT industry. If Japan wants to keep its presence on the world stage it does need to rethink its work culture and start innovating again.
@donkeyfly43
@donkeyfly43 4 месяца назад
Great work. I’ve wondered how Japan’s economy stagnating had happened
@DJPhukk
@DJPhukk 4 месяца назад
25:10 Team work makes the dream work. Japan hit the perfect balance between nationalism and capitalism for some time.
@EmilyJelassi
@EmilyJelassi 2 месяца назад
The Christmas trip sounds amazing, but I'm concerned about the amount of walking. I have to use a cane. Would that work or is it a LOT of walking??
@sharkchaos5160
@sharkchaos5160 4 месяца назад
Great video.
@jayhill8892
@jayhill8892 4 месяца назад
Hearing Deming's name while I'm taking regulatory affairs classes is oddly appropriate.
@knpark2025
@knpark2025 4 месяца назад
13:15 Keiretsu might as well be the old Zaibatsu but not Zaibatsu in name only. When GHQ (Allied occupation government) dismantled Japanese Zaibatsu to dismantle the former industrial base of Imperial Japan's military expansionism, their remnants transformed into Keiretsu (which literally translates into affiliation in English) to do basically the same thing: pool capital and resources to grow industry. (South) Koreans saw how Keiretsu led Japan's economic development post-WW2 and copied the system into Chaebols. Chaebol is basically the same thing as the Japanese Keiretsu, as you can find that the word Chaebol is literally the Korean pronunciation of the same Japanese word using the same two Han Characters: 財閥.
@ThePatxiao
@ThePatxiao 4 месяца назад
I honestly don’t think it’ll fix itself because of who is in charge. I think one issue that hurt Japan is the fact their conservatives are nearly ENTIRELY dominant in the government. It says something that the reveal the main party has ties to a CULT and they embezzled a lot of money means they MIGHT lost their majority. The conservatives are super closed minded and not what Japan needs to grow
@StarboyXL9
@StarboyXL9 Месяц назад
Japan will not grow under liberal rule, only expire. Japan is a spirit, if you replace the population with foreigners, the spirit will leave, and Japan will be Japan in name only.
@Moeller750
@Moeller750 4 месяца назад
Will you do a meet-up with your European viewers in Germany? It's really easy to get to Munich and the area around it from most of the surrounding countries. I've seen the Christmas markets, but I'd gladly board a train to hang out with this community
@neo122333
@neo122333 4 месяца назад
Hey man! Love your videos, but the mic quality feels off and muffled in this one. Do you know what might be causing it?
@historyofeverythingpodcast
@historyofeverythingpodcast 4 месяца назад
I’m not sure, been working to trouble shoot it. I travelled with my mic as this was recorded at my parent’s house and it might have messed it up.
@fnym9rdsavsffdik9a25
@fnym9rdsavsffdik9a25 4 месяца назад
I know I am biased but as the next topic how "what did Norway do right?"
@sd5371
@sd5371 4 месяца назад
Well it had a homogeneous population. A smaller population in comparison to other developed nations and it didn't shit fling at their neighbors in the last hundred years.... Staying small, cohesive and polite keeps you going... But give it another generation or two and it'll fall off due to stagnant birth rates of their natives while an increase in migrant birthrates... That'll cause a sharp shift in crime, financial stability, and quality of life in 25-50 years if they're lucky
@brendanconlon8292
@brendanconlon8292 4 месяца назад
Also Norway's economy is way, way, way over praised, all of the Icelandic nations are. Norway specifically has a total gdp of a little less that 580 billion. That is significantly less than 1/2 the size of Mexico's and a little over a 1/4 of Canada's (not exactly powerhouse economies). And on top of that it has a bunch of natural gas off its coast. Basically Norway's economic strategies is, be next to a bunch of valuable natural resources and peaceful neighbors, and don't have to big of a population so that you can spread all that money you gain from those natural resources around a lot. To be fair, many, many other countries with a similar advantages squander it, but its not the case that Norway, (or any of the Icelandic countries) are master of economics, innovation or productivity. They aren't, they just have a lot of valuable natural resources and a stable government.
@stinepetersen861
@stinepetersen861 4 месяца назад
​@@brendanconlon8292could you please explain why you think norways gdp isn't good compared to canada? Year, it might be 1/4 but if you account for population it's almost double pr capita. Also why compare it to mexico with a population of 127 million? Norway has 5,5 million people. Even if we ignore the population numbers and just look at the size of these countries this negative comparison doesn't make sense since mexico has almost 4x the area and canada has about 25x the area
@brendanconlon8292
@brendanconlon8292 4 месяца назад
@@stinepetersen861 You miss understood might point. Norway does have a good economy and I would argue it is better than Canada's and is certainly better managed than Mexico's. My only point with those comparison's is to emphasize that, in real terms, it is tiny. When people bring up the Scandinavian states, as models of "great" economies" they are generally doing so to imply, if not outright suggests, that they are examples other nations can learn from. But as nations scale the reality of economics just changes. What makes sense for an economy of 500 billion is vary different than an economy of 25 trillion. Smaller nations, like Norway, can rely on natural resources, controlled by state institutions to fund large welfare states. But as a country gets larger, and its economy needs to get bigger, nations need a more diverse economy, and likely require sectors likes tech and finance that have higher demands on intellectual capital to further scale, and such economies need very different structures and a different balance between state and private enterprises than Norway has. So, to sum up, Norway is a good economy, but its largely because its fortunate enough to be next to natural resources while being small in population so it isn't a good model for anyone else. Qatar has essentially the same model. Norway just happens to do it while also, fortunately, being a democracy.
@stinepetersen861
@stinepetersen861 4 месяца назад
​@@brendanconlon8292​year, but you didn't actually mention scaling up an economy in your first comment, you just implied that the gdp wasn't good compared two larger countries with stagnant economies. Sort of makes it difficult to not misunderstand you
@DanThe2nd
@DanThe2nd 2 месяца назад
Hopefully selling 2 cents of cardboard as a 40 cent pokemon card, and 2 dollars of plastic as a 200 dollar anime figurine, can revitalize their economy.
@sonicboomers122
@sonicboomers122 4 месяца назад
America and Japan have a weird relationship.
@arno_groenewald
@arno_groenewald 4 месяца назад
Like extremely strange adopted semi-semi-cordual brothers.
@dark_fire_ice
@dark_fire_ice 4 месяца назад
Not as weird as the USA and England. Until the "funny mustache man" of 1930s Germany came along, the UK was seen as the only real threat to the USA
@Legitpenguins99
@Legitpenguins99 4 месяца назад
Sorta like if your dad tried to murder you, but after beating you to an inch of your life he held out his hand and said "get up son"
@dheiyomain6775
@dheiyomain6775 4 месяца назад
God i should stop reading so many bl novels. Its hurting my capabilities to discern normal things
@MichaelTendayiChikamhi
@MichaelTendayiChikamhi 4 месяца назад
🤣🤣🤣🤣🤣🤣🤣​@@dheiyomain6775
@vincenzocimino5671
@vincenzocimino5671 4 месяца назад
I would love to hear about the East Indian Trading Company.
@Sceptical_Giraffe
@Sceptical_Giraffe 3 месяца назад
I mean I'm contemplating moving from South Africa to Japan to both work and live there. Their economy is in a tight spot l, but it's not nearly as bad as RSA. Though it will be challenging to find a job there and learn the language. But I do wish the Japanese all the best with how things are going and that they do pull through.
@emirefe5452
@emirefe5452 2 месяца назад
same for me here in Turkey, our economy is so bad that a failing Japanese economy is still way better than what we have here
@JamesR1986
@JamesR1986 4 месяца назад
13:19 for example, Toyota has a small share of ownership in both Mazda and Subaru.
@LoneHeckler
@LoneHeckler 17 часов назад
You forgot to mention window guidance
@Destroyer4700
@Destroyer4700 4 месяца назад
There's a big mistake in this video. The Japanese stock market surpassed it's 1989 peak on the 22 of February 2024
@keshi5541
@keshi5541 3 месяца назад
Gotta love the Plaza accord
@161luisarias161
@161luisarias161 4 месяца назад
Really great video! Informative and Entertaining, thank you
@sandmandf
@sandmandf 4 месяца назад
You should do this same video but on the soviet union. 1945-90s right after the collapse.
@carkawalakhatulistiwa
@carkawalakhatulistiwa 4 месяца назад
Future Economy in history channel
@sethanix3969
@sethanix3969 2 месяца назад
The German christmas markets in Salzburg, Vienna... You are some 80 years late... :D
@pengily_emi
@pengily_emi 4 месяца назад
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@Stevierockie
@Stevierockie 4 месяца назад
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
@SantosCliff
@SantosCliff 4 месяца назад
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
@ParkerRoyce-ni5pw
@ParkerRoyce-ni5pw 4 месяца назад
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
@SantosCliff
@SantosCliff 4 месяца назад
Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.
@ParkerRoyce-ni5pw
@ParkerRoyce-ni5pw 4 месяца назад
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@buinghiathuan4595
@buinghiathuan4595 4 месяца назад
I working for a JP studio but thankfully, it not in JP so no crazy amount of overtime or loyalty,...
@Cec9e13
@Cec9e13 3 месяца назад
Developed, undeveloped, ARGENTINA, AND JAPAN. That is honestly hilarious.
@trickyrichard
@trickyrichard 4 месяца назад
Regarding that quick segement about anime. You had short clip of it in that segment but zom100 bucket list of the dead is one of my favorite shows in recent memory. It being about a salaryman who's finally freed from his exploitative job when the zombie apocalypse hits, so he decides to check things off of his bucket list. It's weirdly hopeful and optimistic despite the zombie premise and its a nice breath of fresh air from the common high school setting. It also came out the exact time i was starting my first salaried job, me being a year into this job now I kinda wish the zombie apocalypse would hit sometimes too.
@sookendestroy1
@sookendestroy1 4 месяца назад
More like "when will Japans economy crash" Not only do they have the issues they have been developing for decades but theyve recently been changing policies reactively. Cutting down on their tourism and discouraging foreign languages like english in public spaces is gonna hit some areas of japan really hard.
@rowbearly6128
@rowbearly6128 4 месяца назад
Tourism only profits a few individuals, it does not impact the greater economy. Foreign languages are not frowned on in public, but Japanese is the nations language and it is naturally used everywhere.
@robertcollier5537
@robertcollier5537 4 месяца назад
Tourism in Japan is becoming like a bad smell. What’s worse is the behavior of alot of the tourists is detestable. I’m not seeing any discouragement of other languages in public but if there is I wouldn’t blame the locals if they did, the Chinese don’t talk to each other they shout.
@sookendestroy1
@sookendestroy1 4 месяца назад
​@@rowbearly6128ive seen nothing but the opposite, that people in japan are more over time becoming less tolerant of other language speakers. Nearly every youtuber who covers japan has done a segment about this in the last while.
@vladerag
@vladerag 4 месяца назад
@@sookendestroy1 Becoming *less tolerant?* Friend, Japan was never tolerant.
@rowbearly6128
@rowbearly6128 4 месяца назад
@@sookendestroy1 RU-vidrs are generally annoying and do not respect the culture. I have lived in Japan for over 25 years. Witht he younger generation things are moving in the opposite direction.
@nanowithbeans2511
@nanowithbeans2511 4 месяца назад
I swear whenever I think Japan's economy is about to dip or rise. It just returns to what it was. Japan is a country stuck in time.
@ChineseKiwi
@ChineseKiwi 4 месяца назад
45:31 - PODCAST GO BRRRRRRRRRRRRR
@tomlxyz
@tomlxyz 4 месяца назад
Another day, another channel posting a video with a title containing "crash" in the context of some country's economy
@wubwubwoosh
@wubwubwoosh 4 месяца назад
What do you mean 41:20, Saudi Arabia just let the Petrodollar expire which has helped stabilize the USD float after the gold standard. and it hasn’t been covered by a single US media chain.
@cynthiaherbst3909
@cynthiaherbst3909 4 месяца назад
31:52 why am I not surprised Reagan helped to mess this up?
@rayj4722
@rayj4722 Месяц назад
Thank you
@TheForeignGamer
@TheForeignGamer 4 месяца назад
So, yet again, Reagan is fundamentally responsible for our current economic woes, both domestic and abroad.
@JS-jh4cy
@JS-jh4cy 4 месяца назад
Japan is it's special economy
@csonracsonra9962
@csonracsonra9962 4 месяца назад
Funny you make this video after you visit I guess you will make a German video after you get back in the Christmas😂
@c.s.6500
@c.s.6500 4 месяца назад
JUCE made me laugh more than it should have xD
@FutureBoyWonder
@FutureBoyWonder 4 месяца назад
we live in such a pathetic and coddled society when we have to censor basic words on a video very obviously directed towards adults. This crap is so pathetic monetization requires us to be more censored than 1950's america
@simphiwem9674
@simphiwem9674 4 месяца назад
Excuse the question if you've answered it but it seems as though you don't cover any current events in Western countries. I feel like now more than ever the EU and North America are worth a video or two.
@Robot_GEANT
@Robot_GEANT 4 месяца назад
1:23 bro is pulling a Putin
@bryant-fr7sr
@bryant-fr7sr 4 месяца назад
Not enough inflation? The yen is at its lowest value in history against the dollar. It's incredibly cheap to live on USD there and real estate is rock bottom. You're missing something.
@UrbanCohort
@UrbanCohort 4 месяца назад
The question posed by anime: Do you fight for Tomodachi or Nakama?
@rabidwallaby84
@rabidwallaby84 4 месяца назад
Cars could be purchased after only 2.4 months of working...meanwhile in North America, corporations would see this as reason to jack up the prices and increase profits. God, I hate capitalism under the greed we see here.
@alexanderjohnson-outlaw1146
@alexanderjohnson-outlaw1146 4 месяца назад
Driving in my Toyota as i watch this
@Admiralsaxty9
@Admiralsaxty9 4 месяца назад
Godspeed, Japan. I hope that their legendary reputation of endurance, quality, and innovation again carries them (and the rest of the world) into a new golden age.
@flash8375
@flash8375 4 месяца назад
AAAAAAND HERE…. WE…. GO
@StevenSiew2
@StevenSiew2 4 месяца назад
Self deletion? You are killing me here!
@JLo83
@JLo83 4 месяца назад
No, youtube is. They're the ones who will demonetize him for saying the actual word.
@tachikaze222
@tachikaze222 4 месяца назад
45:18 Japanese have ¥200 trillion in their Post Bank alone . . . interest rates are very near zero but not negative
@ebonyharris2263
@ebonyharris2263 4 месяца назад
Tariffs and sanctions worked very well for the US. It saved the US semiconductor industry and now Toyota is more of a American company than Japanese most of their vehicles are made in America so yes Tariffs and Sanctions work for America and we need more against China and Russia
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