Why has the Japanese economy remained stagnate for 25 years? It has the same GDP and GDP per capita (actually kind of less) as it did in 1995.
Why has the Japanese economy remained stagnate for 25 years?
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And it is still the third largest economy in the world.
It's not that it's shit now, it just means Japan was an absolute economic fucking monster during the 80s and early 90s.
>NOOO YOU ARE SUPPOSED TO BECOME RICHER AND RICHER ON PAPERRRRR GDB GOES BRRRRRRR
>NOOO IT DOESNT MATTER IF YOUR ECONOMY IS ACTUALLY GETTING RICHERRRRR IT JUST NEEDS TO GET RICHER ON PAPPPERRRRRR NOOOOOO
Don't care. Japan is safer, cleaner, better in every way compared to the USA.
Lies, damn lies, and statistics.
Japan's recent GDP growth appears minimal when examined in terms of current US dollars. When adjusted for Japan's low to negative inflation rates of the last 25-30 years, its economic performance is much better.
Demographics is obviously a big factor too. Slow population growth equals slow GDP growth (less additional workers to produce goods and services). However, output per working-age adult in Japan grew faster than in the United States around 2000-2015, and at that point, measure from 1990 to 2015, growth rates between the US and Japan look similar (and Japan actually did better than Europe). I don't know about more recent stats from the last 6 or 7 years.
The first reply destoyed all your cope.
Their stagnancy is not unique in the case that every other European economies had also become stagnant after 2008. Only the US had somehow recovered after 2008 and continued to grow at a steady pace.
You'll die of peak oil regardless, also living standards peaked in 1900.
No such thing as peak oil. Any market failure is purely political.
Well done jidf.
It's just a fact dude, the reason the oil prices are fucked is because of the Covid pandemic and Russias invasion of Ukraine, and not because we are running out of oil.
>economic growth at the cost of environmental degradation and shittier working conditions and mental health is a good thing
GDP fags need the rope.
The average age in Japan and Europe is 50 60 y/o. Europeans and the Japanese are mostly retirees now but they still mog everyone
Modern Capitalist economies all have massive demographic problems. The West got around it by importing a gazillion brown immigrants. Japan was the one place that didn't go along with that and this is the result
>and this is the result
The result is not having fake on-paper "growth"? You cares? Why do you guys keep insisting on looking at GDP per capita instead of just looking at the country itself?
I would rather be born in a random Japanese family than a random American family. No matter how many times you point out Japanese GDP per capita, this fact will not change. Japan is much safer, cleaner and better than USA. Perpetual growth does not exist. It's not real. And it's not realistic either.
Well I think its dumb, but its undeniable that our economies are based around the idea of growth at all costs
You're right, they are. And when our economies "grow" in theory but not in practice, we get recessions. People are always looking to make money quick. The majority of the wealth in the stock markets is fictitious.
You're a retarded nagger, never post again
Thank you, very compelling post
They just started to print money like the West with no rhyme or reason.
Actually, the reason might have been that, while copying the economic system from the west they should easily maintain their current status - no fireworks but not much risk of losing their position either.
read Princes Of The Yen.
America is much richer yet feels much more like a third world country than Japan. Come to think of it this is also true with Saudi Arabia and the UAE. Money does not make one civilized.
THE GRAPH ISN'T GOING UP
I'M GOING INSANE