How did Japan go from being this terrifying economic competitor in the 70s-80s that would drown us all to being frozen in a permanent recession with 0.9 birthrates?
What went wrong?
Gabriel Reyes
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Jaxon Gray
You want the answer: Too much centralization and close cooperation between the government and zaibatsu (industrial conglomerates). It basically proved that socialism doesn't work, at least not for very long anyway.
Ayden Adams
>How did Japan go from being this terrifying economic competitor in the 70s-80s that would drown us all to being frozen in a permanent recession with 0.9 birthrates?
You killed them with the Plaza Accords, you dumbos.
Carson Adams
What's going on in Japan right now? It seems that Abe is going through a major scandal.
Austin Roberts
Confucianism
College exam suicides, salarymen working to death and millions of permanent young neets are all because of Confucian social structure
Joseph Price
Basically, they were able to produce higher quality products at lower price. As other countries started to lose market share due to it, their companies took the Japanese production style to produce high quality products as well, putting Japan on the same footing as everyone else. Their main competitive advantage disappeared
Asher Reyes
Japanese Millenials decided that working 20 hour days like their parents and grandparents wasn't worth it, so they just tuned out and became slackers who spend all day downloading hentai.
Oliver Anderson
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Hunter Lewis
I think their population just reached carrying capacity. I mean Japan isn't that large of a country and their cities are so densely populated that it was expected. It's not like China where they have a lot of room to grow - this was bound to happen to Japan.
Fortunately I think the Japanese government is aware enough to reject migrants and instead turn towards automation to augment their economy. I wish them the best, they seem pretty red-pilled on Islam as is.
Owen Watson
you didn't kill them with the plaza accord per se. you did however made them join the plaza accord which in turn made them create policy which created the asset bubble.
so, it's kind of like you made them join your club then the japanese set the clubhouse on fire with themselves in it.