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Bangladesh’s to overcome economic crisis by 2026: PM Hasina

The economic crisis will occur in Europe, Europe and Japan will be very miserable! The economic center will accelerate its shift to Asia.
The economic center is already tilting to Asia. But, Japan has been the pivot of industrialization for more more than 150 years. It is the first country in Asia that successfully developed itself and its standard of living is now higher than many European countries.

Its people still remain hard working. It is losing some market to Chinese products only because these are made cheaper in China. The labor costs are much lower in China than they are in Japan.

Japan is an unsinkable ship in an Ocean.
 
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The economic center is already tilting to Asia. But, Japan has been the pivot of industrialization for more more than 150 years. It is the first country in Asia that successfully developed itself and its standard of living is higher than many European countries.

Its people still remain hard working. It is losing some market to Chinese products only because these are made cheaper in China. The labor costs are much lower in China than they are in Japan.

Japan is an unsinkable ship in an Ocean.
Only automobiles are left in the Japanese industry.
 
Only automobiles are left in the Japanese industry.
But, Japan has all the high technologies held by its many companies. We have to see what happens now because the Japanese Yen has become cheaper.
 
US Dollar might will keep US at the top of the pile.

China doesn’t pose an economic threat because it cannot attract foreign talent or capital flight.

That’s because USA, for all its fault, will not arbitrarily confiscate wealth or police creativity.

To be truly great you have to attract the best talent.

U.K. and USA still monopolise the world’s best talent.

China will probably peak at 25 thousand dollars per capita.

That will indeed make it a peer of USA but not enough to displace it.

To be a 40k per capita country (except oil countries) - you need true freedom and discourse.

China will never allow that level of discourse because of the risk to its cohesion.
The United States and Britain confiscated Russian private property.China has been reforming all the time. The West has its own problems, but they are conceited and complacent and do not change.
 
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America looks good through the media! But after a rate hike this year, about $1 trillion in interest will have to be paid. The US national debt will continue to increase in the future!
But, will the US govt pay the interest money to the depositors? Certainly not. It is the banks that will lend money at higher interest rates and pay back the interest money to the depositors received from the borrowing companies and real estate owners.

The US national debts increase because of trade deficits it has with the world, especially China. But, note that even China lends money to the USA because it is safer in America than it is in China.
 
But, Japan has all the high technologies held by its many companies. We have to see what happens now because the Japanese Yen has become cheaper.
Japan has very little high tech.

It tried to get into the semiconductor business by buying Britain’s ARM. That proved to be disastrous.

Its car industry is pedestrian. Germany still makes the best cars. Super rich want German cars not Japanese cars.
 
Japan has very little high tech.

It tried to get into the semiconductor business by buying Britain’s ARM. That proved to be disastrous.

Its car industry is pedestrian. Germany still makes the best cars. Super rich want German cars not Japanese cars.
"Japan has very little high tech"

I know you and NillAkash Bhai have this comedic duo feud going on, while I certainly don't put Japan or any country on a pedestal (unlike this certain someone), your description of Japan is also fairly hilarious. I really hope (for your benefit), it's just trolling.

"it tried to get into the semiconductor business by buying British ARM"

Technological leads are periodical. And Japan is no exception. Still, understating the Japanese contribution to the semiconductor industry makes you appear like every other random guy from the internet picking up random snapshots from history to draw hilarious conclusions to suit their own personal prejudices. The UK also failed at growing semiconductor manufacturing (FYI, ARM spends more time suing other people over IP than actually inventing/making things, the only area of British competency left these days). Look at Siemens FAB disaster in the North East in the late 90s. Closing down mere 15 months after the operation, failing every attempt at reviving. Siemens even close Vietnam over them LMFAO. And God knows how much industrial rejuvenation the North East Sh*thole needed (still needs)!

Japan has very little high tech.

It tried to get into the semiconductor business by buying Britain’s ARM. That proved to be disastrous.

Its car industry is pedestrian. Germany still makes the best cars. Super rich want German cars not Japanese cars.
FYI, brief history of Semiconductors...

In 1978, 70% of the world's lithography machines came from American suppliers. Just 7 years later, just two Japanese companies (Canon and Nikon) had a 70% global share of the market. One of the two American giants that lead the world had a loss of $100 million by 1986 due to Japanese competition. The other withdraw from the market completely in 1989. By the late 80s, the American market share for every sector of the semiconductor industry collapsed. Though a lot of the technology was initially pioneered in the west, the Japanese mastered it and simply did everything better than their western counterparts. Japanese production/manufacturing management (virtually emulated by everyone else later on) also gave them a distinct advantage. Even as early as 1980, a HP study found American firms had 6 times more errors than the worst Japanese firms. Japanese yields were 70-80% vs 55% top on the American. And the Japanese were cheaper.

By your definition, America must be technologically backward. Japan was once the only player in the lithography field. But, as usual. every action has a reaction. Americans started asking fundamental questions; how they failed so badly? So they pounced back with ferocity and back near the top again (along with others in East Asia this time).

Mind you, the semiconductor industry was one of the only manufacturing industries the Americans managed a comeback. The rest (shipbuilding, automotive, industrial machinery) not so much. And you still can't really call them an absolute global leader anymore in lithography. South Korea is pretty up there. China will probably catch up within this decade.

Japan isn't the semiconductor powerhouse it once was, but it transitioned into a more hardware-orientated industrial base. It lags behind US and China in software tech (the EU is pretty much irelevent). But Japan still maintains the gold standards in advanced industrial, manufacturing, sensors, and scientific equipment. Japanese steel and metallurgy are also world-class. Not to mention their very capable and under-rated space industry.

At the very least, despite 30+ years of economic stagnation, Japan still maintains its industrial base. Whereas in your (and mine) country, industries crumble at a faster rate than anywhere else in the industrial west in the best of times, let alone tough times. If the UK was as innovative as it's perceived to be, that wouldn't happen. To stay in business, you must at least do one thing better than all of your competitors. And UK manufacturing firms don't really do anything better than anyone else. The UK is very good at academic research. But it's extremely poor at capturing that and utilizing that knowledge in growing (or even maintaining) industries! Japan is far, FAR better at that. And so are a lot of the UK's European piers. The UK actually resembles some aspects of the Soviet Union. Very good at theoritical research. Bad at implementing those research into the industry, due to the backward ways their industries are run.

One has to go outside and count the things of Japanese origin vs British ones, within the United Cuckdome itself. I only have to look outside my office to see this. There's that Hitachi mobile crane, the Hitachi Scanning Electron Microscope in my lab (far better than the cranky unreliable Oxford Instruments crap we owned), Toyota folk lift trucks, Japanese cars at our car parks, a Hitachi MRI machine used in our local hospital, Azuma high-speed trains, or the I can go on and on...

It really depends on what you consider "taknology".

This Japanese worship from NilAkash bhai is cringy as ****. He acts like a Japanese ultra-nationalists, the same sort of people who would like at him (or me or you for that matter) as if he crawled out of a sewer. East Asian nationalists have a massive sense of disgust for South Asians. It's not even hatred (as you do with your pier rival), it's pure disgust.

But he has a point when he says Bangladeshis are among the last group of people on earth to lecture others on technology and industry. If the Bangladeshi diaspora played a meaningful part in the said industries in the advanced developed countries, you may have a point. But they don't. It's very hard to find a Bengali in a semiconductor R&D lab. Very common to find them in kitchens, or behind a Toyota Prius however. Focus on bridging the colossal educational and economic gap between certain another South Asian diaspora first...
 
Japan has very little high tech.

It tried to get into the semiconductor business by buying Britain’s ARM. That proved to be disastrous.

Its car industry is pedestrian. Germany still makes the best cars. Super rich want German cars not Japanese cars.

"its car industry is pedestrian, super rich want German cars not Japanese"

Funny you say that. It's usually the most economically deprived least educated ethnic enclave (we all know of which type) sh*tholes of East London, Luton, Oldham, Bradford, Alum Rock, Bolton, etc, have the highest BMW (borrow man wheels), Audi's, Mercs per capita. Whereas middle-class neighborhoods tend to be a bit more diverse. I live near Sandbanks. You see the occasional Lambo, Bently's, and Range Rovers. But you'd be surprised by the number of millionaire mansions with "normal" cars parked outside them. It's the same case in the US. Not all rich people behave like curry tycoons from the west midlands. Generally speaking, financially comfortable people tend not to flaunt their wealth that much, or invest in endless money pits, like most German luxury cars. At least not the clever ones. It's usually financially insecure with a fragile sense of masculinity that feels a primal need to flaunt their wealth in a vulgar manner. German cars are well optimised for that.

I'm told market research found that possessing an AMG, RS, or M badge makes you 76% more attractive to your female cousin in certain parts of town. The Germans certainly know their target audience well.

We should all aspire to pose around hired Lamborghinis and Bently's like the superrich Moulvibazaar/Mirpur boys!

Goofing aside, having worked in the German automotive industry (in Germany), I have certainly found cultural competencies and limitations.

I'd say Germans, when confronted with a problem, tend to dismiss all existing solutions as silly. They invent something completely new and novel. The end product ends up being perfect in precisely ONE dimension, at the cost of everything else. They also tend to over-engineer for no reason. I'm not completely knocking it, it has its place. Germany produced the likes of Dr. Ferdinand Piech, who I consider one of the finest brains in the auto industry.

I'd describe high-performance luxury German cars as thoroughbred racehorses. Under the most perfect conditions and pampering, it'll outrun everything else. But when things get a little less ideal, it suffers. And it spends most of its time at the stables being pampered. Japanese cars are more like war horses. It can perform 90% as well as the racehorse but under any condition. Rain, snow, mud, under fire, etc etc.

In other words, one is a toy for people who watch too much Top Gear. The other is a real car designed to work in the world world. It's Japanese cars that move more people and goods around the world than any other. If you want to attract your female cousin in Bethnal Green, you'd buy a Range Rover. If you're the UN and want the world's most dependable vehicle, you'd choose a Land Cruiser. A Range Rover looks better on paper. But I dare you to trust your life with it in the Australian Outback. Actually, you can't even count on a Range Rover keeping it together in mild English countryside, they are amongst the worst built/engineered cars in the road. The Japanese sell you actual mechanical quality. Germans and Brits sell you perceived quality. Expensive feeling interior, yet crappy cheap low-quality plastics in the engine bay (BMW).

Unlike Europeans, the Japanese view reliability and longevity as inherent parts of quality. A car should look after the owner, not the other way around. It's also why Japanese interiors often feel "cheaper" than their European counterpart. Yet they last far better over time. Engineered for longevity vs engineered for flexing. I rather have cheaper feeling plastics than cheap BMW intake manifolds!

This is why my 2006 GS450H (my first car) aged far better than a friend's 2012 535D with TWICE millage and far fewer repairs. When they both came out, the Beemer pimpmobile sold much better than the re-badged Toyota (at least in Europe). My Lexus hardly feels like an old car despite 145,000 miles. The beemer is literally falling apart lmao. And the Lexus is a more technologically advanced car with its complex hybrid powertrain, e-CVT gearbox, etc. More things to go wrong, in theory. Yet like every other Toyota product, it lasts. BMW can't even make a reliable hatchback! Japanese cars just age far, FAR better. Much like their women :P

If I had to buy a new luxury car, I'd rather go to Lexus than a German. Life is too short to waste money on maintaining fragile European cars. Besides, Lexus is far better built, with materials, build, and NVH levels that are only below the likes of Bently and Rolls Royce. It's the product of all the R&D and engineering know-how of the world's largest automaker.

It was the Japanese (Toyota and Lexus in particular) that forced everyone else to improve. They simply could not compete if they didn't up their game in technology/quality. They were absolutely killing it in the 80s and 90s. Japanese economic stagnation forced a lot of firms to play safe and sell pedestrian models. They were overtaken by the VW group but regained their position as the no1 automotive nation on earth. Toyota is in a revival period. They're winning in motorsports (5 wins at Le-mans, winning Dakar, winning WRC, winning lots of FIA GT racers, etc etc). It was a Toyota (TS050) that set the absolute lap record at Le-mans (Circuit de la Sarthe) circuit lmfao.
 
Does your fingers hurt writing all that crap?

There is a reason why Japan has a debt to gdp ratio of a banana republic.

It is no longer the cheapest supplier of mid market tat. China has taken its rice bowl.
 
Bangladesh’s to overcome economic crisis by 2026: PM Hasina
The economic problems will start in 2024 when BD pays $5 billion to the lenders and it will be more acute in 2026. But, Hasina Bibi is assuring us of a sweet future in 2026.
 
German cars : over engineered. Try replacing a $3 temperature sensor in a VW/ Audi. BMW just shud not be called luxury.
Lexus for me.
 
The economic problems will start in 2024 when BD pays $5 billion to the lenders and it will be more acute in 2026. But, Hasina Bibi is assuring us of a sweet future in 2026.

Your are again quoting 2029-2030’s estimate on 2024? How many times I need to correct you?
 
Your are again quoting 2029-2030’s estimate on 2024? How many times I need to correct you?
Are you already blind by crying continuously that you and your BAL party will be out of power in 2023?

Why are you talking about 2029-2030? Why beating about the bush? Where did I say this in my previous post?

Better, buy a plane ticket and leave the country. BAL has no other option than to accept a CT govt. But, since the country will face calamities in 2024, better you run away earlier.
 
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