Japan is sinking more and more

[terranMarine]

 

[Reashot Xigwin]

Don't they already make a movie about this?

 

[suresh anil]

so is china

 

[ephone]

Good for the japs. On the contrary, China will be on earth for the long time coming.

 

[IBRIS]

Good for the japs. On the contrary, China will be on earth for the long time coming.

don't be so sure, global warming is changing the atmosphere of our planet. Who knows once the masses start their mass migration from coastlines. China will remain as China, changing climate is becoming more unpredictable and violent rapidly. You certainly not going to sit idle either.

 

[ephone]

Everyone will be impacted but japs will be among the ones that got the worst hit.

If China does not stand, nobody will.

 

[cirr]

Another 20 lost years for Japan ahead。

Why？Simple：

（1）government debt at 240% of GDP thanks to past QEs（to wake up the economy from slumber，FAILED）
（2）zero interests（otherwise the government couldn't even afford the interest bill）
（3）zero real growth and negative nominal growth
（4）a fast-aging population
（5）a fast-rising China

Save a massive depreciation in the value of yen，Japan is totally Fcuked！But a much--weakened yen means much higher inflation which demands correspondingly higher interests，leaving the goverment with an annual interest bill of some 500 billion US dollars assuming interest levels of circa 3.5%。

In short，Japan is stuck between a rock and a hard place。There is absolutely NO WAY out。

 

[SinoChallenger]

Another 20 lost years for Japan ahead。

Why？Simple：

（1）government debt at 240% of GDP thanks to past QEs（to wake up the economy from slumber，FAILED）
（2）zero interests（otherwise the government couldn't even afford the interest bill）
（3）zero real growth and negative nominal growth
（4）a fast-aging population
（5）a fast-rising China

Save a massive depreciation in the value of yen，Japan is totally Fcuked！But a much--weakened yen means much higher inflation which demands correspondingly higher interests，leaving the goverment with an annual interest bill of some 500 billion US dollars assuming interest levels of circa 3.5%。

In short，Japan is stuck between a rock and a hard place。There is absolutely NO WAY out。

There is one way. Rapidly militarize Japan and invade Taiwan, mainland China, Philippines and so on. The Japanese right wing recognize this.

 

[terranMarine]

There is one way. Rapidly militarize Japan and invade Taiwan, mainland China, Philippines and so on. The Japanese right wing recognize this.

You are asking too much from Japan.

 

[cnleio]

Come on, all islands r sinking... i mean sea level has always been rising.

 

[Avalonia]

if sea level rises, China's delta regions(which are important for their economy) will sink first.

 

[senheiser]

Another 20 lost years for Japan ahead。

Why？Simple：

（1）government debt at 240% of GDP thanks to past QEs（to wake up the economy from slumber，FAILED）
（2）zero interests（otherwise the government couldn't even afford the interest bill）
（3）zero real growth and negative nominal growth
（4）a fast-aging population
（5）a fast-rising China

Save a massive depreciation in the value of yen，Japan is totally Fcuked！But a much--weakened yen means much higher inflation which demands correspondingly higher interests，leaving the goverment with an annual interest bill of some 500 billion US dollars assuming interest levels of circa 3.5%。

In short，Japan is stuck between a rock and a hard place。There is absolutely NO WAY out。

yet they are still richer than chinese per capita and as rich as germans in nominal. The 240% is also mostly debt made in the country and not to foreigners. They have 1 trillion reserves and still have a strong industry.

 

[cirr]

yet they are still richer than chinese per capita and as rich as germans in nominal. The 240% is also mostly debt made in the country and not to foreigners. They have 1 trillion reserves and still have a strong industry.

(1) Yes they are. And they have been for the last two-hundred years or so. So what? China had been a far more prosperous nation than Japan for the major part of the last 3 millinia: 2800 out of 3000 years. And It will again donimate over Japan in the not-too-distant future.

(2) It does not matter who holds the debt. The goverment still has to pay interests on the outstanding bonds the amount of which are still climing inexorably, probably even more so now than Abe has been elected the PM who advocates an expansionist monetary plocy. The mounting debt servicing cost will drain the government's limited fiscal resources. That's why today's Japan finds it difficult to locate the resources required to build a mere 6 patrol ships for the Diaoyu Islands while China at the same time is building on a scale that's several times Japan's.

(3) The yen has depreciated vs the dollar by about 10% since October. As I see it, a much steep depreciation is the ONLY way out for Japan if it wants to see a moderate 2-3% growth of any consistency during our life time(hoho...I am NOT kiddig), with the result that the goverment be forced to pay hundreds of billions dollars in debt interests. Then again would the Japan's colonial Master the US allow such?

In short, Japan is stuck in a rock and a hard place.