It doesn’t matter how much wages go up. The price of everything will go up twice as fast. That is the problem everywhere, not just Japan. Congratulations! You are making ¥400,000/month now. Too bad it will soon cost ¥500,00/month to live a decent life and not just struggle to survive. Surviving isn’t living.
You obviously don’t know the importance of inflation. Yes too much inflation is bad but if you don’t have inflation, it means your economy is not growing and wages are not rising to boost people’s spending.
While Germany is suffering by being dependent on Russia's natural gas and energy and China's manufacture capability and market size, Japan is now experiencing a full coming back of semiconductors and manufacturing back thank to decoupling from China. Little experience of weka yen isn't that issues.
Japanese economy fell behind Germany because of currency depreciation not because of growth in German economy thats why ppp should be used for comparison.
@@SonnyDarvishzadeh I owned 5 VWs (including my first car) before two Toyotas. 2 VW beetles, transporter and 2 golfs. All great cars. But for dependability in today's driving conditions in the US Toyota has them beat. But I would not feel disadvantaged driving a VW.
@@god6384 VW was first to establish a world market for their cars early in their history. Air cooling made the cars popular in equatorial climates and the engines could be rebuilt with minimal equipment.
Japanese products are the best in the world. Visitors to Japan enjoy the most amazing sights, food, and experiences with unparalleled service and safety. Never made sense that they had a difficult economy. Glad to hear the Japanese are finally seeing some good economic news.
Actually Japanese products have stagnated. In the early 2000s, we had Japanese consumer electronics. Then, they became Korean. Now they're Chinese. And the Chinese now lead the world in EVs, 5G telecommunications, drones, high speed rail, batteries, e-commerce, logistics, and much more.
@@Western_Declinethat is true and it is also a matter of time when the other Asian countries follow suit and overtake. I don't know about high-speed rail, because from my perspective the only reason the Chinese really built that out is due to their huge population, the next country who will become Leading Edge is probably going to be india. Thailand and Vietnam have their own positive aspects as well.
The demographic structure of Japan is heavy at the top, meaning senior, retired people occupying a significant portion of the population. Inflation will not help them spend more domestically.
Japan being 4th best economy in the world despite all its pressures and the UK is 7-8th is truly amazing. We could learn a lot from them. It’s not surprise how they’re so successful given the work ethic of their people, it’s really the fruits of their labour and hard work earned honestly
And thats why all global investors especially Blackrock is shifting their investments to Japan. Pay attention to all Japanese digital investment projects, specially ones authorized by the Japanese Government.
A diferencia de lo que todos dicen... yo creo que Japón esta peor que nunca, depende muchísimo de la economía de Estados Unidos, desde que temino la II guerra mundial, con el dolar; tambien cuando Japón no tiene control total sobre su soberanía, sigue siendo un pais ocupado por los Estados Unidos, no les permiten tener su propio ejercito ni tampoco hacer alianzas comerciales y tecnologicas relevantes con China, que guste o no, ya es una super potencia industrial, economica, militar y politica. Y si Japón tuviera mas margen de maniobra en el tablero geopolitico, saben que les conviene fortalecer alianzas con China, para un ganar-ganar. Desde el punto de vista económico, si la reserva federal de Estados Unidos, cambia via tasas de interés o con otros metodos, afectan muchísimo a Japón sea negativa o "positivamente". Parece que ya se les olvido a los Japoneses, que parte de la genesis de su problematica económica, que es cronica, es por depender profundamente del sistema financiero Estadunidense. Tanto se han olvidado, que el primer ministro Kishida fue al congreso de Estados Unidos este año a realizar un discurso, que da a entender, que esta alineado a un modelo político y económico globalista-neoliberal y entreguista de su soberanía... esto ha hecho mucho daño a Japón. Ellos saben esto... pero Japón debe luchar para verdaderamente ser independiente y no dejar que otro gobierno extranjero meta sus narices en asuntos internos... esto es mi opinión y espero que se respete.
Climate change and rising sea levels will make properties in low lying areas and coastal areas impossible to insure. Banks will be reluctant to give a mortgage for 15 or 30 years because the property may be under water. Selling properties to average buyers will become impossible in the future as banks and mortgage companies stop making loans for these properties. Japan is a high risk nation for insurance and extreme weather like hurricanes. People will have to self insure and take the risk of loss. Condo associations are losing their insurance and if they find a new higher cost policy they will be passing on the higher costs to association members. Insurance companies will raise rates and pass on the costs and risks to policy holders. Japan has nuclear power plants along the shore line. These will be at risk from extreme weather and rising sea levels.
Japan needs more than 10 years of high inflation (5% to 10%) and a balanced budget in order to pay its debts. Otherwise it will suddenly collapse at some point.
Collapse of what? Their debt is almost all in yen, and almost all hold domestically. That's why despite huge debt to GDP ratio, their interest rate is near zero.
@@pedrolopes3542 you don't get it. They are the ones they owe it to, not their neighbors. Are you going to break your own leg to make you pay 😂 and the other thing is that this kind of reports don't show is the amount of assets Japan has. When you analyse a firm you have to look at the balance sheet as a whole, not just the amount of debt. And the proof of that is that the interest is as low as it has been. Japan has been in the down low for so long that people forget how much money they have.
Japan has been slow to adopt renewable energy and all electric vehicles. A island nation that has little natural resources importing fossil fuels seems foolish and expensive. Entrenched interests are holding Japan back. They need to adopt new technology, renewable energy and all electric BEV vehicles. Nokia and Kodak were slow to adopt new technology. They lost their leadership positions. Japan needs to wake up and realize there is a climate crisis.
FYI, all Japanese auto companies are making current gen battery factories in the US. Toyota and Panasonic owns huge portion of patent of next gen battery. In terms of autonomous driving, the ONLY open source software company is TIERIV, a Japanese one not the US or EU. I'm so sorry but it seems pretty much like Tesla is the new Nokia.
The problem with your argument is that customers are not buying it, literally. The fact that ev sales are decreasing and for some markets falling at this early stage means that they are not ready yet. Which is exactly what Toyota exCEO said. We will get there but not yet. In the meantime, we have to get better battery, better infrastructure, better recycling etc
With an ageing workforce and increasing competition in Asia (Korea, China, Vietnam, and Taiwan) Japanese better seriously up their English-proficiency game to compete, to attract top international talent and lower the brain drain. English-speaking Japanese Scientists, Engineers, and etc.. can earn 3x the salary abroad and Japanese SME's (the majority of Japanese mfrs.) without English proficiency can not offer their goods overseas. Japanese English levels have slipped below Malaysia, Vietnam, Pakistan and even Nepal!!! Yikes!
Serious question is why need to learn English when the all the competition happens in Asia? This sounds like as if the English manufactures were still relevant like 50 years ago. Look at the reality, European. You guys as not the center of economy.
It doesn’t matter how much wages go up. The price of everything will go up twice as fast. That is the problem everywhere, not just Japan. Congratulations! You are making ¥400,000/month now. Too bad it will soon cost ¥500,00/month to live a decent life and not just struggle to survive. Surviving isn’t living.
You obviously don’t know the importance of inflation. Yes too much inflation is bad but if you don’t have inflation, it means your economy is not growing and wages are not rising to boost people’s spending.
What a pity japan is in wrong side of its history. It doesn't have any pride on its country beside a puppet of the USA, just like Germany.
Its funny how recent coverage describes German economy as slowing down and Japans economy as rising on the same year German economy surpassed Japan's
While Germany is suffering by being dependent on Russia's natural gas and energy and China's manufacture capability and market size, Japan is now experiencing a full coming back of semiconductors and manufacturing back thank to decoupling from China. Little experience of weka yen isn't that issues.
Japanese economy fell behind Germany because of currency depreciation not because of growth in German economy thats why ppp should be used for comparison.
@@jnfunvufb lfmao 'coming back' kkkk
@@KimTheJapHunter cringe username
What a pity japan is in wrong side of its history. It doesn't have any pride on its country beside a puppet of the USA, just like Germany.
Japan owes sll their success to Toyota. Best cars out there. Half the cars in California seem to be Toyota.
yeah just go to Nigeria like 85% are Toyotas lmao
I think in terms of revenue VW is first and Toyota second. But in terms of product quality, Toyota should still be number one.
@@SonnyDarvishzadeh I owned 5 VWs (including my first car) before two Toyotas. 2 VW beetles, transporter and 2 golfs. All great cars. But for dependability in today's driving conditions in the US Toyota has them beat. But I would not feel disadvantaged driving a VW.
@@god6384 VW was first to establish a world market for their cars early in their history. Air cooling made the cars popular in equatorial climates and the engines could be rebuilt with minimal equipment.
Come to India 50% of them are suzuki
Japanese products are the best in the world. Visitors to Japan enjoy the most amazing sights, food, and experiences with unparalleled service and safety. Never made sense that they had a difficult economy. Glad to hear the Japanese are finally seeing some good economic news.
And there’s a labor shortage which pushes wages up.
I sympathize with those thoughts. I just don't understand how those specific examples correlate to Japan's woes with a long-standing stagnate economy.
Actually Japanese products have stagnated. In the early 2000s, we had Japanese consumer electronics. Then, they became Korean. Now they're Chinese. And the Chinese now lead the world in EVs, 5G telecommunications, drones, high speed rail, batteries, e-commerce, logistics, and much more.
@@Western_Declinethat is true and it is also a matter of time when the other Asian countries follow suit and overtake. I don't know about high-speed rail, because from my perspective the only reason the Chinese really built that out is due to their huge population, the next country who will become Leading Edge is probably going to be india. Thailand and Vietnam have their own positive aspects as well.
What a pity japan is in wrong side of its history. It doesn't have any pride on its country beside a puppet of the USA, just like Germany.
The demographic structure of Japan is heavy at the top, meaning senior, retired people occupying a significant portion of the population. Inflation will not help them spend more domestically.
Hooray for Japan. A great people.
Is Germany now 3 rd largest economy ?🙄
Japan 4th?
Yes
Although if Japan grows this quater they will be back to the 3rd largest economy so Germany will have had a very short lived 1q in the number 3 spot
Because global GDP ranking is calculated in USD and Yen has been depreciating greatly for the past few years....
Not yet @@Charvak-Atheist
What a pity japan is in wrong side of its history. It doesn't have any pride on its country beside a puppet of the USA, just like Germany.
Japan being 4th best economy in the world despite all its pressures and the UK is 7-8th is truly amazing. We could learn a lot from them. It’s not surprise how they’re so successful given the work ethic of their people, it’s really the fruits of their labour and hard work earned honestly
Immigration destroyed UKs economy.
I heard (0:58) "over the next 700 years, at least", I was like damn the Japanese play the long game. 😂
It was "several" though, not "700".
Yeah, I was shocked lol
They really are on another lvl damn
What a pity japan is in wrong side of its history. It doesn't have any pride on its country beside a puppet of the USA, just like Germany.
And thats why all global investors especially Blackrock is shifting their investments to Japan. Pay attention to all Japanese digital investment projects, specially ones authorized by the Japanese Government.
Japanese wages increase by 3.6%, but yen value drop 50% 😂
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
With the jpy getting crushed, they have raise wages
This Japanese guy speaks the most incomprehensible English ever wtf
I’d say his speaking level is higher than the average Japanese.
Open cc
He has a heavy accent but his English is quite good
This guy lied on his resume.
I think it was I good interview.
Interesting... A confluence has been and continues to occur.
Ultimately elephant will rise and challenge the dragon sooner or later❤
Had to turn on Subtitles, not used to his Accent but am slowly adjusting.
Why not ? Othani from the Dodgers get 700 millions to play baseball
ようやく。。。インフレっていうほど悪くないのに机上の空論で学んだお偉いさんがたがリスク気にしすぎたせいです。
Make bold again
After 40 years of 🇺🇸 keeping them in recessions.😂
Congrats 🇯🇵 🙏🏻
A diferencia de lo que todos dicen... yo creo que Japón esta peor que nunca, depende muchísimo de la economía de Estados Unidos, desde que temino la II guerra mundial, con el dolar; tambien cuando Japón no tiene control total sobre su soberanía, sigue siendo un pais ocupado por los Estados Unidos, no les permiten tener su propio ejercito ni tampoco hacer alianzas comerciales y tecnologicas relevantes con China, que guste o no, ya es una super potencia industrial, economica, militar y politica. Y si Japón tuviera mas margen de maniobra en el tablero geopolitico, saben que les conviene fortalecer alianzas con China, para un ganar-ganar.
Desde el punto de vista económico, si la reserva federal de Estados Unidos, cambia via tasas de interés o con otros metodos, afectan muchísimo a Japón sea negativa o "positivamente". Parece que ya se les olvido a los Japoneses, que parte de la genesis de su problematica económica, que es cronica, es por depender profundamente del sistema financiero Estadunidense. Tanto se han olvidado, que el primer ministro Kishida fue al congreso de Estados Unidos este año a realizar un discurso, que da a entender, que esta alineado a un modelo político y económico globalista-neoliberal y entreguista de su soberanía... esto ha hecho mucho daño a Japón.
Ellos saben esto... pero Japón debe luchar para verdaderamente ser independiente y no dejar que otro gobierno extranjero meta sus narices en asuntos internos... esto es mi opinión y espero que se respete.
Climate change and rising sea levels will make properties in low lying areas and coastal areas impossible to insure. Banks will be reluctant to give a mortgage for 15 or 30 years because the property may be under water. Selling properties to average buyers will become impossible in the future as banks and mortgage companies stop making loans for these properties. Japan is a high risk nation for insurance and extreme weather like hurricanes. People will have to self insure and take the risk of loss. Condo associations are losing their insurance and if they find a new higher cost policy they will be passing on the higher costs to association members. Insurance companies will raise rates and pass on the costs and risks to policy holders. Japan has nuclear power plants along the shore line. These will be at risk from extreme weather and rising sea levels.
Japan needs more than 10 years of high inflation (5% to 10%) and a balanced budget in order to pay its debts. Otherwise it will suddenly collapse at some point.
Collapse of what? Their debt is almost all in yen, and almost all hold domestically. That's why despite huge debt to GDP ratio, their interest rate is near zero.
@@user-gv3lk5of3v debts still need to be paid even if you owe that money to your neighbor.
@@pedrolopes3542 you don't get it. They are the ones they owe it to, not their neighbors. Are you going to break your own leg to make you pay 😂 and the other thing is that this kind of reports don't show is the amount of assets Japan has. When you analyse a firm you have to look at the balance sheet as a whole, not just the amount of debt. And the proof of that is that the interest is as low as it has been. Japan has been in the down low for so long that people forget how much money they have.
Crisis is everywhere but Japanese 🇯🇵 are going to be ok because they're smart
Japan has too much debt
Yes, too much for its own citizens than outside.
So, not big deal in surface.
this guy needs subtitles
his english omg but ok understandable
I know this is out of context and does not matter, but i just love Japan axent in english. Such a different languages. Facinating.
its hard to understand his english accent😅
Engrish
Yujiro hanma
Now they can afford to has beans with their rice and fish
Keep falling. As japan has no capability to raise interest rate any further and no capability to sell US treasury to protect its own currency.
im japanese so it is good for me
Why ?
@@Charvak-Atheistsorry I mistaked
Japan has been slow to adopt renewable energy and all electric vehicles.
A island nation that has little natural resources importing fossil fuels seems foolish and expensive.
Entrenched interests are holding Japan back. They need to adopt new technology, renewable energy and all electric BEV vehicles.
Nokia and Kodak were slow to adopt new technology. They lost their leadership positions. Japan needs to wake up and realize there is a climate crisis.
FYI, all Japanese auto companies are making current gen battery factories in the US. Toyota and Panasonic owns huge portion of patent of next gen battery. In terms of autonomous driving, the ONLY open source software company is TIERIV, a Japanese one not the US or EU.
I'm so sorry but it seems pretty much like Tesla is the new Nokia.
The problem with your argument is that customers are not buying it, literally. The fact that ev sales are decreasing and for some markets falling at this early stage means that they are not ready yet. Which is exactly what Toyota exCEO said. We will get there but not yet. In the meantime, we have to get better battery, better infrastructure, better recycling etc
This Japanese eats too much fushkima fish.
With an ageing workforce and increasing competition in Asia (Korea, China, Vietnam, and Taiwan) Japanese better seriously up their English-proficiency game to compete, to attract top international talent and lower the brain drain. English-speaking Japanese Scientists, Engineers, and etc.. can earn 3x the salary abroad and Japanese SME's (the majority of Japanese mfrs.) without English proficiency can not offer their goods overseas. Japanese English levels have slipped below Malaysia, Vietnam, Pakistan and even Nepal!!! Yikes!
Serious question is why need to learn English when the all the competition happens in Asia? This sounds like as if the English manufactures were still relevant like 50 years ago. Look at the reality, European. You guys as not the center of economy.
😅
Unless they allow largely unrestricted immigration this won't last long.
he is lying. Prices will rise. Wages will not increase. Please continue the lie.
But Japan Economy is larger than russia😂😂
@Mohamad-mi2tiIt's larger than Britain's. Only the other 3 are larger than it