Yes. It has challenges but the already established development, including world class infrastructure, joined with a renewed focus on competition and government policies , may help them to be on top again
Hahaha, Southeast Asians do not have to worry about Japan or Korea. They are living better than you. Are the Japanese or Koreans depressed? Then are Cambodia or the Philippines happy? The Korean population is 50 million, but more than 30 million people travel abroad every year. The number one visitor to France is Koreans. Japan, Thailand, Vietnam, and the Philippines also have the number of Korean tourists in the world. Japan has a population of more than 100 million, and even if it does not export, it can make a living in the domestic market alone. Are people who don't have money and are depressed like this? 😅😅😅
Japan's economy has been stagnant and its birthrates have been declining for the past three decades, yet its standards of living, from high welfare to low crime, from low costs and high affordability in everything from healthcare to housing, remain among the best in the world. A more free-thinking and less ideologically inclined person would look at this and consider that perhaps perpetual growth isn't necessary for a good society; that perhaps proponents of degrowth, many of whom espouse degrowth precisely because of the surprisingly positive Japanese experience, have a point. But I guess you're just not that person. Too bad, not least since a channel that focuses on Asia could stand to be a little less Eurocentric.
What are you even talking about? You had a good trip to Japan so now you believe that because Japan is clean and aafe, economy doesn’t matter? What about the masses of people who work all day, have super low wages, live in 25sqm apartments, cannot afford to raise kids, don’t have time to date, oppressed by the work culture, have no prospect of going up and no hope for improving their lives in any way. An open minded person would consider these tragical cultural, economical, and societal catastrophes, too.
@@Kopefulfill Tatsache ist, dass Japan weniger Stunden arbeitet als die USA, eine niedrigere Selbstmordrate und viel niedrigere Gesundheitskosten hat als die USA, lol. Niedrigere Löhne? Die Lebenshaltungskosten sind sogar noch niedriger als dort. Ich bin aus den USA nach Japan gezogen, und die Lebensqualität in Japan ist bei weitem höher, es sei denn, man ist ein paar reiche Leute. Nun, es ist nicht so, dass Japan besser ist, es ist nur so, dass die USA und jetzt auch Europa zu schlecht sind.
My wife lived in Japan for 12 years. The deprivation she saw in Germany, France, and the UK is not even close to the worst areas of Japan. Actually, if you visit Japan's poorest areas, they look average relative to European. GDP and GDP per capita themselfs do not say much because it needs to be inflation-adjusted and still needs to take inequality into consideration. An interesting fact is that recently, both exports, current account, and the public pension fund earnings hit all-time records.
@@kageyamareijikunTo be fair, most countries that top lists like 'The quality of life index, happiness index etc are always European countries. Europe has many countries and Northern Nordic Europe are the countries that top most lists, followed by places like Switzerland, Luxemburg etc Japan is usually the Asian country highest on these lists.
@@WinterGK he tried to paint Europe like a pitiful poor-stricken place so I went along with him. Since Japan is a lot poorer than many Asian powers now like Korea, Hong Kong, Singapore and even Taiwan, by implication, Europe is far below Asia since Japan now is the dead economy of Asia.
I don't think Japan has become poor but it can be said that the Japanese economy is stagnant. The reason is clear. This is because the government has been increasing taxes and social security costs every year in preparation for an aging society. As a result, disposable income was reduced and consumer spending was suppressed. As a result, deflation occurred. Even if we know that this is a problem, it is difficult for politicians to stop it since more than half of voters are over 50 years old.
Japan was a country that imitated China and Korea in ancient times, and in modern times, it quickly copied the United States and Europe and colonized Asia, and was lucky enough to achieve economic growth. In the 21st century, when such strategies no longer work, it is simply returning to its original place.
There is no such thing as infinite growth. Even if we lose out to other countries and become poor, as long as we can live happily, that is all that matters. Material success is not everything in life. Innovation is probably necessary by nature, but, well, I guess it is important to cultivate an environment and capital that allows for innovation in a patient manner.
This reminds me of back in the late 80s when the New York Times would report that the US trade deficit with Japan had increased in dollars without mentioning that it had gone down when measured in yen because the dollar was going down. People see what they want to see.
On paper it may look “poor” due to weakening Yen, but surprisingly Japan is a very affordable place to live (more so if one earns in USD!), as the inflation is still reasonable compared to other countries. For example, I live in the outskirt of Tokyo and my entire monthly budget is USD 1,000 - that includes a rent for 50 sq m (500sq f) 2 bedroom apartment without sharing, daily groceries with healthy food options, utilities, mobile data, gym membership, and even a weekly dining at a restaurant, etc. The extensive public transportation network doesn’t make me need to own a car either. When I get sick, I could get a very decent quality medical care at a very nominal cost thanks to the universal health care system. I don’t think I could achieve the same level of lifestyle anywhere else in the world, at the same price tag. I know in some developing countries this is possible budget-wise but there may be a hygiene concerns and infrastructures issues like constant power/water cut etc., which are generally not an issue here. The video is correct about the aging population being a problem. Being a democratic country with a large share of senior population their opinions matter a lot, which may limit active social evolutions. It is changing though, as the social media allows youngsters to voice their opinions and influence among themselves, which previously had been heavily depended on one-sided old school media. The minimum wage has been steadily increasing in the last five years, and international workers are starting to be seen more so even in rural areas. Despite the economy not having the sense of full recovery yet, I do think the potential is still there.
@@isaacchai5660 to take note, our average income of average office worker is about $1500 per month and cost of living in Taipei is just 10-15% below Tokyo also take not, $500 for a flat in Taiepi, the quality of it wouldn't be good
Yen is just extremely undervalued because of policy difference between FED and Bank of Japan. It's not like yen is dropping because Japanese economy is in terrible shape. Japan has suffered from deflation in the last 30 years and now BoJ is trying to lower interest to solidify Japan's inflation trend. Yen will bounce back at some point. Germany overtook Japan in nominal GDP in 2023 but when it comes to real GDP growth per capita, Japan has been the third best among G7 after the US and Italy since the Covid.
I’m Japanese. I am not sure country is becoming poor, but the government raise tax for social welfares and pensions. The amount of money we receive from workplace is relatively declining. Private corporations are doing well, but the government is still shit.
You're not the only ones receiving such penalties right now, but weren't you willing to push for the weak yen and Abenomics to pursue export-led economic growth more than 10 years ago? lol
The average Japanese purchasing power level is the third level in East Asia, except for Hong Kong, and the actual salary level is likewise not the highest in Asia now. In the more than 70 years of post-war history, the full-fledged decline in nominal gdp over the past decade and the weakening of the yen are issues that cannot be washed away by just those excuses.
I'd rather be poor and homogeneous than like me in Australia, completely and utterly replaced and unable to recognise even the flags of your nation around you
Not the "best" because Korea is even better in those areas. Most Japanese can't afford to go anywhere or feel constrained due to high transport costs. Korean subways costs less than $1 for most trips and anyone can afford to go anywhere in Korea via public transport, including high speed rail. Medical standards are higher in Korea, too. Safety is about the same.
GDP PPP is for comparison between countries, real GDP is for comparisons over time, and real GDP PPP is for comparison between countries over time. The 30-year average for this last category sits at $38k, and in 2022 it was $34k. So much for the increasing purchasing power.
@user-rx2hx4ur8t Export is up,inflation is up which is good for Japan, capital formation is up,investment is up and technology patenting is up,resurgence of semiconductors, reembracing of military tech and readiness in advanced robotics and AI.
export is up,inflation is up which is good for Japan,capital formation is up,balance of payment is gazillion positive,technology patenting is up,resurgence of semiconductors,reinvention of military tech,readiness in robotics and AI.
The Americans know how to tame the Japanese Economy so that others csn grow. If it wrre not curbed Japans economy would have be an 8-9 trillion Dollar economy looking at their patents and the manufacturing they can do with their robots..and even without robots, their People are Hard Working enough to grind for longer hours to make their economy strong.
@doktorcito2629 not being able to afford plane tickets for my daughter to visit her grandma on the other side of the ocean (All on a semiconductor engineer salary)
In 1995, Japan almost reached the same GDP as the US. And now as 2025 is almost here, Japan us only the 4th largest economy and soon to be 5th largest. So yes, Japan has not just stagnated but also becoming less wealthy. Before the end of this decade they will be no. 5th and may be 6th or 7th by the end of 2040s.
I just came back from Japan. They worked hard and they saved a lot of monies. The big bump in 1995 in wealth was due to irrational speculation. It was not real. At one stage the land in the Tokyo imperial palace was worth more than the entire California. That is all speculation. The Japanese was forced by the USA to lower its interest rates in 1995 and this led to tremendous speculation. The Nikkei only reached the same index 30 years later. YIKES.
it doesn't matter a 4 trillion economy and a 33,000 dollar gdp per capita of japan is still one of the best economies in the world, the drop is insignificant as you see....
Poor with good social infrastructure. Trains and buses are plentiful and run on time. Housing is affordable. People have healthcare. The streets are clean. There are not many homeless. I would prefer this over trinkets.
Dear TAIWAN, JAPAN, S. KOREA, VENEZUELA, ARGENTINA, UKRAINE, GERMANY and PHILIPPINES: "To be an enemy of America can be dangerous, but to be a friend is fatal." 🗽🇺🇲☠️🇺🇲💀🇺🇲 - Henry Kissinger
It can be said that many of Japan's right-leaning people, who like it only by looking at superficial records, actually like the Plaza Accord. In fact, it was the most representative example of the US diplomatic pressure on Germany as well as Japan's, which was so good and easy to see, and Japan's export war was brought to a halt, but the yen's surge in value caused the per capita gdp to exceed $30k and reach $40k so rapidly, creating an optical illusion for many middle-aged Japanese people, and at the same time brought the means of self-comfort on the record.
Even though Japan is becoming "poorer", it has already developed a lot of infrastructure that can serve them well for the next century. Same can't be said about countries that are still poor hand have yet to develop their infrastructure.
How can a country become poor, when there is over tourism with 30 miliion avg every year. And even India overtake Japan as 4th largest economy, cleanliness will never 😂
The number of tourists in Japan was even smaller than that of Korea up until the early 2000s. Actually, what seems even less substantive is still the most important and key factor among many advanced countries in terms of total tourism income, which is quite disastrous because of the really boring and lost meaning as tourism, such as CVS tours, a several free tour, 100-yen shop tours, and capsule hotel stays. The number of tourists amounts to 25 to 30 million, but the number of total tourist is meaningless because most visitors are reluctant to spend big. Still, Japan just wants to become a second Thailand. Whether it is in the direction of pursuing all its capabilities through the tourism industry in the future, with throwing their doomed economic growth engines, technology and lack of preparation for the 4th industrial revolution
I don't think so, solely because almost its manufacturing companies are scattered around the world, even its financing companies. Fact is Japan had "invaded" us without knowing.
Japan is not a poor country. Japanese people are. They can't afford good food, nice car, comfortable home, and oversea trip, let alone luxury. Everything is so expensive in Japan for Japanese working class. But Japanese companies are soaring in stock price and Japanese government is spending money like there is no tomorrow. But poor Japanese people don't mean they are unhappy. They are healthy, well-educated, have plenty of jobs, and live in safe and stable society. They are safe and sound with high human development index. So, they will fare well for 21C in a slow but steady pace.
I wonder what Your definition of 'poor' is. I live in Japan for 7 years now and I don't see a lot of poverty, or people driving old shabby cars, or eating bad food etc. Housing and health care are the cheapest and best I have experienced so far. I am German and have also lived in Australia for many years. My quality of life is fair a bit better here. Friendly people, crime is invisible, it is safe to go anywhere at any time and general honesty. I wonder where Your 'observations' come from.
Japan hasn't for a matter of fact become already poor. It's a really rich nation North Korea, Indonesia, Iran, Cambodia, Laos is what you call poor and already poor
Japan had nominal per capita GDP of 44,000 dollars in 1995 but PPP per capita of just 23,000 dollars which shows how much expensive Japan was back then. 😳😳 That's why in those days Tokyo was consistently ranked as the most expensive city in the world.
In 20 years here, I haven't seen any major fluctuations and it seems still pretty stagnant. We've got the (over)tourism now and higher consumption tax rates which are regressive on the increasingly elderly population. We have inflation which is worse than it's made out to be. Some of the food/bev inflation is double-digit but the wages are nowhere near keeping up. It is still stable and safe here but tbh, it feels like a slow, but sure decline.
one good thing is they seem to be less depressed than S Korea these days, but the fire in the 90s has lost forever. I remember reading those comic books and playing toys made in Japan when I was in elementary school. Now the affections of Japan has fade away.
I can't deny the fact but , still I feel rich even though my pay is among the average in japan. I don't have to worry about going out and dine, getting high end service without worrying about money, going out, paying rent with single income , high end public transportation with out worrying about money, even iphone and other electronic devices are cheaper, first class healthcare almost free and many more.. Look if you're in japan and spend and enjoy in japan you don't have to worry about but but yes when you send back home the disposable income depreciate that's alone. Even though the country gets poor there will never be a traditional ly and technically advance country in the world as well as you can sleep outside getting and still don't have to worry even the females. So safe , sound , clean even though it's poor japan is japan.
All these statistics are completely worthless in understanding the real economic conditions. No Japan is not a "poor" country by any means and yes its a very very liveable country but there's aspects of Japan that are just dystopian and cannot be measured by these neoliberal bourgeoise metrics. Japan's inequality is creeping up, There's high levels of social stress and depression (Just take a look at the phenomena of Karoshi, Hikkikomori and Johatsu). Japan's economic structure is stagnant and old. Most of its corporations can be traced before WW2 and they're losing market share and profits. Recently inflation has crept up along with higher tax burden which is eroding Japanese workers savings. The lack of a new generation and inability to adjust or adapt to new market conditions means that within 5-10 years that the younger population will begin to look elsewhere for their careers putting more tax pressure on whoever remains there. One should not ignore these trends because they may not seem like much now but i remember when Canada and the UK were associated with Social democratic success and today people have had enough and want out.
Which country are you from to speak on Japan? I bet Americans underneath knows this very well how to tame economies and make it work for them. It is only the Weak who will be subdued not strong. Japan since WW2 loss was under Americsn Control and so it is rational to see why Japan isnt doing well. Isnt it funny that Toyota and Otherz couldnot do battery research as much as New Chinese Companies did? Is it the Americans noe trying to prop up China and then will wnat to take on China through India. 😂😂😂Such old school games are boring. They should fight like a MAN only if they are.. Economy doesnt mean a shit in todays terms as much as Human Resources do and Japan has got plenty of Human Resources to count on. But despite that, Japan isnt growing well. We all kmow the Narrative Propaganda... Isnt the same about China's consumption vis as vis India been made? I fact checked the amt of Good and Services Chinese People take vs India and found China's consumption is 3 times higher than Indis and surprisingly that isny enough for growth? China's economy since the last 3 years havr been in 18 trillion dollar.bracket and shall continue until America signals it right? You can do this to the stupid politicians who are maintaining countries but not people. This will be avenged. In the future.
@@deezeed2817 I'm an American working as an engineer in Japan and I can't afford plane tickets for my daughter to visit her family in the US. ... Japan is crazy poor
@priyanksaikia5549 This is a misleading form of economic narrative that tries to link Japan's problems to China's. Japan's market is relatively open, its economy is vulnerable to the impact of the international market, and policy adjustment is passive. China's economy is independent and its market management is gradually open, and the stock market cannot reflect the real situation of the economy. China's economy has been growing at a high speed, and the annual growth rate of 5% is equivalent to one trillion US dollars. In the face of short-term exchange rate fluctuations, China has always adjusted the RMB exchange rate within a reasonable range, which is why it seems that China's economy has stalled. This is because the yuan's exchange rate has increased from 6.5 in 2021 to 7.1 this year, and the yen has been appreciating since Japan signed the Plaza Accord, which has kept expanding amid the bubble economy. China could grow by $36 trillion in the next ten years on the domestic market alone, the so-called aging, population decline is to make people look more like they fit the same narrative form, as if China's population has suddenly dropped by about half from 1.4 billion.
It's over for Japan. Arrogance, complacency and corruption saturate their corporate and political arenas. RIP to Japan's global relevance. Being a US lapdog has its pitfalls.
Don't try to undermine it unnecessarily even if it is your home country. In reality, the US is actually Japan's economic and diplomatic owner from the past, now, and in the future. Also, there is little possibility that Japan will succeed in another reconstruction after the 21st century unless the US completely ends in all directions after the outbreak of WW III in the near future. It's natural to assume such a last-ditch scenario of humanity, which includes the assumption that Japan disappears before that
In order for the nonsense that Japan can rebuild great things through its people to be accepted as true, the US, which has already pursued Americanization since WW II and taught it how, is of course normal only if it has been rebuilt before them. lol
The Japanese are resilient people. They survived the devastation brought by the American Military Industrial Complex's dropping of two atomic bombs -- eventually killing more than a million of their innocent fellow citizens.
USA and Japan were in a war. That is it. Japan would have made the same against any other country if they had the technology. Ask the people from Nanjing.
Only recently did the government consider raising the income tax threshold which has been in place since 1995. This was a proposition made recently by minority party DPFP(Democratic party for the people). All the rest has been pushing to burden the people with more taxes. In 2026, they're literally about to tax everyone without a partner in support of the people who do when lower bottom are giving up on having relationships due to having little to no free income and time.
Their economy is less innovative. For example, they supply LCD screen to Apple because only them who can produce the LCD, but today South Korean produces QLED leaving LCD in dust.
lol QLED is LCD, what you talking about. Imo, it's about bad marketing and bad pricing, so that japan can't compete with other countries when it comes to something common that more countries can do
I thought it was a rich country that spent its money on infrastructure, medical and defense and very little on public education and services but with a large middle class and a large working poor class. These things are only exacerbated with the working poor class growing larger and the middle class having slipped to a “lower middle class”. I’ve been in Japan 30 years and things are stagnant and slowly but surely winding down .
The PPP system looks very flawed to me. According to what I have read, they use McDonalds Big macs as the main benchmark. I live in Norway where a McDonald worker has a much higher salary with benefits then compared to USA for example. Because everyone needs an adequate salary, so eating out is overall more expensive. The government also wants unhealthy food to have higher taxes to promote healthy eating. There are many reasons why something like a known fast food burger can vary in price that has nothing to do with peoples ability to buy food overall
Japan lost its pride & honor after Matthew Calbraith Perry's naval show of force. Japan lost its identity & prime after WWII to the US. Eventually after the war, they became top world economy and fell down after the 80's since the US wouldn't allow Japan to dominate the market.
The purchasing price parity graph is very telling... You can see by its very consistent increase that it's at the heart of its decision making for the economy. Nevertheless, the aging population and debt is a problem... That can be overcome with the right immigration policy. There really is now way around it except for this at this point. Otherwise it would be a waste to have invested - via debt mind you - into all of this vast infrastructure and then to have it become vastly unused because a population no longer exists to make good on such investment. But then... Robots and AI? 🤷♂️ Could be a solution also. The future is getting pretty interesting.
The video title is missleasing. It's not "Is Japan becoming a Poor Country?". That's inaccurate. *Japan is a Poor Country.* A 3rd world, poor country. The best indicator? A certain article from South China Morning Post (or SCMP for short) outright state that. I won't link the article ( Since RUclips have a habit at deleting comment with link), but I will leave the name of the article here for you to search for yourself: *Welcome to Tokyo: Asia's new sex tourism capital?*
@@PASSIONATEABOUTEMIGRATING it was reported in local Japanese media too about the sex tourism industry and how foreigners now make up majority of customers. Foreigners from China, Hong Kong and other Asian countries.
Japan only income now is tourism..Tonnes of tourist daily weekly monthly yearly and just implement taxes on all mean as volume is enough to have growth
Many people in this comment section, as well as other videos about Japan, would disagree with you, some who indirectly assert that it is the perfect society. However, I agree more with your statement. It's not possible for an economy that has had 30+ years of complete stagnation and 20+ years of ageing to be anymore rich than nations that have had stable economies and not too much ageing.
I actually wanted to get to know about your experiences in Japan, what the current trends (economic and social, such as the youth exiting Japan and the yen), and your personal opinions of Japan? This may appear as an intrusive question, but I am genuinely interested to know from someone who, for once, is not glamorizing Japan.
Japan has the world's worst ageing problem. 30% Japanese are 70 years old and older. The more people in social security, the less people working. This situation is getting worse every year. It is no way out. Birth rate is all time low. In the future, who can fix the problem? 😢
Korea will surpass Japan by old population ratio till about 2045 + Japans birth rate is comparable to countries like Italy or Spain and it’s not the lowest in the world (South Korea has the lowest).
@@isaacchai5660Japanese are staunchly against immigration. Even when they barely form 2% of the population like now. There are very fierce protests. They will not compromise any further.
Korea is not an exception to this problem. The decline in the birth rate and employment rate in Korea is relatively the same as in Japan. Japan, Korea, and China will continue to decline from now on.
@@khai96x That's what RUclips has become. A socialist platform where people are too scared to say anything offensive and the policy forces users make crap videos so majority of people just go straight to the comment section which is the best part of it, sadly.
@@thelastdefenderofcamelot5623 obviously the Chinese are much better off than the pinoy and endian. So what? the video is about japan economic. typical charlatan
The point that seems to be emphasised here is the significance of purchasing power parity, yet Japan's GDP (PPP) has been surpassed by Russia's with very similar population numbers but different demographical realities and the bleak future prospects that seem inevitable in the case of Japan regardless of the way in which you choose to assess their gross per capita.
Comparing education expenditure in 2024 to 2000, but ignoring the fact that 2020, 2022, and 2023 were all much higher, rendering 2024 more of an outlier. Similarly for public works.
japan was rising until US stepped in. the rest was history. taiwan is going toward more dire situation if taiwanese continues to allow US to hijack your country. Just look at ukraine
The reason why Japan is bound to fail is the same as the case of Britain and Germany. Both of these countries accumulated wealth through colonies and wars and developed through industry, but unlike the US and China, they failed in the 4th industrial revolution. They are countries that are intoxicated with their past glory and have no future.
during WW2, Japan invaded most of the countries in Asia. After getting the nuclear bomb from US, Japan signed the deal to give back all the land they invaded during WW2 back to the original owners. When Japan was retreating, they took all the gold, jewelry, and money from all the countries they invaded like Korea, Taiwan, Thailand, Philippines, Singapore and so on to back to Japan. This gave them a huge economic boom. they were able to start business like Toyota, Sony, Honda, Yamaha and so on in which gave them the top lead in 1980s.
And the KMT stole about 200 tons of Chinese gold reserves and had them shipped to Taiwan. There are no artifacts in Japanese museums that indicate that it was stolen. What did we steal exactly?
This is completely false information. The beginning of management of Toyota and other companies has nothing to do with the war. You are a propagandist and anti-Japanese person who spreads false information to criticize Japan.
I know you are Korean. Did Japan steal the assets of other countries? Japan returned them. As for Korea, Japan has provided 74 trillion yen in aid to Korea, and provided technology in the 1990s.
Do you think Japan's economy is actually doing good?
For the regular person, it's terrible
No it's not.
@@JCSY1 then move to Japan and work for a Japanese company
Yes. It has challenges but the already established development, including world class infrastructure, joined with a renewed focus on competition and government policies , may help them to be on top again
@gerhard589 Why should I? It's sunset. One should go for Sunrise instead.
Japan got screwed by the Plaza Accords period!
Japan's politicians thought it would be in their own interest, they were not forced in to it.
@@litote9😂😂😂😂😂... Right right ...yanks are saintly .. They wun force people to do things against their will
Hahaha, Southeast Asians do not have to worry about Japan or Korea.
They are living better than you.
Are the Japanese or Koreans depressed? Then are Cambodia or the Philippines happy?
The Korean population is 50 million, but more than 30 million people travel abroad every year.
The number one visitor to France is Koreans. Japan, Thailand, Vietnam, and the Philippines also have the number of Korean tourists in the world.
Japan has a population of more than 100 million, and even if it does not export, it can make a living in the domestic market alone.
Are people who don't have money and are depressed like this?
😅😅😅
Japan's economy has been stagnant and its birthrates have been declining for the past three decades, yet its standards of living, from high welfare to low crime, from low costs and high affordability in everything from healthcare to housing, remain among the best in the world. A more free-thinking and less ideologically inclined person would look at this and consider that perhaps perpetual growth isn't necessary for a good society; that perhaps proponents of degrowth, many of whom espouse degrowth precisely because of the surprisingly positive Japanese experience, have a point. But I guess you're just not that person. Too bad, not least since a channel that focuses on Asia could stand to be a little less Eurocentric.
I don't know what medication you are on but you clearly forgot to take it 😂
What are you even talking about? You had a good trip to Japan so now you believe that because Japan is clean and aafe, economy doesn’t matter?
What about the masses of people who work all day, have super low wages, live in 25sqm apartments, cannot afford to raise kids, don’t have time to date, oppressed by the work culture, have no prospect of going up and no hope for improving their lives in any way. An open minded person would consider these tragical cultural, economical, and societal catastrophes, too.
@@Kopefulfillwhy you describe me :(
@@Kopefulfill Tatsache ist, dass Japan weniger Stunden arbeitet als die USA, eine niedrigere Selbstmordrate und viel niedrigere Gesundheitskosten hat als die USA, lol. Niedrigere Löhne? Die Lebenshaltungskosten sind sogar noch niedriger als dort. Ich bin aus den USA nach Japan gezogen, und die Lebensqualität in Japan ist bei weitem höher, es sei denn, man ist ein paar reiche Leute. Nun, es ist nicht so, dass Japan besser ist, es ist nur so, dass die USA und jetzt auch Europa zu schlecht sind.
@@nanucit 清潔で 子供も自由に歩き回れるほど犯罪も少なく 電車やバスも使いやすく時間通りで 普通に働けば家や車も買えるし 外食も負担は少ない 日本の給料でも 欧米などより購買力はあるんじゃないかな 日本人は仕事に喜びを見つけられる国民で 欧米人のように仕事を罰とは考えていないよ 完全な国などどこにも無いが 日本に生まれて幸せだよ
My wife lived in Japan for 12 years. The deprivation she saw in Germany, France, and the UK is not even close to the worst areas of Japan. Actually, if you visit Japan's poorest areas, they look average relative to European. GDP and GDP per capita themselfs do not say much because it needs to be inflation-adjusted and still needs to take inequality into consideration. An interesting fact is that recently, both exports, current account, and the public pension fund earnings hit all-time records.
I think it is because Yen is weak. It reaches to the lowest level recently for the post plaza accord era.
Comparing to Europe? What a low bar. How about start with developed economies of Asia?
@@kageyamareijikunTo be fair, most countries that top lists like 'The quality of life index, happiness index etc are always European countries.
Europe has many countries and Northern Nordic Europe are the countries that top most lists, followed by places like Switzerland, Luxemburg etc
Japan is usually the Asian country highest on these lists.
@@WinterGK he tried to paint Europe like a pitiful poor-stricken place so I went along with him. Since Japan is a lot poorer than many Asian powers now like Korea, Hong Kong, Singapore and even Taiwan, by implication, Europe is far below Asia since Japan now is the dead economy of Asia.
@@WinterGK well said! 100% agreed.
Japan isn't getting poor
I don't think Japan has become poor but it can be said that the Japanese economy is stagnant. The reason is clear. This is because the government has been increasing taxes and social security costs every year in preparation for an aging society. As a result, disposable income was reduced and consumer spending was suppressed. As a result, deflation occurred. Even if we know that this is a problem, it is difficult for politicians to stop it since more than half of voters are over 50 years old.
Therefore, you say relatively it gets poorer.
@@ROUKWA_S People are forced to cooperate in improving social welfare. There are both benefits and burdens.
Japan was a country that imitated China and Korea in ancient times, and in modern times, it quickly copied the United States and Europe and colonized Asia, and was lucky enough to achieve economic growth. In the 21st century, when such strategies no longer work, it is simply returning to its original place.
中国や朝鮮のようにならないように努力したんだよ 中国や朝鮮は同じ儒教を学んだのに
中朝は労働を卑しみ 体を動かすことを拒んだんだよ イギリス人がテニスを紹介したところ
「面白いが どうして使用人にやらせないんだ」と答えたという こんな発想の国が発展するわけないだろう 日本は第一回のノーベル賞の時 既に候補に挙がっていた テレビジョンも戦前に 日本は世界のドイツアメリカと共にトップランナーだった 欧米の差別的植民地支配に 軍艦や戦闘機を有色人種で唯一作り 正面から白人に戦いを挑んだのも 日本だけだ 今中国や朝鮮が豊かなのは 日本の技術移転のおかげだ
Every country copies other countries and exchange technologies. Now China copies Japan, and the US copies many things from Japan
実はGDPは過去最高なんだよね。ただ円安が進行しているからドル換算だと減っている。
그건 사실이지만 현재의 인구구조와 노인인구비중으로 연간 0.3% 성장이라면 10년뒤 20년뒤부터는 마이너스로 가는것이 아닌가? 외국인 인구비율이 너무 낮아서 마이너스 진입을 더 늦출수도 없을것으로 보임
@@백수-x7d でも団塊世代がもうすぐ死ぬ頃だから意外と安泰かも笑
借金でもGDPはかさ増しされます。国債発行は最高額。
There is no such thing as infinite growth. Even if we lose out to other countries and become poor, as long as we can live happily, that is all that matters. Material success is not everything in life. Innovation is probably necessary by nature, but, well, I guess it is important to cultivate an environment and capital that allows for innovation in a patient manner.
This reminds me of back in the late 80s when the New York Times would report that the US trade deficit with Japan had increased in dollars without mentioning that it had gone down when measured in yen because the dollar was going down.
People see what they want to see.
They'll likely stay stagnant at this rate, they've fallen too far behind it's competitors
Yup "Too little too late" That's the Japanese government's motto
On paper it may look “poor” due to weakening Yen, but surprisingly Japan is a very affordable place to live (more so if one earns in USD!), as the inflation is still reasonable compared to other countries.
For example, I live in the outskirt of Tokyo and my entire monthly budget is USD 1,000 - that includes a rent for 50 sq m (500sq f) 2 bedroom apartment without sharing, daily groceries with healthy food options, utilities, mobile data, gym membership, and even a weekly dining at a restaurant, etc. The extensive public transportation network doesn’t make me need to own a car either. When I get sick, I could get a very decent quality medical care at a very nominal cost thanks to the universal health care system.
I don’t think I could achieve the same level of lifestyle anywhere else in the world, at the same price tag. I know in some developing countries this is possible budget-wise but there may be a hygiene concerns and infrastructures issues like constant power/water cut etc., which are generally not an issue here.
The video is correct about the aging population being a problem. Being a democratic country with a large share of senior population their opinions matter a lot, which may limit active social evolutions. It is changing though, as the social media allows youngsters to voice their opinions and influence among themselves, which previously had been heavily depended on one-sided old school media. The minimum wage has been steadily increasing in the last five years, and international workers are starting to be seen more so even in rural areas. Despite the economy not having the sense of full recovery yet, I do think the potential is still there.
Taiwan is even more affordable, at just USD500 per month, with all the perks that you mentioned such as universal health care insurance, etc.
Tokyo might be the cheapest major world city in the world
@@jakeli6610 No, its Taipei.
@@isaacchai5660Singapore has similar cost of living as Taipei with better quality of life.
@@isaacchai5660 to take note, our average income of average office worker is about $1500 per month
and cost of living in Taipei is just 10-15% below Tokyo
also take not, $500 for a flat in Taiepi, the quality of it wouldn't be good
Yen is just extremely undervalued because of policy difference between FED and Bank of Japan. It's not like yen is dropping because Japanese economy is in terrible shape. Japan has suffered from deflation in the last 30 years and now BoJ is trying to lower interest to solidify Japan's inflation trend. Yen will bounce back at some point. Germany overtook Japan in nominal GDP in 2023 but when it comes to real GDP growth per capita, Japan has been the third best among G7 after the US and Italy since the Covid.
Red light districts in bigger cities have more women than before. This usually indicates economy is not well
I’m Japanese. I am not sure country is becoming poor, but the government raise tax for social welfares and pensions. The amount of money we receive from workplace is relatively declining. Private corporations are doing well, but the government is still shit.
Weak Yen = lower Nominial GDP
And who did that? Which country do you come from?
@@priyanksaikia5549 at this point Japan did it to themselves. It's been over 30 years since the bubble burst
You're not the only ones receiving such penalties right now, but weren't you willing to push for the weak yen and Abenomics to pursue export-led economic growth more than 10 years ago? lol
The average Japanese purchasing power level is the third level in East Asia, except for Hong Kong, and the actual salary level is likewise not the highest in Asia now. In the more than 70 years of post-war history, the full-fledged decline in nominal gdp over the past decade and the weakening of the yen are issues that cannot be washed away by just those excuses.
@@gerhard589 hey american who supports johnny somalia an mocks ww2.
I'd rather be poor and homogeneous than like me in Australia, completely and utterly replaced and unable to recognise even the flags of your nation around you
There is nothing wrong with one of the most peaceful countries in the world, the highest longevity, and lowest emigration
Your nation is not australia, look for homogeneity in europe, you early immigrant
Australia used to be homogeneous until your ancestors came along. At least this wave of immigrants aren’t killing you for sport.
You could also be poor and homogeneous in multiple African countries
Also unless you're native to Australia, you're just an early immigrant
If you are not Native in Australia you are not different from these recent immigrants
us wont allow them to grow beyond 4 trillion
Excellent summary
Japan is the best country in the world for safety, infrastructure, and foods.
Not the "best" because Korea is even better in those areas. Most Japanese can't afford to go anywhere or feel constrained due to high transport costs. Korean subways costs less than $1 for most trips and anyone can afford to go anywhere in Korea via public transport, including high speed rail. Medical standards are higher in Korea, too. Safety is about the same.
@sociolocomtsac by Korea you mean South Korea
@@sociolocomtsac which korea? your comment failed.
@@gondorianslayer4250 If you have to ask, you failed. Instead of being a basement gaming loser, get an education.
GDP PPP is for comparison between countries, real GDP is for comparisons over time, and real GDP PPP is for comparison between countries over time. The 30-year average for this last category sits at $38k, and in 2022 it was $34k. So much for the increasing purchasing power.
全部ドルベースの話で笑った。
円安なんだからドルのGDPは指標にならないでしょ。せめて円ベースで話すとかしなきゃ。
そんなあんたがまるっきり英語理解できてないか動画見てもないことはわかるよ。
きちんと冒頭2分のところで為替レートの影響を受けてると説明し、だからこそ各国通貨の購買力が等しくなるPPPに置換して見るべきと説明してるのにそれを全部無視。
理解できない言語の動画なんか無理に見ることないと思うよ？せめて日本語字幕で見ては？
円ベースにしても貧乏。特にシンガポールと比較したら。
@@GR-pz8iy 私が言いたいのはドルベースでみるから伸び率が鈍化している＝停滞しているように見えるということです。PPPのデータにしてもそうです。
その国の通貨との比較もせずにドルベースだけのデータで見て判断する。それは実におかしいことだと思うのです。私にはこれは説明不足だと思います。
The short answer is no.
Why do you think so?
Do you live and work in Japan??
@user-rx2hx4ur8t
Export is up,inflation is up which is good for Japan, capital formation is up,investment is up and technology
patenting is up,resurgence of semiconductors, reembracing of military tech and readiness in advanced robotics and AI.
@@gerhard589
I'm a geek and an observer.
export is up,inflation is up which is good for Japan,capital formation is up,balance of payment is gazillion positive,technology patenting is up,resurgence of semiconductors,reinvention of military tech,readiness in robotics and AI.
🇯🇵 economy = 🇩🇪; 🇬🇧; 🇫🇷 economies.
You know that German economy alone is larger now than Japanese, right? Despite a much smaller population, and that Germany is also struggling
🇩🇪>🇯🇵
Japanese economy is nothing like Britain or France
@@Kopefulfill: Correct, this is why both 🇯🇵 & 🇩🇪 will NEVER go above 🇺🇸 economy.
@@kageyamareijikun: 🇯🇵; 🇩🇪; 🇮🇹 = Axis Alliance.
2:40 that is a Taiwan convenient store photo
毎年少しずつ衰退しているのを感じます
いずれ限界が来ると思います😰
Plaza Accord
The Americans know how to tame the Japanese Economy so that others csn grow. If it wrre not curbed Japans economy would have be an 8-9 trillion Dollar economy looking at their patents and the manufacturing they can do with their robots..and even without robots, their People are Hard Working enough to grind for longer hours to make their economy strong.
@@priyanksaikia5549 Yes, uncle Sam deliberately stifled Japan's growth
Japan is super poor and everyone is overworking for no salary
Which country are you from by the way to say this? Western?And Who made them poor?
@priyanksaikia5549 I live in Japan. Worked in Tokyo for over 6 years as an engineer. You?
By which objective parameter is super poor in your opinion?
I also live in Japan
@doktorcito2629 not being able to afford plane tickets for my daughter to visit her grandma on the other side of the ocean
(All on a semiconductor engineer salary)
During 1960-1990 Japan had brilliant minds in robotic & ai which somehow was slowed down for some reasons, right?
In 1995, Japan almost reached the same GDP as the US. And now as 2025 is almost here, Japan us only the 4th largest economy and soon to be 5th largest. So yes, Japan has not just stagnated but also becoming less wealthy. Before the end of this decade they will be no. 5th and may be 6th or 7th by the end of 2040s.
I just came back from Japan.
They worked hard and they saved a lot of monies.
The big bump in 1995 in wealth was due to irrational speculation.
It was not real.
At one stage the land in the Tokyo imperial palace was worth more than the entire California.
That is all speculation.
The Japanese was forced by the USA to lower its interest rates in 1995 and this led to tremendous speculation.
The Nikkei only reached the same index 30 years later.
YIKES.
Abenomics. Japan has been doing it to themselves for the past 15 years.
it doesn't matter a 4 trillion economy and a 33,000 dollar gdp per capita of japan is still one of the best economies in the world, the drop is insignificant as you see....
Japans revival has begun, why thos video? From here on japan will rose bit by bit
Poor with good social infrastructure. Trains and buses are plentiful and run on time. Housing is affordable. People have healthcare. The streets are clean. There are not many homeless. I would prefer this over trinkets.
Dear TAIWAN, JAPAN, S. KOREA, VENEZUELA, ARGENTINA, UKRAINE, GERMANY and PHILIPPINES:
"To be an enemy of America can be dangerous, but to be a friend is fatal." 🗽🇺🇲☠️🇺🇲💀🇺🇲
- Henry Kissinger
Henry Kissinger is so in the wrong being friends with America is not fatal for a matter of fact
@maplemiles3381 BRAAAAAP! WRONG.
are you threatening your allies?
The Plaza accord
It can be said that many of Japan's right-leaning people, who like it only by looking at superficial records, actually like the Plaza Accord. In fact, it was the most representative example of the US diplomatic pressure on Germany as well as Japan's, which was so good and easy to see, and Japan's export war was brought to a halt, but the yen's surge in value caused the per capita gdp to exceed $30k and reach $40k so rapidly, creating an optical illusion for many middle-aged Japanese people, and at the same time brought the means of self-comfort on the record.
@
But it was bad for Japan as evidenced by the passage of time.
Even though Japan is becoming "poorer", it has already developed a lot of infrastructure that can serve them well for the next century. Same can't be said about countries that are still poor hand have yet to develop their infrastructure.
How can a country become poor, when there is over tourism with 30 miliion avg every year. And even India overtake Japan as 4th largest economy, cleanliness will never 😂
まじで外国人いなくなって欲しい。去年核処理水のデマで騒いだ癖に都合良すぎんだよ。
Poor countries rely on tourism. Thailand tops that figure easily. 30 million a year is nothing. So Japan is on the path to becoming a SEA country?
The number of tourists in Japan was even smaller than that of Korea up until the early 2000s. Actually, what seems even less substantive is still the most important and key factor among many advanced countries in terms of total tourism income, which is quite disastrous because of the really boring and lost meaning as tourism, such as CVS tours, a several free tour, 100-yen shop tours, and capsule hotel stays. The number of tourists amounts to 25 to 30 million, but the number of total tourist is meaningless because most visitors are reluctant to spend big. Still, Japan just wants to become a second Thailand. Whether it is in the direction of pursuing all its capabilities through the tourism industry in the future, with throwing their doomed economic growth engines, technology and lack of preparation for the 4th industrial revolution
South Korea this year saw 10 million people come and visit the country
@@kageyamareijikun check GDP of Japan and Thailand
I don't think so, solely because almost its manufacturing companies are scattered around the world, even its financing companies. Fact is Japan had "invaded" us without knowing.
Japan is not a poor country. Japanese people are. They can't afford good food, nice car, comfortable home, and oversea trip, let alone luxury. Everything is so expensive in Japan for Japanese working class. But Japanese companies are soaring in stock price and Japanese government is spending money like there is no tomorrow. But poor Japanese people don't mean they are unhappy. They are healthy, well-educated, have plenty of jobs, and live in safe and stable society. They are safe and sound with high human development index. So, they will fare well for 21C in a slow but steady pace.
I wonder what Your definition of 'poor' is. I live in Japan for 7 years now and I don't see a lot of poverty, or people driving old shabby cars, or eating bad food etc. Housing and health care are the cheapest and best I have experienced so far. I am German and have also lived in Australia for many years. My quality of life is fair a bit better here. Friendly people, crime is invisible, it is safe to go anywhere at any time and general honesty. I wonder where Your 'observations' come from.
aren't they bullish bc japanese companies benefit from a weak yen?
For fuck sake..visit japan ..they are soing well
I don't see their smile in the face anymore , Japanese has suffered pressure a lot
Japanese workers are some of the saddest and least self confident people on earth
Karma’s a B1tch
Agree. I just came back from Fukuoka. People there hardly smile at all..
Because they are working hard all day
uh, why would people smile on the street for no reason?
Yes, by PPP GDP, China has been the biggest economy since 2015.
Give me money my country is poor
It has become poor already. The question is whether it is going to get even poorer.
Japan hasn't for a matter of fact become already poor. It's a really rich nation North Korea, Indonesia, Iran, Cambodia, Laos is what you call poor and already poor
If you consider inflation, Japanese gdp shrunk a lot.
It's 2025 peoples are still cares about GDP? Let's just live productive peacefully 😎
Japan had nominal per capita GDP of 44,000 dollars in 1995 but PPP per capita of just 23,000 dollars which shows how much expensive Japan was back then. 😳😳 That's why in those days Tokyo was consistently ranked as the most expensive city in the world.
Japan is still expensive now. 😅
1995は高すぎ。東京が全米より高かった。
@@isaacchai5660its pretty cheap if you make in dollars
not only declining but a radioactive region
In 20 years here, I haven't seen any major fluctuations and it seems still pretty stagnant. We've got the (over)tourism now and higher consumption tax rates which are regressive on the increasingly elderly population. We have inflation which is worse than it's made out to be. Some of the food/bev inflation is double-digit but the wages are nowhere near keeping up. It is still stable and safe here but tbh, it feels like a slow, but sure decline.
Yes, the whole Japan is dying
Japan is not dying or becoming poor and that's a fact
Is anyone going to mention the fact that these entire videos are made by AI and have very little actual value?
Weeb
one good thing is they seem to be less depressed than S Korea these days, but the fire in the 90s has lost forever. I remember reading those comic books and playing toys made in Japan when I was in elementary school. Now the affections of Japan has fade away.
They look relatively less depressed? What's the basis for that
I can't deny the fact but , still I feel rich even though my pay is among the average in japan. I don't have to worry about going out and dine, getting high end service without worrying about money, going out, paying rent with single income , high end public transportation with out worrying about money, even iphone and other electronic devices are cheaper, first class healthcare almost free and many more.. Look if you're in japan and spend and enjoy in japan you don't have to worry about but but yes when you send back home the disposable income depreciate that's alone. Even though the country gets poor there will never be a traditional ly and technically advance country in the world as well as you can sleep outside getting and still don't have to worry even the females. So safe , sound , clean even though it's poor japan is japan.
All these statistics are completely worthless in understanding the real economic conditions. No Japan is not a "poor" country by any means and yes its a very very liveable country but there's aspects of Japan that are just dystopian and cannot be measured by these neoliberal bourgeoise metrics. Japan's inequality is creeping up, There's high levels of social stress and depression (Just take a look at the phenomena of Karoshi, Hikkikomori and Johatsu). Japan's economic structure is stagnant and old. Most of its corporations can be traced before WW2 and they're losing market share and profits. Recently inflation has crept up along with higher tax burden which is eroding Japanese workers savings. The lack of a new generation and inability to adjust or adapt to new market conditions means that within 5-10 years that the younger population will begin to look elsewhere for their careers putting more tax pressure on whoever remains there. One should not ignore these trends because they may not seem like much now but i remember when Canada and the UK were associated with Social democratic success and today people have had enough and want out.
Which country are you from to speak on Japan? I bet Americans underneath knows this very well how to tame economies and make it work for them. It is only the Weak who will be subdued not strong. Japan since WW2 loss was under Americsn Control and so it is rational to see why Japan isnt doing well. Isnt it funny that Toyota and Otherz couldnot do battery research as much as New Chinese Companies did? Is it the Americans noe trying to prop up China and then will wnat to take on China through India. 😂😂😂Such old school games are boring. They should fight like a MAN only if they are.. Economy doesnt mean a shit in todays terms as much as Human Resources do and Japan has got plenty of Human Resources to count on. But despite that, Japan isnt growing well. We all kmow the Narrative Propaganda...
Isnt the same about China's consumption vis as vis India been made? I fact checked the amt of Good and Services Chinese People take vs India and found China's consumption is 3 times higher than Indis and surprisingly that isny enough for growth? China's economy since the last 3 years havr been in 18 trillion dollar.bracket and shall continue until America signals it right? You can do this to the stupid politicians who are maintaining countries but not people. This will be avenged. In the future.
@@deezeed2817 I'm an American working as an engineer in Japan and I can't afford plane tickets for my daughter to visit her family in the US. ... Japan is crazy poor
@priyanksaikia5549 This is a misleading form of economic narrative that tries to link Japan's problems to China's. Japan's market is relatively open, its economy is vulnerable to the impact of the international market, and policy adjustment is passive. China's economy is independent and its market management is gradually open, and the stock market cannot reflect the real situation of the economy. China's economy has been growing at a high speed, and the annual growth rate of 5% is equivalent to one trillion US dollars. In the face of short-term exchange rate fluctuations, China has always adjusted the RMB exchange rate within a reasonable range, which is why it seems that China's economy has stalled. This is because the yuan's exchange rate has increased from 6.5 in 2021 to 7.1 this year, and the yen has been appreciating since Japan signed the Plaza Accord, which has kept expanding amid the bubble economy. China could grow by $36 trillion in the next ten years on the domestic market alone, the so-called aging, population decline is to make people look more like they fit the same narrative form, as if China's population has suddenly dropped by about half from 1.4 billion.
所得税最高税率：45%（シンガポールー22%）
相続税最高税率：55%（シンガポールーなし）
債務：GDPの3倍に近い（シンガポールーゼロ）
一人当たりGDP：33,000 USD（シンガポールー88,000 USD）
旅券所持率：2割以下（シンガポールー9割以上）
It's over for Japan. Arrogance, complacency and corruption saturate their corporate and political arenas. RIP to Japan's global relevance. Being a US lapdog has its pitfalls.
Japan isn't a American lapdog your first left commie
The less short answer = laughably no.
Japan can build a great nation in poverty USA is rich yet the people live in uncultured squalor.
what about the train grobbers ?
Don't try to undermine it unnecessarily even if it is your home country. In reality, the US is actually Japan's economic and diplomatic owner from the past, now, and in the future. Also, there is little possibility that Japan will succeed in another reconstruction after the 21st century unless the US completely ends in all directions after the outbreak of WW III in the near future. It's natural to assume such a last-ditch scenario of humanity, which includes the assumption that Japan disappears before that
In order for the nonsense that Japan can rebuild great things through its people to be accepted as true, the US, which has already pursued Americanization since WW II and taught it how, is of course normal only if it has been rebuilt before them. lol
The Japanese are resilient people. They survived the devastation brought by the American Military Industrial Complex's dropping of two atomic bombs -- eventually killing more than a million of their innocent fellow citizens.
USA and Japan were in a war. That is it. Japan would have made the same against any other country if they had the technology. Ask the people from Nanjing.
@hydrohasspoken6227 Your Western education has failed you.
Ganbare Nihon😊
Only recently did the government consider raising the income tax threshold which has been in place since 1995. This was a proposition made recently by minority party DPFP(Democratic party for the people). All the rest has been pushing to burden the people with more taxes. In 2026, they're literally about to tax everyone without a partner in support of the people who do when lower bottom are giving up on having relationships due to having little to no free income and time.
Are you serious?! A singles tax?!
No. Falling from second in the world is a long short from being poor. It is still on top of all the Asian neighboring Asian countries.
North Korea and Indonesia are pretty poor
Their economy is less innovative. For example, they supply LCD screen to Apple because only them who can produce the LCD, but today South Korean produces QLED leaving LCD in dust.
What about Your 'dust' in Your head ?
QLED is a type of LCD technology.
@@FM-fi4uyQLED가 더 진보된 기술이란다
lol QLED is LCD, what you talking about. Imo, it's about bad marketing and bad pricing, so that japan can't compete with other countries when it comes to something common that more countries can do
@ tell that to Tim Cook
I thought it was a rich country that spent its money on infrastructure, medical and defense and very little on public education and services but with a large middle class and a large working poor class.
These things are only exacerbated with the working poor class growing larger and the middle class having slipped to a “lower middle class”.
I’ve been in Japan 30 years and things are stagnant and slowly but surely winding down .
The PPP system looks very flawed to me.
According to what I have read, they use McDonalds Big macs as the main benchmark.
I live in Norway where a McDonald worker has a much higher salary with benefits then compared to USA for example. Because everyone needs an adequate salary, so eating out is overall more expensive.
The government also wants unhealthy food to have higher taxes to promote healthy eating.
There are many reasons why something like a known fast food burger can vary in price that has nothing to do with peoples ability to buy food overall
Yes
Um no it isn't
Japan lost its pride & honor after Matthew Calbraith Perry's naval show of force. Japan lost its identity & prime after WWII to the US. Eventually after the war, they became top world economy and fell down after the 80's since the US wouldn't allow Japan to dominate the market.
Nonsense.... uang para pensiunan rata2 dibelikan US treasury bill... dapat untung besar dari US dollar yg naik/ menguat n bunga
The purchasing price parity graph is very telling... You can see by its very consistent increase that it's at the heart of its decision making for the economy. Nevertheless, the aging population and debt is a problem... That can be overcome with the right immigration policy. There really is now way around it except for this at this point. Otherwise it would be a waste to have invested - via debt mind you - into all of this vast infrastructure and then to have it become vastly unused because a population no longer exists to make good on such investment.
But then... Robots and AI? 🤷♂️ Could be a solution also. The future is getting pretty interesting.
Japanese will not accept immigration policy. Sorry but that's a fact.
The video title is missleasing.
It's not "Is Japan becoming a Poor Country?". That's inaccurate.
*Japan is a Poor Country.* A 3rd world, poor country.
The best indicator? A certain article from South China Morning Post (or SCMP for short) outright state that. I won't link the article ( Since RUclips have a habit at deleting comment with link), but I will leave the name of the article here for you to search for yourself:
*Welcome to Tokyo: Asia's new sex tourism capital?*
Yes, China is the best source of information about Japan
@@PASSIONATEABOUTEMIGRATING it was reported in local Japanese media too about the sex tourism industry and how foreigners now make up majority of customers. Foreigners from China, Hong Kong and other Asian countries.
Japan is always like this even during bubble era, it's just now foreigners knows how to contact with those workers
@@AlanLin1995 Oe maybe US military personel give those contact info.
@@PASSIONATEABOUTEMIGRATING SCMP is a Western publication. It is in fact very anti China.
Japan only income now is tourism..Tonnes of tourist daily weekly monthly yearly and just implement taxes on all mean as volume is enough to have growth
You shond foolish 😂😂😂😂
not true. dont be dumb.
Thanks to Murica
all americans fault.
Becoming!?
More and more young Japanese are trying to escape from Japan.
Actually I am one of them😂
Many people in this comment section, as well as other videos about Japan, would disagree with you, some who indirectly assert that it is the perfect society. However, I agree more with your statement.
It's not possible for an economy that has had 30+ years of complete stagnation and 20+ years of ageing to be anymore rich than nations that have had stable economies and not too much ageing.
I actually wanted to get to know about your experiences in Japan, what the current trends (economic and social, such as the youth exiting Japan and the yen), and your personal opinions of Japan?
This may appear as an intrusive question, but I am genuinely interested to know from someone who, for once, is not glamorizing Japan.
Japan has the world's worst ageing problem. 30% Japanese are 70 years old and older. The more people in social security, the less people working. This situation is getting worse every year. It is no way out. Birth rate is all time low. In the future, who can fix the problem? 😢
Only immigration can fix the problem, i think.
Korea will surpass Japan by old population ratio till about 2045 + Japans birth rate is comparable to countries like Italy or Spain and it’s not the lowest in the world (South Korea has the lowest).
@@isaacchai5660Japanese are staunchly against immigration. Even when they barely form 2% of the population like now. There are very fierce protests. They will not compromise any further.
It’s just like Florida whole country is 😂retiring but they got a whole bunch a. Money 💴 so enjoy 😂
실제 가난해질지는 모르는일이지.. 다만 30년뒤에도 지금의 모습처럼 멈춰있을 가능성이 높다. 일본을 제외한 주변국과 세계가 성장하면 일본이 상대적으로 가난해지는것은 사실이지.
Korea is called the land of nothingness for a reason.
@@thelastdefenderofcamelot5623한국이 그렇게 불리우든 말든 일본의 출산율이 갑자기 늘어나는것은 아님. 사실은 사실로 봐야지요
Korea is not an exception to this problem. The decline in the birth rate and employment rate in Korea is relatively the same as in Japan. Japan, Korea, and China will continue to decline from now on.
@@백수-x7d 사돈 남말?
@@hkkim8718 글쎄? 한국일본 둘다 인구 반토막이면 수출중심 한국보단 내수중심 일본이 더 위험한거 아닌가? 거기다 외국인 인구비율보면 한국이 일본보다 3배 높던데
Japaaaaan please don't goooo💋💋💋💋💋💋
Not as worthless as the Yuan.
such comment is more like self pleasuring
Speech reflects education.
@@jye7027 The average Japanese is much more wealthier than the average Chinese.
@@khai96x That's what RUclips has become. A socialist platform where people are too scared to say anything offensive and the policy forces users make crap videos so majority of people just go straight to the comment section which is the best part of it, sadly.
@@thelastdefenderofcamelot5623 obviously the Chinese are much better off than the pinoy and endian. So what? the video is about japan economic. typical charlatan
The point that seems to be emphasised here is the significance of purchasing power parity, yet Japan's GDP (PPP) has been surpassed by Russia's with very similar population numbers but different demographical realities and the bleak future prospects that seem inevitable in the case of Japan regardless of the way in which you choose to assess their gross per capita.
Comparing education expenditure in 2024 to 2000, but ignoring the fact that 2020, 2022, and 2023 were all much higher, rendering 2024 more of an outlier. Similarly for public works.
Japan will become return.because our will support.
Not you business.
What?? The politicians are corrupt and doing a terrible job
You are traitor to your own country taiwan
japan was rising until US stepped in. the rest was history. taiwan is going toward more dire situation if taiwanese continues to allow US to hijack your country. Just look at ukraine
Go back to school and learn proper English.
Cringe
I say Yes, as Japanese.
The reason why Japan is bound to fail is the same as the case of Britain and Germany. Both of these countries accumulated wealth through colonies and wars and developed through industry, but unlike the US and China, they failed in the 4th industrial revolution. They are countries that are intoxicated with their past glory and have no future.
during WW2, Japan invaded most of the countries in Asia. After getting the nuclear bomb from US, Japan signed the deal to give back all the land they invaded during WW2 back to the original owners. When Japan was retreating, they took all the gold, jewelry, and money from all the countries they invaded like Korea, Taiwan, Thailand, Philippines, Singapore and so on to back to Japan. This gave them a huge economic boom. they were able to start business like Toyota, Sony, Honda, Yamaha and so on in which gave them the top lead in 1980s.
And the KMT stole about 200 tons of Chinese gold reserves and had them shipped to Taiwan. There are no artifacts in Japanese museums that indicate that it was stolen. What did we steal exactly?
This is completely false information. The beginning of management of Toyota and other companies has nothing to do with the war. You are a propagandist and anti-Japanese person who spreads false information to criticize Japan.
I know you are Korean. Did Japan steal the assets of other countries? Japan returned them. As for Korea, Japan has provided 74 trillion yen in aid to Korea, and provided technology in the 1990s.
The Japanese economy was also developed largely due to the special demand caused by the Korean War.
@@やる気熱々 ‘Ogura Collection' (小倉 Collection) stolen from 1922 to 1952.
Japan still has over 60,000 items of treasures stolen from Korea alone.
Japan Jeisa Desh Nahi Hai World Ka Best Development Country Hai Japan Wo Poor To. US China More Poor
#indiaout
Bro get a life ...😂
Japan needs bitcoin. Look what bitcoin did to Microstrategy.