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IWETHEY Home / IWETHEY Board / Politics Forum / Japan is just fine.
Post #380,568
by pwhysall
Picture of pwhysall
9/13/13 8:37:46 AM
Reply
New Japan is just fine.
Fiat currency means that government debt is not the same as personal debt, and by all the accepted metrics, Japan is a great place to live, notwithstanding the contents of some of the vending machines, and will be for the foreseeable.

Now, Greece. There's a place with a problem.

You need better examples, dude.
Post #380,569
by Another Scott
9/13/13 9:14:54 AM
Reply
New Heh.
Deflation isn't good in general, and is particularly bad in countries with large poor populations that are rapidly growing.

Japan has been struggling since their property/stock bubble burst around 1991. They're just starting to finally climb out of the pit that caused. There have been wrenching changes there even though, on the surface, things don't look too bad. ~ 4% unemployment looks great! But it used to be around 2%...

China is a special case, having a large foreign-exchange horde. But even they are not immune to market forces. And they're still a poor country in many, many respects. India even more so (without the huge $ reserves that China has).

Will they all dodge the bullets? Maybe. We'll see.

Cheers,
Scott.
     Obama's speech. - (Another Scott) - (40) - Sept. 10, 2013, 09:27:47 PM EDT
         Our policy on Syria is as misguided as ... - (mmoffitt) - Sept. 12, 2013, 08:24:48 AM EDT
         I like Putin's response - (boxley) - (38) - Sept. 12, 2013, 08:33:16 AM EDT
             You beat me. I just read it. - (mmoffitt) - Sept. 12, 2013, 08:42:56 AM EDT
             Glad the two are getting along better.. - (Ashton) - (1) - Sept. 12, 2013, 07:23:26 PM EDT
                 here, have a united fruit, you will feel better -NT - (boxley) - Sept. 12, 2013, 07:26:59 PM EDT
             I'd be more impressed if Obama could have an opinion piece.. - (a6l6e6x) - (34) - Sept. 12, 2013, 08:36:45 PM EDT
                 "The arms merchant to despots of the world . . . " - (Andrew Grygus) - (1) - Sept. 12, 2013, 09:02:58 PM EDT
                     US does the high end stuff. :) - (a6l6e6x) - Sept. 12, 2013, 09:21:17 PM EDT
                 Even if he makes some good points... - (Another Scott) - (31) - Sept. 12, 2013, 09:14:13 PM EDT
                     Going off-piste a bit: China owns the USA - (pwhysall) - (24) - Sept. 13, 2013, 01:58:46 AM EDT
                         Two things: - (CRConrad) - (13) - Sept. 13, 2013, 04:35:03 AM EDT
                             On B) - (pwhysall) - (9) - Sept. 13, 2013, 07:01:38 AM EDT
                                 No, of course I don't know. Because, after all... - (CRConrad) - (1) - Sept. 13, 2013, 09:36:37 AM EDT
                                     Poms, saffas, windians, injuns and convicts, that's who. - (pwhysall) - Sept. 13, 2013, 10:23:12 AM EDT
                                 Cricket: CalvinBall with big sticks and sweaters. -NT - (malraux) - (6) - Sept. 13, 2013, 05:26:18 PM EDT
                                     'Xackly. Almost as weird as, say, baseball. -NT - (CRConrad) - Sept. 13, 2013, 06:17:01 PM EDT
                                     :-) - (Another Scott) - (4) - Sept. 13, 2013, 06:18:39 PM EDT
                                         That's Enough.. to quell any further delving here. -NT - (Ashton) - Sept. 13, 2013, 06:53:01 PM EDT
                                         Not difficult - (pwhysall) - (2) - Sept. 13, 2013, 08:06:48 PM EDT
                                             How many wickets must he knock down for a strike? -NT - (CRConrad) - (1) - Sept. 13, 2013, 08:14:48 PM EDT
                                                 A googlie of them. HTH! -NT - (Another Scott) - Sept. 13, 2013, 09:12:39 PM EDT
                             On A) - (pwhysall) - (2) - Sept. 13, 2013, 07:04:08 AM EDT
                                 Yeah, but when all they've got to export is sand... - (CRConrad) - (1) - Sept. 13, 2013, 09:35:40 AM EDT
                                     I wouldn't look for an enlightened Middle Class here. - (mmoffitt) - Sept. 13, 2013, 09:39:48 AM EDT
                         Disagree, at least in emphasis. - (Another Scott) - (9) - Sept. 13, 2013, 07:23:51 AM EDT
                             What makes you say that? - (pwhysall) - (3) - Sept. 13, 2013, 07:46:53 AM EDT
                                 Depends on the time scale. - (Another Scott) - (2) - Sept. 13, 2013, 08:22:34 AM EDT
                                     Japan is just fine. - (pwhysall) - (1) - Sept. 13, 2013, 08:37:46 AM EDT
                                         Heh. - (Another Scott) - Sept. 13, 2013, 09:14:54 AM EDT
                             Norway is very different from the sandy oily countries - (pwhysall) - (4) - Sept. 13, 2013, 07:54:59 AM EDT
                                 Good points. - (Another Scott) - Sept. 13, 2013, 08:29:02 AM EDT
                                 In its defense-as opposed to Norway-Saudi is pretty great... - (CRConrad) - (2) - Sept. 13, 2013, 09:40:54 AM EDT
                                     rofl. -NT - (Another Scott) - Sept. 13, 2013, 10:07:51 AM EDT
                                     Re: In its defense-as opposed to Norway-Saudi is pretty grea - (folkert) - Sept. 13, 2013, 10:17:04 AM EDT
                     How now? - (hnick) - (5) - Sept. 13, 2013, 06:13:35 AM EDT
                         See my reply to Peter. - (Another Scott) - (4) - Sept. 13, 2013, 07:36:49 AM EDT
                             I too retain adequate-'faith' in his Character - (Ashton) - Sept. 13, 2013, 06:50:15 PM EDT
                             I don't see how he can have it both ways. - (CRConrad) - (2) - Sept. 13, 2013, 07:38:23 PM EDT
                                 It goes back to the War Powers Resolution - (Another Scott) - Sept. 13, 2013, 09:04:30 PM EDT
                                 Operative words here, 'in this case' are not weasel-words - (Ashton) - Sept. 13, 2013, 11:31:07 PM EDT

I R UR GRAMMER NATZEE GAWD.
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