Japan economics thread.

coolgod

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Japan’s economy contracts as consumers and firms cut spending​

TOKYO, May 16 (Reuters) - Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away from near zero.
Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan's economy shrank 2.0% annualised in January-March from the prior quarter, faster than the 1.5% drop seen in a Reuters poll of economists.

Downwardly revised data showed GDP barely grew in the fourth quarter of 2023, due to downgrades to capital expenditure estimates.

Got to say these figures are surprisingly low in USD terms and can't be far above PRC figures now:

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The monthly salary of a new college grad entering BYD Auto in Xi'an is 12k CNY. At current exchange rates, this is now higher than the salary of a new college grad entering Toyota in Nagoya at 230k JPY (10.7k CNY)

Although I haven't encountered any Japanese or Korean people working in China, but netizens say there are lots of Japanese, Korean economic migrants in China, hidden in plain sight.
 

Randomuser

Junior Member
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The latest controversy with Assassin's Creed having a black samurai makes me realize the west likes Japan the setting but it doesn't really like or respect the people living in it.

But Japan has no choice but to accept it.

This is the "soft power" of Japan huh? Something that is so easily eroded?
 

azn_cyniq

Junior Member
Registered Member
The latest controversy with Assassin's Creed having a black samurai makes me realize the west likes Japan the setting but it doesn't really like or respect the people living in it.

But Japan has no choice but to accept it.

This is the "soft power" of Japan huh? Something that is so easily eroded?
Have you talked to Westerners about Japan? A lot of them talk about Japan like it's a pet. Americans joke about Hiroshima and Nagasaki all the time and sometimes gloat about the fact that most anime characters look more similar to Caucasians than to Japanese people. Japan has a strong economy, but it is not an equal partner of the US in any way, shape, or form.

Have you seen Shogun? In the first episode, the Japanese are already portrayed as savages. One of the main Japanese characters is portrayed as a cuckold and boils a Western prisoner alive for no reason
 

AndrewS

Brigadier
Registered Member
Have you talked to Westerners about Japan? A lot of them talk about Japan like it's a pet. Americans joke about Hiroshima and Nagasaki all the time and sometimes gloat about the fact that most anime characters look more similar to Caucasians than to Japanese people. Japan has a strong economy, but it is not an equal partner of the US in any way, shape, or form.

Have you seen Shogun? In the first episode, the Japanese are already portrayed as savages. One of the main Japanese characters is portrayed as a cuckold and boils a Western prisoner alive for no reason

On the bombing of Japanese cities, how many Americans realise that both McNamara and LeMay agreed this was a war crime when they did it?

"Former Secretary ROBERT MCNAMARA (Department of Defense): LeMay said, if we'd lost the war, we'd all have been prosecuted as war criminals. And I think he's right. He, and I'd say I, were behaving as war criminals."

Article below from NPR (US government media)

npr.org/2009/07/06/106318407/fog-of-war-director-remembers-mcnamara
 

generalmeng

New Member
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On the bombing of Japanese cities, how many Americans realise that both McNamara and LeMay agreed this was a war crime when they did it?

"Former Secretary ROBERT MCNAMARA (Department of Defense): LeMay said, if we'd lost the war, we'd all have been prosecuted as war criminals. And I think he's right. He, and I'd say I, were behaving as war criminals."

Article below from NPR (US government media)

npr.org/2009/07/06/106318407/fog-of-war-director-remembers-mcnamara
War itself is very destructive and brings out the animal nature in all human. Particularly with nationalism and racism as a motivational force.

Let's not forget what the Japanese did the rest of Asia. While that is not saying, the Americans fire bombing of Japan is acceptable or justified punishment to the Japanese.

It is to illustrate we, all humans, have inner beast that is very savage.
 

ACuriousPLAFan

Brigadier
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Although I haven't encountered any Japanese or Korean people working in China, but netizens say there are lots of Japanese, Korean economic migrants in China, hidden in plain sight.

Coupled with how the cost of living in Chinese cities are typically lower than in Japanese cities (due to China can make a lot of things on her own versus Japan having to import a lot of things, etc), combined with the recent trend of deflation in China versus inflation in Japan - The disparity of living standards between Chinese and Japanese cities are only going to widen, going forward.

This situation applies to South Korea as well.
 
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AssassinsMace

Lieutenant General
The latest controversy with Assassin's Creed having a black samurai makes me realize the west likes Japan the setting but it doesn't really like or respect the people living in it.

But Japan has no choice but to accept it.

This is the "soft power" of Japan huh? Something that is so easily eroded?


There was a substack article asking where's the black Samurai in the TV miniseries Shogun? The MAGA boys took offense because the article was written by a black man. If it was a white guy who wrote it, they would be screaming where's the white Shogun in control of Japan just like because they found Caucasian mummies in Western China, the West must've started Chinese culture. BTW, there's a YouTube video claiming Chinese culture is actually African. While watching the Shogun miniseries, I actually read somewhere the first Samurai was actually Chinese.

Apparently they say there was a black Samurai in Japan but just because there was one, does that mean he helped change the course of Japanese history? That's the kind of assumption "Westerners" jump to make just because they want to take credit of the "good" stuff. It's just like how there's that YouTube video claiming Chinese culture is African in origin. When I was a kid, the black kids were very racist and would beat up the Asians kids for being strange and different being from a non-Western culture. Does that mean Asians kids have a right to beat-up the black kids now?

Have you talked to Westerners about Japan? A lot of them talk about Japan like it's a pet. Americans joke about Hiroshima and Nagasaki all the time and sometimes gloat about the fact that most anime characters look more similar to Caucasians than to Japanese people. Japan has a strong economy, but it is not an equal partner of the US in any way, shape, or form.

Have you seen Shogun? In the first episode, the Japanese are already portrayed as savages. One of the main Japanese characters is portrayed as a cuckold and boils a Western prisoner alive for no reason

They certainly like Japan better than China. The way that works is simple. Whoever sucks up to the West more, they like more. The more proof of that is how Westerners like Chinese the least. The fetish Western men have for Asian women started because of the birth of modern Western feminism. When American men went to war during WWII that meant they left factory jobs men usually did. But because they were fighting a war, women were called to to do those jobs. When the war was over, the men came back but the women wanted to keep their jobs at the factory. Women were suppose to go back to being housewives and taking care of the children. American men felt a loss of masculinity. This is where Hollywood came in to get back at women by portraying Asian women in movies especially Japanese as alternatives for white men using the Geisha stereotype as a model women for American men. It also furthers their racist belief that if they conquered Asian women, they conquered Asian men.
 
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coolgod

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USD/JPY is back to 157, $60 billion only lasted a month.

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Sad story of a Japanese woman who got into debt by host clubs and is forced to service clients in Macau and Hong Kong now. I suspect foreign services in HK/Macau is actually cheaper than the equivalent domestic services on the mainland.
 
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horse

Major
Registered Member
The latest controversy with Assassin's Creed having a black samurai makes me realize the west likes Japan the setting but it doesn't really like or respect the people living in it.

But Japan has no choice but to accept it.

This is the "soft power" of Japan huh? Something that is so easily eroded?


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An old article from last year.
 
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