Must have something to do with the power shortage in China recently (the incident involving death due to power shutdown in NE China). Maybe Chinese government (central and/or local) were too aggressive in their evironmental commitment of cuting down coal consumption.
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- Thread starter bd popeye
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The UAE may also be eyeing the Russian Checkmate fighter.
And their workplace culture can be quite stifling. Sometimes I do prefer Korea's directness culture though not all is well with Korean workplace culture either. Maybe Japanese workplace culture was good in the late 1900s but not now
I think the Korean work culture (and education as well) suffers from the same problems as the Chinese one - too much pressure and crippling overwork (996). This, as a result, has a negative effect on the demographics as people simply do not have time to make families. In addition to that, both SK and China suffer from inflated property prices, which also makes having a family very expensive. The main difference is that China finally started tackling those issues after the results of the 2020 census came online (and showed the TFR of 1.3), while I don't see any big movements in that direction by the South Korean government - in fact, Moon ran with a campaign to tackle the property market but was unable to fulfill that.
They number one problem for the Japanese economy is the deflation.
With their debts which are high, it takes more effort to find money to repay the debt. Using money to pay off the debt, is a drag on the economy because that money could have been used to make investments, to push the economy forward with growth and productivity.
All the money in Japan goes to pay the debt since the bubble burst 2½ decades ago. Hence the deflation. It feeds on itself.
Japan just seems to be trapped in that classical debt deflation spiral.
So they print money and do the infrastructure investments, to breakout from the deflation. Japan interest rates have been at zero, because of deflation.
There is a theory that deflation and low economy growth is caused by a declining population in Japan. Do not know if that is true or not.
Independent is a far right UK paper but I do sense rising right wing sentiment in the US.
- "It's time for a change"
- Vote republicans to see the difference"
lol this "democracy"
The only reason why sleepy Joe was even elected as a president is "not Trump", that's it. Expectably, his performance on the presidential post has been less than stellar to put it lightly. No wonder Democrats are tanking.