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pmc

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pevade said:
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Japan has been stagnant for more than two decades now
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I dont think this world bank data take into recent years data.

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The Japanese currency over the past two years has fallen more than 20% against the dong. While foreign construction engineers in Japan have been earning an average monthly wage of about 200,000 yen ($1,375) in recent years, skilled workers in the same sector in Vietnam can now earn about 25 million dong (150,000 yen) a month, thanks to wage increases of 10% to 20% there.

"Japan's status as a prime work destination is eroding fast due to a narrowing wage gap," said Be Minh Nhat of MPKen.
Wages in Japan have fallen sharply in dollar terms. If converted at September exchange rates, the average wage of Japanese workers in fiscal 2020 and 2021 was 40% lower than in fiscal 2012.
Wages in Vietnam and the Philippines are still low, compared to those in Japan. If the dollar-based average pay in the Japanese nonmanufacturing sector is indexed as 100, wages in Hanoi and Manila are 20 to 30. But the wages of construction engineers and nursing-care workers have already risen to 50 to 70 in both cities.

Wage levels of nonmanufacturing sector in Singapore and Hong Kong have already exceeded those of Japan.
Japan had 1.72 million foreign workers in 2021, accounting for 2.5% of its working population and 2.5 times more than a decade earlier. Chinese used to constitute the largest group but in 2020 were replaced by Vietnamese. The number of workers from less developed countries such as Nepal is increasing, but Japan's attractiveness will continue to diminish as the yen weakens and wage levels rise elsewhere.

Labor shortages are particularly acute in Japan's construction sector. "Work at building sites will come to a stop unless wages improve," said Shogo Iwata, head of the Japan Reinforcement Contractor's Association. Foreign workers already account for 20% of reinforced steel specialists. The Japan International Cooperation Agency estimates that an additional 5 million foreign workers will be needed by 2040 if Japan is to reach the government's economic growth target.
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FriedButter

FriedButter

Colonel
Registered Member
siegecrossbow said:
Sometimes it is hard to tell if this is PR or the officials drinking their own koolaid
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It’s a trick. This isn’t about PR or drinking their own koolaid but an attempt to buy time for Ukraine.

The paper quoted unnamed people familiar with the discussions as saying that the request by American officials was not aimed at pushing Ukraine to the negotiating table, but a calculated attempt to ensure Kyiv maintains the support of other nations facing constituencies wary of fueling a war for many years to come.
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It will not be done in good faith if it happens. It’s to buy time for Ukraine to get through winter as smoothly as possible. Russia is turning their electric grid into swiss cheese, which would force Ukraine to publicly demand more money. Public Opinion will be more wary as they shill out more to Ukraine during winter when their own financial conditions are rapidly deteriorating in the cold. Once winter is over then talks will be broken off and the war resumes in warmer climate.
 
NiuBiDaRen

NiuBiDaRen

Brigadier
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How China does diplomacy:
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How India does diplomacy:
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Tanzania: oh for sure. we were pleased to share sorrow with the country right next to us on the Human Capital and Human Development Indices.
 
Helius

Helius

Senior Member
Registered Member
supercat said:
[snip]

It seems that Japan is no longer willing to put all its eggs in the U.S. basket. Asking the help of U.K., a country itself is in deep trouble, also reflects Japan's own isolation in Asia.
https://twitter.com/i/web/status/1589015517222035456
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That feeling when you think the UK is a more reliable security partner than the US.

Overbom said:
https://twitter.com/i/web/status/1589153688647790592
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Overbom said:
Well they need to make him think that he is white. That's only when these servants can exert their maximum effort to help the empire achieve its goals

Btw someone should tell him to ask the Americans why they don't bring the carrier closer to China instead of keeping it thousands of kilometres away lol

https://twitter.com/i/web/status/1589134083699126273
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"I ate lunch, and I pooped. Then I took a nap and woke up feeling depressed."
 
FriedButter

FriedButter

Colonel
Registered Member
Mid Terms are in 2 days. Get some snacks and watch the river of tears happen on social media. If the polls are remotely accurate then it’s going to be a landslide. Attacking China will probably be the focal point in 2024.

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Oil in decline – UAE​

Oil will not be here forever and is already in “decline mode,” Suhail Al-Mazrouei, the energy minister of the United Arab Emirates, a major crude exporter, has said.

Speaking at the ADIPEC energy conference in Abu Dhabi on Thursday, Al-Mazrouei warned against “wishful thinking” of assuming that oil “is going to be there forever.”

“No matter how much we defend it, it’s in decline mode,” the official added.

The remark comes as OPEC released its ‘World Oil Outlook’ earlier this week, which forecasts global oil demand continuing to rise until 2045 due to a focus on energy security even as the world moves toward renewable energy.
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I imagine @9dashline is probably twitching on the ground over his excitement with EROI after the UAE comment.
 
siegecrossbow

siegecrossbow

General
Staff member
Super Moderator
NiuBiDaRen said:
How China does diplomacy:
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How India does diplomacy:
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Tanzania: oh for sure. we were pleased to share sorrow with the country right next to us on the Human Capital and Human Development Indices.
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Surprised that they didn’t impress them with white servants.
 
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