DDK comments

You know what? Every country eventually elects the politicians they deserve. Every country. Including the US.

At the very least this mess and the hyperinflation that will kick in in the next few months will serve as an argument to oust him ( and by extension the Republicans ) during next elections.

The only annoying part is that the crashing stock market affects even those of us who aren't American and do not live in the US. But hey, it wouldn't be impossible to think of a world that doesn't use the dollar as standard currency for trade. There was an international currency before the dollar (Pound Sterling), and there will be a currency after the dollar (from the looks of it, Chinese Yuan).

I guess we'll see.

It's not "the depreciation of the yen". Even a 30% depreciation, although big, is not the root cause of the issue. The truth is that flying out of Japan has always been expensive, a situation which has only got worse over the years. I remember the good old times when one could fly to Europe with 100k yen. Not prices below 225k are very rare.

On the other hands, Europeans always get cheap flights to Asia, which in turn means that airlines are literally milking the Japanese population.

Truly disgusting.

such a tragedy.

PS: this man speaks beautifully. So engaging.

https://www.reddit.com/r/aviation/comments/1fdyq3h/can_someone_explain_why_boom_is_a_scam/

As sad as it may sounds, this project is dead. They don’t have any reputable company willing to make engines for them and this is only a demonstrator, so no fuselage concept ready either.

the only way this is going to be possible is with a huge amount of money and with a very long development time, but neither of the twos seem to be stated by boom. Best case scenario, this ends like Hyperloop. Worst case scenario, like Theranos.

Hate to break it to most people, but hiring in America is mostly based on connections.

Given that a white family has on average higher wealth than a black family, better connections are expected, along with better paying jobs.

Merit-based hiring is much more rare than one may think.

And in the Canadian government and the relationship between Japan and Canada being effected? Where is all the drama at. So a Japanese company cannot be purchased from an overseas company but reverse we all get up and arms about it. Hypocrisy

do you have text comprehension problems? The problem is that in this transaction it’s the company being bought that rejects the offer. In US steel both companies have found an agreement which is rejected by the government on non-existent security grounds.

The difference is huge.

If he keeps talking, US ships will soon have to cross the Drake Passage instead of Panama Canal.

The solution is to up the tourist taxes, which would be accepted, and get repeat visitors to visit rural areas - farm-stays, fruit-picking, snow/ski tours, sake breweries etc. Places like Hokkaido, Tohoku and Kyushu should be promoted a lot more.

The overwhelming majority of foreign tourists want to visit rural Japan, so it just needs better promotion.

Frankly, most of the Japanese countryside features cheap-ass hotels and poor services, which of course most visitors are not looking forward to (for example, ryokans have so many rules and most of them are falling apart, which means that they do not attract the foreign crowd with full wallets and ready to spend to enjoy luxury).

Also, I'd like to add, tourism is a flimsy industry which does not contribute to the development of society at large. Bangkok was the most visited city in the world for many years, yet it suffers to basic problems which should not exist in developed cities. Japan needs to choose whether its model is that of Thailand or of a wealthy European country.

Hint: focusing only on tourism will not provide benefits for the country.

I’m afraid this approach won’t work.

Most Japanese university professors don’t understand what it means to teach students or what to expect from a class.

Throwing them into research without the basic knowledge to understand what they’re doing will only produce a lot of low-quality academic work.

I hope I’m wrong, but I do believe that real courses with really motivated instructors need to be put out there because the current research-based approach clearly isn’t working.

Also, it would be helpful if assignments were made more difficult because, in most cases, they’re a joke.

people consider heavily exchange rates when traveling. Friends in the U.S. now are reconsidering their trip. It has become less affordable and with unreadably small hotel rooms at very expensive prices the lower yen amount surely will have its touch. The artificial rate, because of the governments intervention, will overall hurt the Japanese economy as the overfill factors that Japan in the long run can’t compete with China and influx of cheap poor labor, standards are lowering meaning quality is already suffering. The robotic substandard service will only continue the Japan slip in overall gdp

Japan is not an amusement park for US citizens. Some of us work hard trying to build their future here.

The artificial exchange rate was the previous one, not this. The differential in the interest rate between the two countries is what drove up the exchange rate. Now that America must cut the interest rate to save the economy, the exchange rate will favor the yen by a lot (at last)

As far as I’m concerned, they can all go bankrupt. Bad service and crazy rules always discounted as being “Japanese culture”. Not to mention the crazy price hike we have seen in these past few months.

This murder has been handled in a terrible way really.

Those who are interested in knowing more about it can watch the excellent information video put together by KyotoRobato (one of the few foreign content creators I like on YT)

https://www.youtube.com/watch?v=1_E-ev-mqpA

Spent a few days in Cairns for the golden week and the plane was full of Japanese people.

I’m amazed at how cheap Australian hotels are compared to the Japanese ones.

I’m happy to spend a lot of money to travel overseas, but I don’t particularly enjoy going to restaurants in Japan which at this point of my life feel same old same old.

It’s a matter of priorities: if you spend money locally, you won’t have money to travel overseas.

Plus I don’t get this constant chase of higher inflation. How do they measure it? Because I’ve seen quite sizable price increases compared to two years ago, so the constant 2% that they bring up makes me think that they’re using the wrong calculation method.

150 yen and 160 yen per dollar are 6.7% difference. How could this not affect people? How about one reduces their salary by 6.7%: does it affect them?

developing an airplane from scratch is orders of magnitude harder than developing a car from scratch. China managed to do so by heavily relying on western technology. A consortium to achieve the same outcome feels very much like a cow which is to be milked as much as possible before disposing of it.

The consortium may be better off buying Embraer or Bombardier and rename it Mitsubishi something. That’d be far more successful.

Read the article,

I did and I was of the same idea when I wrote this article. PE's hard product improvement over economy is laughable and a waste of money. It's no wonder that PE and F are slowly dying. Polarization of income means that high-income people tend to fly J, middle income fly Y and low income fly LLCs. F adds very little to the J experience, especially if one's objective is to sleep on the plane. What is PE supposed to offer that Y cannot? A broccoli salad? Too little for the extra ask.

Maybe for the airlines you fly with, let me guess Southwest or United? 

Singapore Airlines is head and shoulders above either of those airlines, and I would say any American based airline as well!

This is worth the extra money!

He isn't wrong. Premium economy literally provides a service which is comparable to economy class (= same meals, and only 1 or 2 inches more of personal space) for a much higher price. I fly business when I can afford it or economy when I cannot. Would never dream of wasting money on PE. Unless PE provides lie-flat seats, it's a con job.

A lot of market speak but this might finally convince me to upgrade from my 9 year old workhorse MacBook Air.

I upgraded from an old intel to the top of the line MacBook Pro 16-inch 2 years ago. And it's been a great investment I don't regret at all. I won't replace my laptop until at least M5. But you will be suprised by performance and battery life improvements you'll get switching from an Intel MacBook Air.

Still this nonsense discussion.

1) it is impossible to claim that all those who disappeared have been abducted by North Koreans. Japan has its fair share of unsolved crimes.

2) what would the point be in North Korea refusing to return the abductees at this point? they’ve confirmed some of them had in fact been abducted and have been let go back to Japan.

Being stubborn doesn’t pay off at all. Japan would be better off lifting the sanctions and obtaining information through soft diplomacy.

What I find amusing is that while most condemn China's support for Russia during this unjustified invasion of a sovereign country, most people tend to forget how backstabbing India's foreign policy is. Not surprising, but this is why nobody is taking the world's biggest democracy seriously. At least China is open about its transactions/objectives.

Who wrote this article?

the guy didn’t leave a body on the road, he left a woman on the road where she was fatally hit by a taxi.

talking about a body fatally hit by a taxi doesn’t make sense.

What a sad event. Drivers in Mito and surrounding cities are the worst.

What is not being said is whether the dog has in fact rabies. That's the whole point. This article is nonsense.

totally unexpected.

All those days I used to go to the JAXA building at 3AM: good times! Nice to see this achievement. Per aspera ad astra!

Even after being here close to 20 years I still don’t understand why people wait in line for ages in all sorts of weather when they could get something just as good around the corner without the wait

Herd mentality and plenty of time to waste

Wow the comments... I'm sure some of you were loving the crypto/NFT craze just a few months ago. Of course, you wouldn't share with the rest of us how much money you lost, right?

never bought or intended to buy crypto. And I wouldn’t even call crypto a financial product.

that being said, it’s obvious there’s risk in investing, and one needs to judge whether they can bear that risk or not. Interest rates on bank accounts in Japan are basically 0%. I keep 6 months worth of salary in cash and the rest is invested. Everyone’s needs are different.

I made the call late last year that the Nikkei would test 40,000 points by the end of '24. It should come sooner!

Anyone with a pension or investment fund should be majorly cashing in. Put everything on stocks ASAP. Everyone has the chance now to retire rich!

I wish it were that easy. Unfortunately one can’t really withdraw money from their pension like in other countries. I see those as extra taxes on the paycheck rather than as an investment.

i wish they let people opt out should they wish to. I’d dump all the money in stocks 100%, but that wouldn’t feed into the Ponzi schemes pensions are.