nero comments

Does anyone seriously believe that America or anyone in this club would fight a war with China ? Australia gets rich selling rocks and land to China, do you think they will die protecting Taiwan ?

Tell me you're an Anglo Saxon club without telling me you're an Anglo Saxon club.

Is he the one calling Japan a xenophobic country ?

as long as exporters are doing well

The thing is Japan has been running trade deficits. Raw materials imported to produce those goods eat away the dollar brought in from exports. So it's actually better if Japan stopped manufacturing and exporting stuff. Really, the best way to go about it is pull rickshaws for tourists.

@kiwiboy

You don't have to. Neither will I take your well the locals do it too whataboutism. If they are reviled that is not an unfair reflection on them. This is a fair reflection on them. You're not a woman or have a daughter but if you did you're welcome to test your trust in them.

@kiwiboy

Rape per capita in Japan: 1.1 in 100k people. Rapes by U.S personnel : at least 2 in 80k people. "At least" because those two are the ones I get to read here. What about rape per capita in America ? 30x-40x more than that of Japan. If you think you're sure Japan is like America I'm sure you don't know what you're talking about.

I just want to know who is the real president of America. Who is the one running the show ? This guy clearly has checked out long ago.

If you want to see the state Japan go visit Bic Camera. Ten years ago it was selling Hitachi, Toshiba. Then LG and Samsung. Today it's selling funny names like Twinbird or Haier. And when it was an electronic store now it's selling sake, snacks and toothpaste. The bottom line: the yen is weak because there is no more reason why it should be strong.

So how much is the fair rate for yen ? 100 ? 200 ? Let's leave to the market. Then the market gives it a rate. Noo it's not like that they say, it's not fair. So much is the fair rate for yen ?

The things a European would do to flee their dystopia

Japanese should travel locally ? That could work if not because of a million foreign tourists with much more spending power causing hotels and onsen to triple the prices.

Rise minimum wage, the boss will simply fire you.

Rise it even more, the boss will close the company and move it overseas.

The two times when the yen was strong were during Lehman crisis and Covid lockdown.

So there are only two options really:

Work with low pay or be jobless.

Well if you side with the west they will sell you out to China. This way is faster.

@Matt

Actually I just got back from long trip in Thailand and Indonesia. I can see from my bills I spent a little bit more there on comparable items in Japan like dining out or rent. This is not just anecdotal. You can see SEA people coming here on shopping spree.

To recap:

Cheap abandoned houses exist only in Japan.

The owners don't renovate because they're lazy not because the area is dead and everyone's moving to the city.

These akiya are good investment because when the economy and population are shrinking you can bet they will fetch higher price in the future.

So they placed the tripwire at 150 and 160. So much for "we're not defending a line but trying to reduce volatility".

As someone who earns in USD I suffer too. I mean should I sell my dollar now and live like a king or later and live like a god.

You have money problem ? Come to Japan. Japan is the world's ATM.

Try convincing an Australian jury or Judge on the merits of Elon's ego versus keeping some semblance of social order.

Sounds just like Chinese politburo.

In fact if a Twitter post could destabilize your social order then you had no order to begin with. Western society is collapsing and instead of confronting the liberal values that brought you killers and jihadist, blame Elon Musk. It's much easier.

Build Back Better is actually Make America Great Again plus dementia. Who could have seen it.

But how could it be ? Isn't muh stock market hitting record high every day ?

Could it be publicly listed companies like Toyota are doing great because they are selling their products in China and making money in China ?

Seven years for misgendering people !

Some dictatorships today are more free than the west.

It's not "badly". It's "poorly".

Minimum wage is Australia is $23/hr at current exchange rate 2300yen

Not everyone took over a massive bountiful continent and got rid of the owners.

Nurse, care givers even taxi drivers are much useful professions than e*glish teachers.

Why is yen going down ? Why should it go up ? Even with weak yen Japan has been running trade deficit. And amid the noise, raising interest rate is a tool central banks deploy when the economy is overheating. Japan ? It's gasping for air. But it's not so bad. Japan is already undergoing transformation into Bangkok e.g. selling everything for cheap for tourists. And I earn my money from abroad so things couldn't be better.

Nobody trashed it ? Wow imagine living in a society where people don't trash or vandalize these things.

If you think this was a "technical issue", do you seriously think Google is not capable of generating a white man ? Or such error would escape the watch of an army of brilliant programmers and Q&A ? This was not a bug, this was THE design.

So the stock market is on a tear but the country is in recession. It just goes to show that Japan Inc has nothing to do with Japan. They produce their things elsewhere, sell their things elsewhere and make money elsewhere. Really the smart move for Japanese today is to go elsewhere.