Japan records first trade deficit in 30 years

Interesting read. Used to think they were unstoppable with their exports, but I guess they are becoming less and less competitive with the rest of Asia.

http://globalpublicsquare.blogs.cnn.com/2012/01/29/zakaria-the-end-of-an-era-in-japan/?hpt=hp_c1

Youdo remember there was a freaking huge earthquake, tsunami and nuclear reactorexplosions all at 2011's beginning in Japan? Show me any country that would even be exporting at ALL that is not Japan if that would happen to it.

I guess they'll catch up soon enough, maybe 2, 3 years and boom fully back at it.

Youdo remember there was a freaking huge earthquake, tsunami and nuclear reactorexplosions all at 2011's beginning in Japan? Show me any country that would even be exporting at ALL that is not Japan if that would happen to it.

I guess they'll catch up soon enough, maybe 2, 3 years and boom fully back at it.

Justforvisit

I think maybe they should invade China. Have they tried that yet?Engrish_Major

I think maybe they should invade China. Have they tried that yet?Engrish_Major

Their "invasion" of the U.S. ended with two of their major cities being nuked. How would invading China end any better? I would think it would end with Japan becoming a Chinese state...

[QUOTE="Engrish_Major"]I think maybe they should invade China. Have they tried that yet?Johnny_Rock

Their "invasion" of the U.S. ended with two of their major cities being nuked. How would invading China end any better? I would think it would end with Japan becoming a Chinese state...

[QUOTE="Johnny_Rock"]

[QUOTE="Engrish_Major"]I think maybe they should invade China. Have they tried that yet?sonicare

Their "invasion" of the U.S. ended with two of their major cities being nuked. How would invading China end any better? I would think it would end with Japan becoming a Chinese state...

You think an invasion of China by Japan would turn out well for the Japanese?

[QUOTE="sonicare"][QUOTE="Johnny_Rock"]

Their "invasion" of the U.S. ended with two of their major cities being nuked. How would invading China end any better? I would think it would end with Japan becoming a Chinese state...

You think an invasion of China by Japan would turn out well for the Japanese?

China does that to people.

[QUOTE="Johnny_Rock"]

[QUOTE="sonicare"] I dont think he was serious. But then you may not be serious either and I may just be a little dense this am.sonicare

You think an invasion of China by Japan would turn out well for the Japanese?

Ah. I took "Maybe you should invade China" out of context?

Ah. I took "Maybe you should invade China" out of context?

Johnny_Rock

or maybe they had a big effin earthquake this year lolz

or maybe they had a big effin earthquake this year lolz

Krelian-co

That, most likely, had the largest impact on their economy this year.

with declining population, and the rapid aging, it's probably going to get worse.

Can they lower the value of the yen to increase their exports?Lonelynight

Can they lower the value of the yen to increase their exports?Lonelynight

Can they lower the value of the yen to increase their exports?Lonelynight

with declining population, and the rapid aging, it's probably going to get worse.

Ncsoftlover

Remember when they said that Japan will overtake America as a number one economy of the world? Now look at how much they have fallen.

[QUOTE="Ncsoftlover"]

with declining population, and the rapid aging, it's probably going to get worse.

Remember when they said that Japan will overtake America as a number one economy of the world? Now look at how much they have fallen.

china crushes allcomp_atkins

[QUOTE="comp_atkins"]china crushes allsonicare

[QUOTE="SRW-MKII"]

[QUOTE="Ncsoftlover"]

with declining population, and the rapid aging, it's probably going to get worse.

sonicare

Remember when they said that Japan will overtake America as a number one economy of the world? Now look at how much they have fallen.

[QUOTE="Lonelynight"]Can they lower the value of the yen to increase their exports?Pirate700

It was bound to happen. The yen appreciated against the dollar by a huge amount. 5 years ago it was 120 to $1. Now it's 76 to $1. It's alot more expensive to make stuff in Japan now. The earthquake and tsunami didn't help either.

[QUOTE="SRW-MKII"]

[QUOTE="Ncsoftlover"]

with declining population, and the rapid aging, it's probably going to get worse.

sonicare

Remember when they said that Japan will overtake America as a number one economy of the world? Now look at how much they have fallen.

True, I mean Japan could be a bigger economy than USA, if its per capita GDP is comparable to Monaco or Luxemburg.

But realistically speaking it does not have that many people, and the population is still retiring and dying.

I'd still argue Japan is a more harmonious society though.

[QUOTE="sonicare"][QUOTE="SRW-MKII"] Don't forget about that their debt. Japan's economy hss been stagnant for the last 20 years and it has not gotten better and it will not get better at any points. From what I seen their government is inept and corrupted, because of that it will be much harder to solve their economic crisis.

Remember when they said that Japan will overtake America as a number one economy of the world? Now look at how much they have fallen.

SRW-MKII

well now SONY is not nearly as powerful as Samsung and Apple, they've got no company in the league of Microsoft, IBM and Google.

and Toyota is quickly falling behind Volkswagen and GM in term of production, and soon, profit as well.

[QUOTE="sonicare"][QUOTE="SRW-MKII"] Don't forget about that their debt. Japan's economy hss been stagnant for the last 20 years and it has not gotten better and it will not get better at any points. From what I seen their government is inept and corrupted, because of that it will be much harder to solve their economic crisis.

Remember when they said that Japan will overtake America as a number one economy of the world? Now look at how much they have fallen.

Ncsoftlover

True, I mean Japan could be a bigger economy than USA, if its per capita GDP is comparable to Monaco or Luxemburg.

But realistically speaking it does not have that many people, and the population is still retiring and dying.

I'd still argue Japan is a more harmonious society though.

Japan is a mess and it will only get worse over time. Their culture essentially guarantees their failure over the next 1-2 generations.

If Japan manages to shrink in a mostly harmless way then I think it is the hope of humanity. In this day and age shrinkage is good and growth is bad, economies and countries need to realize that growing forever is not possible and is bad for us and for the planet. We need to start thinking up systems that take into account how to shrink otherwise we are doomed. The current capitalist system doesn't contemplate shrinkage which is why I think it is so stupid and destined to fail under its own weight. If Japan shrinks well without going into fits of fear and rage over their future then I think we can call them a truly civilized nation.kuraimen

Damn, you really are retarded.

[QUOTE="kuraimen"]If Japan manages to shrink in a mostly harmless way then I think it is the hope of humanity. In this day and age shrinkage is good and growth is bad, economies and countries need to realize that growing forever is not possible and is bad for us and for the planet. We need to start thinking up systems that take into account how to shrink otherwise we are doomed. The current capitalist system doesn't contemplate shrinkage which is why I think it is so stupid and destined to fail under its own weight. If Japan shrinks well without going into fits of fear and rage over their future then I think we can call them a truly civilized nation.SpartanMSU

Damn, you really are retarded.

[QUOTE="SpartanMSU"]

[QUOTE="kuraimen"]If Japan manages to shrink in a mostly harmless way then I think it is the hope of humanity. In this day and age shrinkage is good and growth is bad, economies and countries need to realize that growing forever is not possible and is bad for us and for the planet. We need to start thinking up systems that take into account how to shrink otherwise we are doomed. The current capitalist system doesn't contemplate shrinkage which is why I think it is so stupid and destined to fail under its own weight. If Japan shrinks well without going into fits of fear and rage over their future then I think we can call them a truly civilized nation.kuraimen

Damn, you really are retarded.

Just say shrinkage for me, one more time. Please?

[QUOTE="SRW-MKII"]

[QUOTE="sonicare"] Who said that? They never had the population to overtake the US.Ncsoftlover

well now SONY is not nearly as powerful as Samsung and Apple, they've got no company in the league of Microsoft, IBM and Google.

and Toyota is quickly falling behind Volkswagen and GM in term of production, and soon, profit as well.

[QUOTE="sonicare"][QUOTE="Johnny_Rock"]

You think an invasion of China by Japan would turn out well for the Japanese?

Johnny_Rock

Ah. I took "Maybe you should invade China" out of context?

[QUOTE="kuraimen"][QUOTE="SpartanMSU"]

Damn, you really are retarded.

SpartanMSU

Just say shrinkage for me, one more time. Please?

Japan and the Ancient Art of Shrugging

http://www.nytimes.com/2010/08/22/opinion/22kato.html?_r=1&adxnnl=1&adxnnlx=1327969812-SS9KQV1C4ZM3uceuOZcT8w

This is what I'm talking about. Apparently half the japanese wants to shrink and the other half wants to grow. I hope the side who wants a mature nation wins in the end.