3 ms·
Mostly offtopic, but: Is it just me, or based on both politics, social dynamics and economic indicators, Japan is economically speaking a house of cards waiting
by nnq 9y ago
Mostly offtopic, but: Is it just me, or based on both politics, social dynamics and economic indicators, Japan is economically speaking a house of cards waiting to fucking fall apart in a huuuuge crysis?! I mean, I guess that aged population coupled with pro-peace/buddshit-style mindsets in some younger ones stabilized things a bit... but for how long?
(Don't tell me US is the same: the transparency with which they wash their dirty laundry in international public waters, and the fact that they have many layers of "social backups" are just two reasons to believe otherwise.)
- toyg 9y agoThe Japanese would rather kill themselves than defaulting on their debts. Until that holds true, and assuming they don't get attacked militarily, the country will continue to be what it is.
- emodendroket 9y agoMost of the holders of Japanese government debt are Japanese citizens, so repudiating the debt is not likely to be a popular move.