4 ms·
Japanese GDP now is ~$500B less than it was in 1995. [1] A country can't experience 25 years of economic stagnation as a whole and magically generate a large co
by elgenie 7y ago
Japanese GDP now is ~$500B less than it was in 1995. [1] A country can't experience 25 years of economic stagnation as a whole and magically generate a large cohort of young people with money to throw around.
Things are a little better in purchasing power per capita terms [2], but not by enough to make a difference.
[1] https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=country:JPN:CHN:KOR&hl=en&dl=en#!ctype=l&strail=false&bcs=d&nselm=h&met_y=ny_gdp_mktp_cd&scale_y=lin&ind_y=false&rdim=region&idim=country:JPN:CHN:KOR:USA&ifdim=region&hl=en_US&dl=en&ind=false https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&...
[2] https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=country:JPN:CHN:KOR&hl=en&dl=en#!ctype=l&strail=false&bcs=d&nselm=h&met_y=ny_gdp_pcap_pp_kd&scale_y=lin&ind_y=false&rdim=region&idim=country:JPN:CHN:KOR:USA&ifdim=region&hl=en_US&dl=en&ind=false https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&...