3 ms·
> It's experiencing Japanese deflation for 20 years. GDP per capita (PPP) in Japan has more than doubled over the past 30 years. https://data.worldbank.org/ind
by yorwba 7y ago
> It's experiencing Japanese deflation for 20 years.
GDP per capita (PPP) in Japan has more than doubled over the past 30 years. https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=JP&view=chart https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locat...
Slow growth is only a problem if you rely on investing to generate your income. Otherwise, even no growth at all is fine.
- AWildC182 7y agoHave there been any major issues with declining QOL in Japan? It might be a cultural barrier but aside from the deflation stories making the rounds, I don't hear much about them suffering because of it.
- raxxorrax 7y agoThey probably don't and economic analysts are probably just bad or lying.