3 ms·
> GDP per capita growth since 1990 is equal to the US Not it’s not. That’s just an absurd claim. Japan had even GDP per capita with the US in 1990, briefly ove
by ffgjgf1 3y ago
> GDP per capita growth since 1990 is equal to the US
Not it’s not. That’s just an absurd claim. Japan had even GDP per capita with the US in 1990, briefly overtook it ~1995.
Now US has more than twice as high GDP per capita (76k vs 34k). The Japanese economy has been stagnant since the mid 90s…
In PPP it’s almost as bad (45k vs 76k).
Now look at Japan and Germany, they were about even until 2007 now Germany is massively ahead.
> citing" without understanding?
Coming from someone who didn’t even bother looking up how Japan’s GDP per capita changed (or rather stayed stagnant) over the last 20+ years?