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Japan has stagnated and had debt problems over those 40 years. May I ask you if you saw these as they began to accrue and if you think there is a long term stra
by authorfly 2y ago
Japan has stagnated and had debt problems over those 40 years. May I ask you if you saw these as they began to accrue and if you think there is a long term strategy to address them?
Seems to me as an alien to the culture, that Japan is uniquely happy to continue on conservatively (culturally) without giving in to medium term fixes(e.g. immigration) but with no long term plan for the economics or population. Is this because of a different cultural view on those things and whether they are successes, or failures?
- tkgally 2y agoI’m afraid issues like debt and macroeconomics are outside my expertise. I can only describe my own personal experience: I worked as a freelance translator and copywriter in Japan from 1986 to 2005, and almost all of my clients were Japanese companies. While that period saw the rise and bursting of the bubble economy and what has since been called the Lost Decade (or Decades), I personally felt no effect. My income grew steadily throughout that period, and I experienced no impact from the bursting of the bubble. Superficially, the Tokyo and Yokohama areas where I have lived never looked like they were suffering from economic stagnation. Just yesterday, on the train from Tokyo to Yokohama, I was struck by several large new office buildings going up just north of Shinagawa and the many construction cranes visible elsewhere.
- deleted 2y ago[deleted]