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How Japan Bankrupted Itself: The story of Japan’s decline — and the lessons for Europe.
The Globalist ^ | 12/22/2014 | By Daniel Stelter

Posted on 12/22/2014 4:18:21 PM PST by SeekAndFind

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1 posted on 12/22/2014 4:18:21 PM PST by SeekAndFind
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To: SeekAndFind

In fact Japan is showing Europe how it is NOT done:

You don’t import ARMIES of people who loathe your country.

To do so is retarded, and Europe has done exactly that.

TIP — Stupidity is bad but avoid total retardation.

Japan will NEVAR import people who loathe Japan, hate technology, and want to return to the 7th Century.


2 posted on 12/22/2014 4:21:03 PM PST by gaijin
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To: gaijin

Regardless, looks like Japan is screwed. Certainly they don’t have anything on the Euros.


3 posted on 12/22/2014 4:28:03 PM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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To: gaijin

RE: In fact Japan is showing Europe how it is NOT done:

You don’t import ARMIES of people who loathe your country.

______________________

Then Japan only has two other choices demographically:

1) Have more babies

2) Be open to immigration, albeit CAREFULLY and based on criteria advantageous to the country.


4 posted on 12/22/2014 4:30:03 PM PST by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: gaijin

Is this what China is heading for when the bubble bursts.


5 posted on 12/22/2014 4:31:50 PM PST by spawn44 (MOO)
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To: SeekAndFind
Here again, Europe has reason to worry. Europe is in the beginning of a similar demographic development – albeit one that is not as severe in all European countries as it is in Japan, thanks to the European Union’s more open immigration policies.

Is the writer nuts?! Most of Europe's immigration is due to muslims. Europe will pay a heavy price for allowing this unfettered immigration.

6 posted on 12/22/2014 4:37:25 PM PST by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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To: gaijin

I agree, Japan has problems but when they solve them, they will still be Japan.

America destroyed itself through immigration, and Europe will never recover, even if they ended it today.

The West has committed suicide, for short term gain.


7 posted on 12/22/2014 4:40:35 PM PST by ansel12
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To: SeekAndFind

A good chunk of the economic growth Japan enjoyed was born with the virtual total replacement of the capital stock in Japan after WWII, much of it with US help. Japan also saw its stock of capital all age to the point of replacement within a short time frame and did not have the funds to replace what was wearing out. It appears that some chewing gum and band aides were the way out rather than facing up to the real issues. The piper was not only not paid, he left town.


8 posted on 12/22/2014 4:41:07 PM PST by econjack (I'm not bossy...I just know what you should be doing.)
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To: SeekAndFind

Japan will never opt for your #2, immigration. It’s hard for them even to accommodate the 1% or so that are (mostly secretly) Korean, and there is no other ethnic group as closely resembling (and in many ways acting) Japanese than Koreans, despite history and the rivalry.

You know what most people say of Japanese men who marry Phillipina or Thai women?

They say these men married PROSTITUTES.

They don’t even say it venomously, and 99% don’t say it at all.

But that’s exactly what most people think.

To be different in Japan, well....it’s very close to making people uncomfortable. They want you to be totally fluent, totally at ease with many levels of speech and to instantly know The Way to Behave in 100 different situations.

This just not jump out at short-term visitors and many of those who stay long term gradually find it impossible to fully make this important stuff explicit.

They day you see Japanese cops who are fully ethnically Phillipino, well...to me it’s inconceivable.

Japan is going to make robots to take care of the old people and they’ll stubbornly skootch through the Silver Bulge.

They won’t raise immigration even 5 or 10%, I think.


9 posted on 12/22/2014 4:42:40 PM PST by gaijin
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To: gaijin

From your screen name, I guess you must be a foreigner living in Japan...


10 posted on 12/22/2014 4:46:01 PM PST by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind
I've read a few articles about how Japan seems on the verge of a spiritual awakening, #2 might be the final push, especially if the immigrants are chosen from places w/ deep Protestant roots. (The Protestant work-ethic is/has-been credited w/ building capitalism.)
11 posted on 12/22/2014 4:46:17 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: SeekAndFind
Finally, the Japanese government built up a huge debt load, rising from about 50% of GDP at the end of the 1980s to close to 250% today.

Paul Krugman would say they didn't borrow enough.

("And the big fool said to push on!")

12 posted on 12/22/2014 4:47:55 PM PST by MUDDOG
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To: SeekAndFind

Even with all its problems - Japan will be Japan 100 years from now. America and Europe will not...


13 posted on 12/22/2014 4:49:12 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: SeekAndFind

bump


14 posted on 12/22/2014 4:57:44 PM PST by WashingtonSource
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To: gaijin

Japan is importing Koreans and treating them like 2nd class citizens.


15 posted on 12/22/2014 4:58:14 PM PST by Forward the Light Brigade (Into the Jaws of H*ll Onward! Ride to the sound of the guns!)
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To: 2banana
Even with all its problems - Japan will be Japan 100 years from now.

Not unless they start breeding at a much higher rate. World history teaches us nothing lasts forever.

16 posted on 12/22/2014 5:04:50 PM PST by WeatherGuy
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To: gaijin

Japan needs to eliminate all disincentives to marry and have children, and create incentives. Structure things so that young people know they will either have 3 or more kids or have a miserable retirement.


17 posted on 12/22/2014 5:05:10 PM PST by SauronOfMordor (Socialists want YOUR wealth redistributed, never THEIRS!)
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To: gaijin

What’s with the lack of children?

We have to spend billions to brainwash our birth-age population into not making enough children. Are they spending even more?


18 posted on 12/22/2014 5:10:06 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: zeestephen

Ping - Japan


19 posted on 12/22/2014 5:11:51 PM PST by zeestephen
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To: spawn44
"Is this what China is heading for"

No comparison.

Japan is an island nation the size of California with little or no natural resources of it's own, other than it's people.
20 posted on 12/22/2014 5:16:47 PM PST by indthkr
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