The Japanese economy has been propped up for 30 years and now the cracks in the system are becoming too big to paper over. They have no natural resources and rely on imported oil and energy. With a rapidly declining, aging population the young people would rather play video games than procreate. Thus Spoke Zarathustra has lost the will to live.
Read the Gathas by Zarathustra, his actual words are much better than Nietzsche’s, it’s like a ray of sunshine shimmering down through the darkness to herald the day
Japan's energy comes from nuclear. Cheap power helps countries be a economic power. China can manufacture cheaply because they've built 36 coal fired power plants in the last 3 years. But it's the lack of kids that's hurting them. And they have no immigration system.
I have lived in Asia. That culture has burnt itself out. It is over-populated, limited space, resources, and have been managing well as a collectivist society. However, with all the climate catastrophes, and the elite class hoarding their wealth, this is adding to the complete breakdown of their country.
@@MauraCole-c5l The declining birth rate will balance out the Japanese population. But that will also mean the economy will shrink with it's population.
This May Sound Ridiculous To Some. If You Are Hurting Financially, Watch The TV Show The Waltons. Families Need To Adapt, And Support Each Other Sincerely. Young 30 Something’s, Should Not Be Embarrassed To Live With Parents, And Grand Parents. You Will Make It.❤ The Waltons Made It.❤
You make a strong point , I think the same way, and actually got a sawmill 6 yrs ago and went off grid with cast iron cookstove s in my house and outside for a summer kitchen dug a root cellar all in anticipation of the collapse - good luck
I wonder if we got similar situation as in UK in 90,when BOE fight sliding pound and results where absolutely pointless and few individuals get very,very rich and whole country was in recession for long time...
That's what the get for QE Infinity!! The Yen should have gone to 1,000,000 per dollar a long time ago, except that we exported out manufacturing to them and China.
Japan has been limping along for decades, ever since it shot itself in the foot. Though everyone keeps forecasting doom, it dodges doom time and again. Is it for real this time? Judging from predictions of the past that failed ... probably not.
Large wealthy countries just have the ability to kick the can down the road much longer that is all. It will crash- economic fantasy monetary policy is just that fantasy and hopium
Survival may be based again on concrete needs being met. The laws that are trying to even limit basic survival of homelessness, access to food and growing food, property rights, air quality, access to safe water are all under attack right now. These will have to be FIERCELY PROTECTED by mass protests and will trigger eventually REVOLUTION and complete societal breakdown. If you try to CAGE a country of animals, deprive them of ALL their basic needs to survive, those MASSES of HUMAN ANIMALS are obligated to fight for their survival. It is in natures biological survival design. The elites will LOSE more than they plan.
I remember in the late '80s or perhaps early '90s when the Japanese were not happy because the Yen was strengthening rapidly against the USD. Now they are supposed to spend billions to bolster the Yen? Is Japan no longer an export economy whose goods will now be cheaper which should allow them to sell more Japanese goods and services?
@@Luke_Stoltenberg Rents are kept in pocket by the government. People can still rent a place in Tokyo for under $1K. Not nice places, but it's somewhere to sleep. I don't think you can rent anything at the price in any other 1st world megacity. Not in the West, at least. I believe they started subsidizing rents in the late 90's East Asian crash. It must also be for commercial properties. I was shocked at how many independent businesses are there. There's no way they could stay alive with inflated rents like in the West. I don't think the JP gov taxes small businesses to hell, either. So they keep employment up that way, too.
Actually, it is best to ensure you buy the resources that you think you will actually NEED. ( The basics) We have been doing this for years. Anything self-sustaining. We have tablets to clean-water to make it potable (drinkable). Solar back-ups when the grid goes down. Seeds to grow food. These are examples. Tools. An inflatable boat in case of flood emergency. These are safety planning items.
I am protecting myself against recessions by shorting gold, waiting major gold crash the next 2 days, nobody expecting it and that's how crashes happen
Japan depends on exports, so it is at least safeguarding a primary channel of income from the rest of the world, especially the U.S. At the same time the Japanese continue to save, so individuals have also safeguarded their own households. Both economic realities contrast sharply with the U.S. experience, where the strength of the dollar continues to strangle our export outlook and gives us very little FX elbow room without completely collapsing both our banking system, the U.S. consumer and, alas, the economy, the consequence of which, in desperation, we have no other alternative than to... monetize debt and... inflate... big time. Uh oh....
@@SG-js2qn usa borrows money of Japan at very low interest rates , borrows that money out in usa at bigger rates and keeps the billions of dollars profits, nice scam for some 🙄
Sure, that's what happened. It couldn't be the world is filled with financially ill responsible countries. There is a reason the US debases it currency. They have to keep up with all fools in the world.
To prevent further weakening of the Yen, Japan could try cutting government spending. Selling their US bonds will only postpone the problem until the trillion dollars are gone and then they will have to cut government spending anyway because that is the cause of the problem.
Japan is positioning to become the new China. That said, I need to see what my old college crushes are doing now there. THEY MAY BE AT A STEEP DISCOUNT 😂
What would happen if the US just heavily invested through third parties in brics since it will be a backed currency? Couldn't the US just subvert the situation kind of like it's investment in bitcoin? I don't honestly know, just curious. 😅
AUKUS is a waste of resources. Japan is acting like the US. But, the US is also falling. That's the main reason they are going after China. Can't compete because there's no will inside. Therefore, try to restrict competition.
In Australia ,Japan pulled Toyota from manufacturing 7 Years ago, it was importing only cars went up 30% till covid hit, they held back cars to keep price up & increasing. Now china free trade ( cheap cars )1/2 price of imported japan car More models to come no stopping
Finally the Dem seat on Fox is filled with someone i enjoy listening to. How about Fox just not put any dumbasses in the Dem seat? Novel right? No more Dems so we don't have to complain about them lying their butts off.
separate from two state solution for UN West colonialism against international law pressures East to oppose West engaging two state solution as colonialism against international law
G'day guys, so with a near zero % on cash in the Yen, money is fleeing, but the U.S " could drop rates" as soon as this month,,,, hehehe let's see. BTW, inflation rate in Australia just ticked up again to 4.1, yep let's drop interest rates so people get even more in debt ( borrow more ), yah this won't affect inflation at all,,,,, BBBBBWWWWHHHAAA
This is not Japan's first rodeo, they have been here before, have a look at the end of the last millennium online as your research seem somewhat lacking. What is your day job?
Move to area with local independent farmers, saw mills, metal shops, welders, black smiths etc. Economically a soft landing calculably impossible.
The Japanese economy has been propped up for 30 years and now the cracks in the system are becoming too big to paper over. They have no natural resources and rely on imported oil and energy. With a rapidly declining, aging population the young people would rather play video games than procreate. Thus Spoke Zarathustra has lost the will to live.
China population decline is much worse.
Read the Gathas by Zarathustra, his actual words are much better than Nietzsche’s, it’s like a ray of sunshine shimmering down through the darkness to herald the day
Japan's energy comes from nuclear. Cheap power helps countries be a economic power. China can manufacture cheaply because they've built 36 coal fired power plants in the last 3 years. But it's the lack of kids that's hurting them. And they have no immigration system.
I have lived in Asia. That culture has burnt itself out. It is over-populated, limited space, resources, and have been managing well as a collectivist society. However, with all the climate catastrophes, and the elite class hoarding their wealth, this is adding to the complete breakdown of their country.
@@MauraCole-c5l The declining birth rate will balance out the Japanese population. But that will also mean the economy will shrink with it's population.
We are already in a Recession.
Yes we are
Yup, getting tired of hearing were heading into a recession. Were actually heading into a depression alot worse than 1929
Absolutely
Have been since 2021
This May Sound Ridiculous To Some.
If You Are Hurting Financially, Watch The TV Show The Waltons. Families Need To Adapt, And Support Each Other Sincerely.
Young 30 Something’s, Should Not Be Embarrassed To Live With Parents, And Grand Parents.
You Will Make It.❤
The Waltons Made It.❤
Goodnight John Boy!
You make a strong point , I think the same way, and actually got a sawmill 6 yrs ago and went off grid with cast iron cookstove s in my house and outside for a summer kitchen dug a root cellar all in anticipation of the collapse - good luck
AMEN!!!!
Yes build strong local communities and local economic eco system for resilience, and freedom, many old houses1850-1950 were big for a reason.
Also, Little House on the Prarie
$525 billion to Ukraine and $750 billion to illegals and $700 to Maui people that’s your president America-
Don't forget $1.9 trillion for Trump tax cust and $4.6 trillion for covid relief and PPA. What a waste.
Yeah, but I'm still livin on my covid stimulus check 😊
@@mikekratt3110 Yeah, but Joe Biden wants that back.
@@bogususer2595 Don't forget, Trump tax cuts put our money back into our pockets instead of some wokester who does not want to work
Don't just blame Biden, it's all of Congress
This is why Malaysia/Thailand/Vietnam are looking to trade in their own currency and stuff the reserve currency.
I wonder if we got similar situation as in UK in 90,when BOE fight sliding pound and results where absolutely pointless and few individuals get very,very rich and whole country was in recession for long time...
That's what the get for QE Infinity!! The Yen should have gone to 1,000,000 per dollar a long time ago, except that we exported out manufacturing to them and China.
Japan has been limping along for decades, ever since it shot itself in the foot. Though everyone keeps forecasting doom, it dodges doom time and again. Is it for real this time? Judging from predictions of the past that failed ... probably not.
Large wealthy countries just have the ability to kick the can down the road much longer that is all. It will crash- economic fantasy monetary policy is just that fantasy and hopium
Cause we are all ,worldwide,behind Japan !!
Thank you Steve
Even worse, the entire world is seeing America's 🇺🇸 "Justice Department" in action- Two-tiers ⚖️
Biggest problem: China doesnt want Japanese gas cars anymore. Skip recession more like a depression coming for Japan.
The dollar to yen ratio is at it's highest today since the 1980s.
in Idaho they tell farmlands cannot use waterways and cannot build waterwells
yeah were headed toward the worst economic strife in american history. the government has gone rogue..
@@anthonymiles1446 more like ignorant and stupid. We have puppets and dummies running the west. I have my passport in case I have to flee.
You vill eat ze bug
You vill own nothing
And you vill be happy
Or else
😂🤣
Wow, I never been married…
Survival may be based again on concrete needs being met. The laws that are trying to even limit basic survival of homelessness, access to food and growing food, property rights, air quality, access to safe water are all under attack right now. These will have to be FIERCELY PROTECTED by mass protests and will trigger eventually REVOLUTION and complete societal breakdown. If you try to CAGE a country of animals, deprive them of ALL their basic needs to survive, those MASSES of HUMAN ANIMALS are obligated to fight for their survival. It is in natures biological survival design. The elites will LOSE more than they plan.
Everyday the world is ending according to this guy. Yet we are still here.
You’re very naive if you actually believe something isn’t happening. Ww3 is about to happen you can cope all you want
JPN is ok with lowering the value of the Yen. Sounds good to me. Expensive for the people, but it works.
The USD is nothing I'll take over Japanese yen...USD has zero purchasing power. WE ARE LIVING WITH THIS.
America produces nothing but copyrights and some farm produce. The world needs manufactured goods.
I remember in the late '80s or perhaps early '90s when the Japanese were not happy because the Yen was strengthening rapidly against the USD. Now they are supposed to spend billions to bolster the Yen? Is Japan no longer an export economy whose goods will now be cheaper which should allow them to sell more Japanese goods and services?
The only thing keeping Japan together are rent controls. If the rents got inflated like in the West there'd be more homeless in JP than the US.
What rent controls?
@@Luke_Stoltenberg Rents are kept in pocket by the government. People can still rent a place in Tokyo for under $1K. Not nice places, but it's somewhere to sleep. I don't think you can rent anything at the price in any other 1st world megacity. Not in the West, at least.
I believe they started subsidizing rents in the late 90's East Asian crash. It must also be for commercial properties.
I was shocked at how many independent businesses are there. There's no way they could stay alive with inflated rents like in the West. I don't think the JP gov taxes small businesses to hell, either. So they keep employment up that way, too.
I missed the part where our tax dollars are for every other country but our own...
people will be using wheelbarrows of dollars to buy bread soon
Virmar Republic!!!
@@Litterbaux lt sounds like payday loans or loan sharking , and to pay for it !!😖😖😡
7-to-8 percent home loan interest rates - and higher - coupled with today’s inflation rate and inflated local tax burdens - will kill home sales….
Devastating, it's devastating baby. It's the end of the world as we know it, and I feel fine..............
Better call Godzillia
Janet Yellen to Japan: " Don't make me come over there!"
Japan :: kiss my ass !!
Janet Yellen Is Feckless, Absolute.😂
Dystopia Is Coming. For Some, It’s Already Here For Them
Stop Spending. Save Every Spot Of Wealth; NOW.🌹
Actually, it is best to ensure you buy the resources that you think you will actually NEED. ( The basics) We have been doing this for years. Anything self-sustaining. We have tablets to clean-water to make it potable (drinkable). Solar back-ups when the grid goes down. Seeds to grow food. These are examples. Tools. An inflatable boat in case of flood emergency. These are safety planning items.
'Young-Global-Leaders'
Are in trouble...
Such a shame
Where do they live again
Bbq I'd warming up
All that money spent on the Ukraine war and illegals would of made this country the greatest and we would not. Be in this mess depression coming enjoy
I wouldnt be suprised if japan jumped ship from the western alliance.
Do you see the dollar being worthless outside the us,some day soon.
Yeah, let's drop rates and spike inflation....good Jesus, this is insane.
There is no hope
I am protecting myself against recessions by shorting gold, waiting major gold crash the next 2 days, nobody expecting it and that's how crashes happen
Why doesn’t the USA $ back to the gold standard?,what impact would this have on stopping a inflationary collapse?
Japan depends on exports, so it is at least safeguarding a primary channel of income from the rest of the world, especially the U.S. At the same time the Japanese continue to save, so individuals have also safeguarded their own households. Both economic realities contrast sharply with the U.S. experience, where the strength of the dollar continues to strangle our export outlook and gives us very little FX elbow room without completely collapsing both our banking system, the U.S. consumer and, alas, the economy, the consequence of which, in desperation, we have no other alternative than to... monetize debt and... inflate... big time. Uh oh....
Devastating........................consequences
FJB and all Democrat voters!
PAB
You obviously have no idea it's all Monopoly money lol
@@sal4856 You need to work on your redirection tactics.
"They're" all bad. They all eat steak dinners at 5-star restaurants while the troops are fighting...
Lookin good steve!
Japan ruined its country for its masters in America 😮
Not remotely.
@@SG-js2qn usa borrows money of Japan at very low interest rates , borrows that money out in usa at bigger rates and keeps the billions of dollars profits, nice scam for some 🙄
Sure, that's what happened. It couldn't be the world is filled with financially ill responsible countries. There is a reason the US debases it currency. They have to keep up with all fools in the world.
It's their shrinking population
I live in uk was born into recession in 1971,always bèen a dump,coastline is rottern,its turned into a zoo ,no fierce animals,
They’re not in panic
Steve aren’t interest rates the answer ??, as in lift them ??.
IT'S GOING TO F****G ZEROU! ZEROU!
The bigger the crisis, the more can be gained in the clean up.
It's going........................to ZERO
It's going......
....to zero!
Your on fire-literally
All out……………..Currency crisis
Market not 'mis-reacting to it'. Dollar Milkshake.
It seems odd to me, as I watch this, that the dollar is down against the yen. What am I missing?
LONG STEVIE WONDER ! I need to build a 3 rd garage
To prevent further weakening of the Yen, Japan could try cutting government spending. Selling their US bonds will only postpone the problem until the trillion dollars are gone and then they will have to cut government spending anyway because that is the cause of the problem.
LETS GO TO THAILAND FOR RELAX.......❤❤❤
The word imminent needs a new definition.
The US exports inflation to Japan through US treasuries.
print more paper bonds to prop up the paper money!!!!!
I thought that you were going to say that BITCON was on the menu…..
Japan is positioning to become the new China.
That said, I need to see what my old college crushes are doing now there.
THEY MAY BE AT A STEEP DISCOUNT 😂
I bet it's not going to zero!
each person follow God's leadership
What would happen if the US just heavily invested through third parties in brics since it will be a backed currency? Couldn't the US just subvert the situation kind of like it's investment in bitcoin? I don't honestly know, just curious. 😅
Brics is a joke. None of those currencies are worth anything.
So are we doing a dutch revoltiin qith the ceos and bbqs
Watch July 15/2024…..chatter on the wires….
consumer < export business...
AUKUS is a waste of resources. Japan is acting like the US. But, the US is also falling. That's the main reason they are going after China. Can't compete because there's no will inside. Therefore, try to restrict competition.
It's going to negative zero!
What is Fs? Except FJB
In Australia ,Japan pulled Toyota from manufacturing 7 Years ago, it was importing only cars went up 30% till covid hit, they held back cars to keep price up & increasing.
Now china free trade ( cheap cars )1/2 price of imported japan car
More models to come no stopping
Finally the Dem seat on Fox is filled with someone i enjoy listening to.
How about Fox just not put any dumbasses in the Dem seat?
Novel right?
No more Dems so we don't have to complain about them lying their butts off.
Japan is Godzilla! 😂👊🏼
separate from two state solution for UN West colonialism against international law pressures East to oppose West engaging two state solution as colonialism against international law
Hi
G'day guys, so with a near zero % on cash in the Yen, money is fleeing, but the U.S " could drop rates" as soon as this month,,,, hehehe let's see.
BTW, inflation rate in Australia just ticked up again to 4.1, yep let's drop interest rates so people get even more in debt ( borrow more ), yah this won't affect inflation at all,,,,,
BBBBBWWWWHHHAAA
No problems, they manipulated anyway
FJB
I will only believe it if the network news tells me
😂😂😂😂😂😂
But they are causing the crisis.
The Japanese need to join BRICS
This is not Japan's first rodeo, they have been here before, have a look at the end of the last millennium online as your research seem somewhat lacking. What is your day job?
👍👍👍
Better buy Bitcoin 🎉
Hey Steve, get some new titles.
Ok
You keeps talking for zero,economy zero but index keep flying.. ma dai! 😅
He's usually so chippet
Chipper
🎉🎉🎉🎉🥳🥳🥳🥳😂😂😂😂
Cnn
pierwszy
1st❤
You can melt all u want markets going higher
And to Japan go ahead join brics
I’m Saving This Episode, For Future History.🧮🫶🏻
I’m Saving This Episode, For Future History.🧮🫶🏻
💩💩💩💩💩🤡🤡