Ding Ding Ding... and a decreasing population on top of that. Imagine how hard it would be to continue increasing your GDP when you have less people worker. They have a lot of troubles. But when you look at GDP per capita or standard of living measurements, Japan is doing great. Very solid economy, but fragile if they can't figure out how to get their decreasing population to spend and produce more.
Abenomics Officially Leads Japan Into A Triple-Dip Recession - Weather Blamed; Nikkei Drops 600 Points, Back Below 17,000
Submitted by Tyler Durden on 11/16/2014 23:30 -0400
UPDATE: The crazy-talk is out already...
As the BoJ pump fades...
and S&P futures are weak...
* * *
Japanese GDP fell for the 2nd quarter in a row making it official - as we warned a month ago - that Japan has entered a triple-dip recession. Againstr hope-strewn expectations that the rebound from a sales-tax-driven slump would create a magical 2.2% (annualized) expansion, Japanese GDP slumped 1.6% in Q3 -missing by the most since March 2011. So no tax increase... and thus fiscal responsibility goes out the window. Abe dissolves government and bails on another failure? The initial kneejerk reaction sent USDJPY surging back over 117.00 (and NKY followed) but that has quickly reversed and NKY futures are 600 off their highs (andS&P futures are back near last Monday's lows).
Abenomics - FTMFW!!!
Missing by the most in 42 months!!
The sell-side "nailed it"
The full breakdown...
Which left this reaction...
and S&P futures tumbled
We can't wait for the spin... buy Japanese satocks because they are in recession which means so much more pent-up demand when Abenomics really works? Oh and by the way... Kuroda just fired his biggest bazooka ever so don't expect any monetary policy reaction to this.
Submitted by Tyler Durden on 11/16/2014 23:30 -0400
UPDATE: The crazy-talk is out already...
- AMARI: ABENOMICS HASN'T FAILED
- SUGA: INVENTORIES, WEATHER, CONSUMER MINDSET CAUSED GDP FALL
As the BoJ pump fades...
and S&P futures are weak...
* * *
Japanese GDP fell for the 2nd quarter in a row making it official - as we warned a month ago - that Japan has entered a triple-dip recession. Againstr hope-strewn expectations that the rebound from a sales-tax-driven slump would create a magical 2.2% (annualized) expansion, Japanese GDP slumped 1.6% in Q3 -missing by the most since March 2011. So no tax increase... and thus fiscal responsibility goes out the window. Abe dissolves government and bails on another failure? The initial kneejerk reaction sent USDJPY surging back over 117.00 (and NKY followed) but that has quickly reversed and NKY futures are 600 off their highs (andS&P futures are back near last Monday's lows).
Abenomics - FTMFW!!!
Missing by the most in 42 months!!
The sell-side "nailed it"
The full breakdown...
Which left this reaction...
and S&P futures tumbled
We can't wait for the spin... buy Japanese satocks because they are in recession which means so much more pent-up demand when Abenomics really works? Oh and by the way... Kuroda just fired his biggest bazooka ever so don't expect any monetary policy reaction to this.
That's not true at all, Hong Kong and Singapore's population is growing at reasonable rate.
Comparing small economies like Hong Kong and Sigapore to large economies like Japan is ridiculous. If Hong Kong or Singapore ever got to 100 million people, which they couldn't because they don't have the resources... they would experience the same problems every other large country has.
According to this: http://www.infoplease.com/ipa/A0934666.html Hong Kong and Singapore both have over 20 times the population density of Japan.
You said if they reached the population they would have the same problems as Japan due to lack of resources, despite the fact they have much higher population density and they don't have those problems at all. I also love how you say you can't compare Hong Kong/Singapore to Japan since their economies are different sizes, yet you use Greece as proof that austerity wouldn't work in America, despite there being a bigger gap in the size of economies of usa/ Greece compared to Hong Kong/Singapore & Japan.
Population density has nothing to do with how many resources you have to support your population. It's not even a relevant argument. Singapore and HK have small populations and are dependent on a service economy. Similar to those small Middle East countries that are filthy rich because of oil. You can't run that kind of economy when you have 120,000,000 more people.
It is a relevant argument since both Hong Kong and Singapore have few natural resources, like Japan, have a much higher population density than Japan, which means there are less resourses to go around, yet both have much stronger economies. Singapore 's economy isn't service based, It's main source of revenue is exporting electronics and chemicals. They get those things by importing the materials, then refining them, then exporting them.
Some things are worth reliving.
Banned Keynesian aaaktard gets his ass kicked by Austrians - again!
"Sell Austrian economics to me"
http://www.politicalforum.com/political-opinions-beliefs/207495-sell-austrian-economics-me.html
Enjoy!
:thumbsup2:
Banned Keynesian aaaktard gets his ass kicked by Austrians - again!
"Sell Austrian economics to me"
http://www.politicalforum.com/political-opinions-beliefs/207495-sell-austrian-economics-me.html
Enjoy!
:thumbsup2:
It is quite amusing watching the libtards pissing and moaning as the world watches their latest Big Govt experiment crash and burn.
Keynesians blame a "decreasing population" and suicidal birth rates - extremely comical for a number of reasons.
You would think their all-knowing Keynesian "mathematical formulas" would have foreseen all this - before recklessly blowing a hole in the budget. After all, this is why "intelligent, educated people" should control society.
Yes, the Japanese no longer get married and have children. The same thing is happening in Europe. Why is this? The short answer - because their leftist social engineers have turned their populations into zombies. In Europe and Japan, the nanny state babies it's citizens cradle to grave, so there's pretty much no incentive or desire to go out and do anything productive...not even sex!
Why have young people in Japan stopped having sex?
http://www.theguardian.com/world/2013/oct/20/young-people-japan-stopped-having-sex
Of course, as the Kenyan's Big Government "fundamental transformation" takes shape in a America (record number of people out of work and dependent on the govt), the same trend will happen in the US as well:
US Birth Rate Hits All-Time Low
http://www.livescience.com/48995-us-birth-rate-hits-all-time-low.html
Social engineering our way to extinction.
Don't worry, I'm sure aaaktard's really, REALLY smart dudes in academia know all this stuff and are right on top of it.
w-thumbs!^
Keynesians blame a "decreasing population" and suicidal birth rates - extremely comical for a number of reasons.
You would think their all-knowing Keynesian "mathematical formulas" would have foreseen all this - before recklessly blowing a hole in the budget. After all, this is why "intelligent, educated people" should control society.
Yes, the Japanese no longer get married and have children. The same thing is happening in Europe. Why is this? The short answer - because their leftist social engineers have turned their populations into zombies. In Europe and Japan, the nanny state babies it's citizens cradle to grave, so there's pretty much no incentive or desire to go out and do anything productive...not even sex!
Why have young people in Japan stopped having sex?
http://www.theguardian.com/world/2013/oct/20/young-people-japan-stopped-having-sex
Of course, as the Kenyan's Big Government "fundamental transformation" takes shape in a America (record number of people out of work and dependent on the govt), the same trend will happen in the US as well:
US Birth Rate Hits All-Time Low
http://www.livescience.com/48995-us-birth-rate-hits-all-time-low.html
Social engineering our way to extinction.
Don't worry, I'm sure aaaktard's really, REALLY smart dudes in academia know all this stuff and are right on top of it.
w-thumbs!^
Banned akphidelt on why the free market simply cannot work:
Why "smart, intelligent people" should plan and run our lives for us. That's why he's a Democrat and Democrats are Marxists.
So many fallacies with his faith-based ideology I wouldn't know where to start.
Let's start with one of the basic tenets of true intellectualism: the more I learn, the more I realize, the less I know.
One of the reasons the Soviet economy eventually collapsed is the "smart people" at the top didn't have the right, or enough information to make "intelligent, informed decisions". Much like today's academic world, their decisions were unaccountable to the external world.
Large-scale planning always fails because the facts upon which is built are unreliable, frequently completely bogus and...because people don't really want it.
Exhibit A: Obamacare
Exhibit B: Abenomics in Japan.
Who didn't know about Japan's demographic crisis?
Keynesian economic planners, that's who! :Carcajada:
Why "smart, intelligent people" should plan and run our lives for us. That's why he's a Democrat and Democrats are Marxists.
So many fallacies with his faith-based ideology I wouldn't know where to start.
Let's start with one of the basic tenets of true intellectualism: the more I learn, the more I realize, the less I know.
One of the reasons the Soviet economy eventually collapsed is the "smart people" at the top didn't have the right, or enough information to make "intelligent, informed decisions". Much like today's academic world, their decisions were unaccountable to the external world.
Large-scale planning always fails because the facts upon which is built are unreliable, frequently completely bogus and...because people don't really want it.
Exhibit A: Obamacare
Exhibit B: Abenomics in Japan.
Who didn't know about Japan's demographic crisis?
Keynesian economic planners, that's who! :Carcajada:
