Japan debt

What happens if Japan's debt explodes? Would our generation live to see Japan turn into a third world country?

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Why don't they just hit the reset switch and declare bankruptcy?

No because public debt is a political points meme. Most of Japan's PD is owned to Japanese banks. What are they gonna do? Invade themselves?

Theyll be okay. They can unironically print money to get out of this where countrys like Greece were stuck because they cant print Euros.

That's such a fucking normie "solution" if you think about it though. The WordPress of finance.

this, Japan actually on track to become reserve currency if they keep it up
it not coincidence america started copying japans policies recently

Their tourism has grown a ton for the last couple decades, as the yen falls more people will come and spend and hopefully more exports even though korea/chinese has gained so much on manufacturing/selling crap globally and Japan struggles to figure out how to change products for the global market.

The 80s really messed their economy up. I hope they get some sort of renaissance going at some point cause it does seem like long term stagnation will just continue.

Japan's most unique products have stayed in the automobile business. They failed to keep up with communications and IT as South Korea, India, and most of SEA countries are racing to be the top in these technologies.

>if the country owns the printer nothing can go wrong

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>If?
Japan is already in deep shit.

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A Japanese economist actually talked about this in relation to immigration and stuff before and laid out his points very well. Japan will be fine, it's every other country that is in debt and thinks that importing turd-worlders to "improve the economy" will work, that is going to get fucked in the end.

If japan ever got to that point I feel like the other generated would willing commit mass sudoku for the sake of the younger generation

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Its like a last ditch threat that they carry. So if you bought up all their debt and then demanded to be paid back, they could hit print and blow everything up in a very japanese esque way of going out or more realistically do it over a long span of time before it go to that point. Growth would be better but isnt happening yet.

Their startup culture is supposedly growing a bit. They have a few large international sites/apps. They need like a couple very successful ones then the founders would start VC funds and invest in Japanese startups to get a japanese silicon valley culture going.

They should just embrace crypto and invite all the wealthy neets in.

They have embraced crypto, do some research into the backers and investors of Quoine..

Because that debt is owed to someone. Imagine a Bitconnect exit scam 100,000x larger.

Friend, we are gonna live to see the U.S. become a third world country.

Mass Sudoku?

Yeah that would take a long time to straighten out! All those numbers and squares, putting them in order would be more than my old Auntie could handle!

Might even drive the poor thing to seppuku!

No modern generation would do anything remotely resembling that, caring about things and the future especially is for suckers.

Yes, Japan will turn into a shithole country.

The world has been counting on "the American experiment" to fail even before it was a country. America finds a way.

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Your meme game is weak:

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population will be 1000000 in 2025 but they will all be billionaires thanks to forward thinking crypto adoption

>what are robotics

Bro their fine it's japan. They have a massive current account surplus so they're Gucci. Also they own alot of us debt. They're Gucci tho this ratio is mint for nips. If this was Greece then ok

same will happen to america

europe will be lucky to escape relatively unharmed

a country in charge of its own currency really cant go bankrupt

Good news for Venezuela! Whew

Except when nobody want your fake "money".

>2 5's in the same line
Even in death he failed

Japan will never go third world because it is not run by niggers