Comments on: On Japan’s dual economy http://www.investoralist.com/on-japans-dual-economy/ where curious minds meet Tue, 31 Jan 2012 09:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Skydaemon http://www.investoralist.com/on-japans-dual-economy/comment-page-1/#comment-2406 Skydaemon Mon, 13 Jul 2009 21:08:58 +0000 http://www.investoralist.com/?p=1367#comment-2406 10 years of depression down the road this could be quite important. If you typecast the Great Depression onto modern countries you get something like:<br><br>Then - Now<br>Great Britain = USA<br>USA = China<br>Germany = Japan<br><br>Japan is certainly ripe for a nationalistic populist to take over leadership, and will be more so as the crisis stretches onward. With companies in Japan reneging on the implied social contracts of lifetime employment, it might finally break their tolerance if that goes on a while. They've sacrificed everything for security and it turns out that they don't even have that any more. 10 years of depression down the road this could be quite important. If you typecast the Great Depression onto modern countries you get something like:

Then – Now
Great Britain = USA
USA = China
Germany = Japan

Japan is certainly ripe for a nationalistic populist to take over leadership, and will be more so as the crisis stretches onward. With companies in Japan reneging on the implied social contracts of lifetime employment, it might finally break their tolerance if that goes on a while. They've sacrificed everything for security and it turns out that they don't even have that any more.

]]> By: Skydaemon http://www.investoralist.com/on-japans-dual-economy/comment-page-1/#comment-2287 Skydaemon Mon, 13 Jul 2009 15:08:58 +0000 http://www.investoralist.com/?p=1367#comment-2287 10 years of depression down the road this could be quite important. If you typecast the Great Depression onto modern countries you get something like:<br><br>Then - Now<br>Great Britain = USA<br>USA = China<br>Germany = Japan<br><br>Japan is certainly ripe for a nationalistic populist to take over leadership, and will be more so as the crisis stretches onward. With companies in Japan reneging on the implied social contracts of lifetime employment, it might finally break their tolerance if that goes on a while. They've sacrificed everything for security and it turns out that they don't even have that any more. 10 years of depression down the road this could be quite important. If you typecast the Great Depression onto modern countries you get something like:

Then – Now
Great Britain = USA
USA = China
Germany = Japan

Japan is certainly ripe for a nationalistic populist to take over leadership, and will be more so as the crisis stretches onward. With companies in Japan reneging on the implied social contracts of lifetime employment, it might finally break their tolerance if that goes on a while. They've sacrificed everything for security and it turns out that they don't even have that any more.

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