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Why Japan Is Doomed
11–20 of 94 posts
Re: Why Japan Is Doomed
#12Here, I'll turn on the Patio11 signal: 00000 0000000 000P11000 0000000 00000
almost 2am in japan - waiting till the morning.
Re: Why Japan Is Doomed
#13What does it look like when a nation becomes insolvient? How does it affect its citizens? Its public services?
You're asking about countries that suffered from hyperinflation (US had a hyperinflation before also during the civil war)
here's a popular blog from a citizen currently living in Argentina http://ferfal.blogspot.com/
Re: Why Japan Is Doomed
#14What does it look like when a nation becomes insolvient? How does it affect its citizens? Its public services?
It looks a lot like how Greece was looking a few weeks back. (Probably still is looking in all likely-hood)
Most of the national debt is written off, public services are cut or re-financed through printing money which has the nasty side effect of inflation and then eventually hyperinflation.
Here's some examples: http://en.wikipedia.org/wiki/Hyperinflation#Examples_of_hype...
Re: Why Japan Is Doomed
#15What does it look like when a nation becomes insolvient? How does it affect its citizens? Its public services?
It looks a lot like how Greece was looking a few weeks back. (Probably still is looking in all likely-hood) Most of the national debt is written off, public services are cut or re-financed through printing money which has the nasty side effect of inflation and then eventually hyperinflation. Here's some examples: http://en.wikipedia.org/wiki/Hyperinflation#Examples_of_hype...
Anybody with personal accounts from Iceland?
Re: Why Japan Is Doomed
#16What does it look like when a nation becomes insolvient? How does it affect its citizens? Its public services?
People might start bartering, i.e., doing business without involving government-backed currency.
Re: Why Japan Is Doomed
#17"Millions of Japanese aged 25 to 34 toil as temps or contract employees-- up from 1.5 million 10 years ago, according to the Ministry of Internal Affairs. These workers tend to earn about one-third the typical "salaryman" wages that their fathers earned" I lived in Tokyo last year in a cheap apartment with alot of young Japanese people, and I was very surprised by their lack of work ethic/prospect from my first time…
> and I was very surprised by their lack of work ethic/prospect from my first time in Japan Why would you be surprised by their "lack of work ethics"? They got fucked hard, so it's understandable that they aren't going to care much for "the man" anymore: they were told their contract was to work like mad in their studies, get to a good university and end up landing a good job in a multinational where they'd work thei…
A strong work ethic definitely matters to getting what you want, no matter what it may be, but you need to reorient the ethic to benefit yourself first. When I work for somebody else I work hard and do the best job I can, as long as I am there, for my own benefit. Among other things if you get in the habit of being sloppy or tardy, it tends to spread to other things you do, and they are hard habits to break once you let them get established.
Re: Why Japan Is Doomed
#18Re: Why Japan Is Doomed
#19"Millions of Japanese aged 25 to 34 toil as temps or contract employees-- up from 1.5 million 10 years ago, according to the Ministry of Internal Affairs. These workers tend to earn about one-third the typical "salaryman" wages that their fathers earned" I lived in Tokyo last year in a cheap apartment with alot of young Japanese people, and I was very surprised by their lack of work ethic/prospect from my first time…
> and I was very surprised by their lack of work ethic/prospect from my first time in Japan Why would you be surprised by their "lack of work ethics"? They got fucked hard, so it's understandable that they aren't going to care much for "the man" anymore: they were told their contract was to work like mad in their studies, get to a good university and end up landing a good job in a multinational where they'd work thei…
I totally agree. I should add that I was surprised merely because in my head, I had this notion that Japanese people were mostly hard working and true to their crafts, before I had entered Japan.
To add, young Japanese people also don't have the option of being an entrepreneur, because that notion is still widely shunned by society. So they toil in misery for many many years without escape.
Re: Why Japan Is Doomed
#20Earlier quoted context omitted.
> and I was very surprised by their lack of work ethic/prospect from my first time in Japan Why would you be surprised by their "lack of work ethics"? They got fucked hard, so it's understandable that they aren't going to care much for "the man" anymore: they were told their contract was to work like mad in their studies, get to a good university and end up landing a good job in a multinational where they'd work thei…
I totally agree. I should add that I was surprised merely because in my head, I had this notion that Japanese people were mostly hard working and true to their crafts, before I had entered Japan. To add, young Japanese people also don't have the option of being an entrepreneur, because that notion is still widely shunned by society. So they toil in misery for many many years without escape.
So how are new companies created in Japan? Doesn't someone have to stick their neck out and be an entrepreneur? You would think that if some of these young Japanese people started companies and hired some of their contemporaries, you could get around that societal disapproval.
I don't think any society would mind having companies that brought them wealth and employment.