Yamauchi No.10 Family Office • Hacker News Board

Re: Yamauchi No.10 Family Office

#251

Post by Hoasi » Thu, Apr 15, 2021, 4:35 PM UTC

extraAccount wrote: post #244

Hoasi wrote: post #230

Earlier quoted context omitted.

> Eviction takes YEARS and it's just impossible in some situations (kids in the house), healthcare is free for all, personal debt is not as aggressive as here, unpaid debt is a nightmare to go afer. That may be, for now, but the problems are real. For young people with degrees, wages are not comparable with those of Nothern Europe, and many end up living with their parents for years, in between poorly paid, insecure…

That is quite true, its is probably very difficult for a single person in Italy to go live on their own due to house prices. But as a culture, Italians might also not feel any need to leave home as soon as other people. I live in a neighboring country, Malta, and we share some similarities. Because our country are two small islands, housing is very expensive. So we have a unique case where a lot of people live with t…

> But as a culture, Italians might also not feel any need to leave home as soon as other people.

I agree with your points. This familial habit is a blessing for Italians, given the direction their economy is taking. It is indeed another positive cultural value that, in this case, may even reinforce societal cohesion.

Re: Yamauchi No.10 Family Office

#252

Post by s17n » Thu, Apr 15, 2021, 4:55 PM UTC

simonh wrote: post #249

s17n wrote: post #245

Earlier quoted context omitted.

The alternative suppliers that don't have any employees?

Not necessarily in the same country.

You aren't going to be able to outsource auto maintenance to the next county, much less another country.

(The comment I originally replied to specifically referenced "lube and tire tech" as a role companies have trouble hiring for)

Re: Yamauchi No.10 Family Office

#253

Post by simonh » Thu, Apr 15, 2021, 5:38 PM UTC

s17n wrote: post #252

simonh wrote: post #249

Earlier quoted context omitted.

Not necessarily in the same country.

You aren't going to be able to outsource auto maintenance to the next county, much less another country. (The comment I originally replied to specifically referenced "lube and tire tech" as a role companies have trouble hiring for)

It's not like there's one lube and tyre company in the country, or that they don't compete with each other.

Re: Yamauchi No.10 Family Office

#254

Post by _0ffh » Thu, Apr 15, 2021, 6:06 PM UTC

nwienert wrote: post #217

mlyle wrote: post #192

Earlier quoted context omitted.

> It is still a wonderful culture, people, and country. Of course it is. But that doesn't make the problems less real. The demographic pressure cooker is still cooking-- a greater and greater proportion of national resources go to support an ever increasing fraction of the old, and stopping this is impossible at this point. Prospects for dating and marriage are collapsing for a large chunk of the populace. Government…

3rd highest GDP in the world, wonder how much is just that for their pop size they are already super high. Germany looks almost no different, yet I rarely hear about German stagnation (could just be me though). As an outsider they seem to have a lot higher quality of life than the US in many ways.

Compared to the other nations in the EU Germany is near the top in taxes, near the bottom in median wealth/savings, near the top in productivity, near the bottom in home ownership, near the top in total life-years work until retirement and near the bottom in retirement pension as percentage of the working income.

Germany was a wealthy country once, now it's a disgrace for the median citizen. It's bureaucracy is overbearing and inefficient. It's political class at once haughty, arrogant, incompetent, and corrupt.

Anyone but big business, the rich and the government paid parasitical classes (politicians, bureaucrats and the state media propagandists) gets fucked all day, every day.

Germany is a country in decline. The leadership of the ruling party of the last 16 years is indifferent if not actively hostile towards the common people while the major opposition parties are, if anything, even worse. They have the cool rationality, economic competency and sober long-sightedness of an ethanol-pickeled naked mole rat in a blast furnace.

I wish I could believe otherwise, but as things currently stand I fear that Germany is done. It'll just take a few more decades until everyone notices.

Re: Yamauchi No.10 Family Office

#255

Post by mlyle » Thu, Apr 15, 2021, 6:43 PM UTC

nwienert wrote: post #217

mlyle wrote: post #192

Earlier quoted context omitted.

> It is still a wonderful culture, people, and country. Of course it is. But that doesn't make the problems less real. The demographic pressure cooker is still cooking-- a greater and greater proportion of national resources go to support an ever increasing fraction of the old, and stopping this is impossible at this point. Prospects for dating and marriage are collapsing for a large chunk of the populace. Government…

3rd highest GDP in the world, wonder how much is just that for their pop size they are already super high. Germany looks almost no different, yet I rarely hear about German stagnation (could just be me though). As an outsider they seem to have a lot higher quality of life than the US in many ways.

> 3rd highest GDP in the world

Yes, and slowly sliding down the list.

The demographic one is the real killer. Debt is high compared to their GDP, and their GDP is not growing, and there is a big structural headwind with the population shrinking and getting older.

> Germany looks almost no different, yet I rarely hear about German stagnation

Germany has smaller versions of the same demographic and growth problems. However, Germany's real GDP has increased by about 30% in the last 20 years, versus Japan managing about 18%. About 50% for the United States.

Over the past 30 years: 53%, 32%, 102%.

Re: Yamauchi No.10 Family Office

#256

Post by nwienert » Thu, Apr 15, 2021, 9:33 PM UTC

mlyle wrote: post #255

nwienert wrote: post #217

Earlier quoted context omitted.

3rd highest GDP in the world, wonder how much is just that for their pop size they are already super high. Germany looks almost no different, yet I rarely hear about German stagnation (could just be me though). As an outsider they seem to have a lot higher quality of life than the US in many ways.

> 3rd highest GDP in the world Yes, and slowly sliding down the list. The demographic one is the real killer. Debt is high compared to their GDP, and their GDP is not growing, and there is a big structural headwind with the population shrinking and getting older. > Germany looks almost no different, yet I rarely hear about German stagnation Germany has smaller versions of the same demographic and growth problems. How…

Must be pretty slow as they haven’t changed positions yet.

My stats show Japan looking the same as Germany last 10 years, and near many other European countries.

Re: Yamauchi No.10 Family Office

#257

Post by s17n » Fri, Apr 16, 2021, 2:36 AM UTC

simonh wrote: post #253

s17n wrote: post #252

Earlier quoted context omitted.

You aren't going to be able to outsource auto maintenance to the next county, much less another country. (The comment I originally replied to specifically referenced "lube and tire tech" as a role companies have trouble hiring for)

It's not like there's one lube and tyre company in the country, or that they don't compete with each other.

I think I misunderstood your comment

Re: Yamauchi No.10 Family Office

#258

Post by AILove » Fri, Apr 16, 2021, 5:12 AM UTC

On their current trajectory, they will be an extinct race in about 50 years. Instead of being insular they should look outwards. Open up migration and stop being racial and maybe that will introduce some fresh ideas. You loose some but win in the long term.

Re: Yamauchi No.10 Family Office

#259

Post by astrange » Fri, Apr 16, 2021, 6:27 AM UTC

tablespoon wrote: post #247

simonh wrote: post #233

Earlier quoted context omitted.

I'm sure their customers will completely understand, pay the higher costs without complaint, and not at all go and find alternative suppliers.

>> Sounds like the issue is that the "blue collar industries" employers need to offer higher salaries? > I'm sure their customers will completely understand, pay the higher costs without complaint, and not at all go and find alternative suppliers. The real issue may be that the investors won't understand, and won't take reduced profits without complaint.

Isn't car maintenance the kind of business that's more likely to be an SMB or family-run rather than have investors?

There's brands like Firestone and Jiffy Lube although I thought everyone knew that was a scam by now.

Re: Yamauchi No.10 Family Office

#260

Post by astrange » Fri, Apr 16, 2021, 6:34 AM UTC

onethought wrote: post #204

barneygale wrote: post #56

Earlier quoted context omitted.

Those characters are enjoyed because of the strength of the games that feature them. Nintendo's recent abuse of DMCA is only hurting that legacy. As the grandparent pointed out, Sega are nowhere near this litigious.

Yes, and segas Characters are no where near as strong/popular. It almost strengthens my point

Sega is actually having a resurgence on the back of Yakuza games, although I don't know how many people know any of their other IPs. They did totally disappear for a long time.