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Yamauchi No.10 Family Office

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Re: Yamauchi No.10 Family Office

#282

Besides being a beautiful website, I was rather touched by their call to action: "Seeking stability only clouds your soul. Fear of failing only kills the seeds of innovation. We must create a more exciting future where people feel free to dream and leap into a world of possibilities. We must create a freer future where people are eager to truly live." It's hard not to love Nintendo. Also TLDR for those that didn't sc…

Man, your world must be really screwed up if you "love" corporations

Re: Yamauchi No.10 Family Office

#283

Besides being a beautiful website, I was rather touched by their call to action: "Seeking stability only clouds your soul. Fear of failing only kills the seeds of innovation. We must create a more exciting future where people feel free to dream and leap into a world of possibilities. We must create a freer future where people are eager to truly live." It's hard not to love Nintendo. Also TLDR for those that didn't sc…

Man, your world must be really screwed up if you "love" corporations!

Re: Yamauchi No.10 Family Office

#285
post #280

Earlier quoted context omitted.

The premise and conclusion are wrong. You want to compare the whole picture not just growth form your arbitrary start at the peak of a mountain (your false framing). And you can just adjust them to the same Y axis, no need for log. We care about the marginal dollar. You’re doing a lot of work avoiding looking at the graph I posted in earnest. It’s the right graph, and again you can’t choose an outlier.

I strongly disagree it's the right graph. I wonder if you're just trolling at this point. Comparing growth rates of countries by looking at absolute values of dollars from countries of different sizes is madness. I've given you 5 different framings at this point: * Real GDP PPP % change over 30, 20, and 10 years to the most recent fully reported year. * Share of high-income country GDP over last 20 years * Per capita…

The second graph I posted is GDP PPP, please tell me how the light blue line is an outlier.

Re: Yamauchi No.10 Family Office

#286
post #254

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.

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 overb…

Wow, this reply is so strong. It sounds like you a person who knows Germany very well. What country do you think is doing any of these things better than Germany? Austria, Switzerland, Belgium, Netherlands, Uruguay, Israel, South Korean, Taiwan, Japan? Please share your thoughts.

Re: Yamauchi No.10 Family Office

#287
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.

Sorry, but I feel GDP is meaningless when discussing quality of life for average people. Example: China is now regularly touted as having the world second largest GDP, recently surpassing Japan. But GDP per capita is more than a decade away from catching up (and that is optomistic). Also, even GDP per capita isn't a very good measurement if wealth distribution is very skews or social mobility is very low.

Re: Yamauchi No.10 Family Office

#288
post #246

Earlier quoted context omitted.

Thank you for your honest reply. Here is a thought experiment about growth: What if Google never grew again, but maintained the same revenues and profits going forward? To be clear: Their stock price would crash because portfolio theory teaches us that stock price is an indication of future earnings growth. This is what Japan looks like in my mind: Very rich and developed by global standards, but mostly economically…

Rebuilding is not a problem. It is the birth rate that is a problem. Tokyo is vacuuming everyone from countryside. You get some refugees in their 30s moving back but it is a trickle. This fund is a typical Japanese corporate bullshit. You can see who manages it an know everything you need to. They could just pay 10mil yen stipend per child after second and it would be far more effective. Japan needs young people, per…

Sorry for my late reply. This comment is brilliant: > I agree: A massive child bonus might really shift the mindset of couples to have another child. At the very least, it would be a humane, worthy social experiment, akin to universal basic income. I wonder what (South) Korea and Italy are going to do. Their demographics are looking more and more like Japan everyday.
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