Jim Rogers warns that Japan’s simultaneous population decline and rising debt could jeopardize its future without immediate action.
1Capital Region Tiger ★.Dec. 15, 2024 (Sun) 10:58:53.34ID:BpiXRZNJ9
“Japan is experiencing a decline in population and increasing debt at the same time, and if appropriate measures are not taken now, Japan’s very existence may be in jeopardy,” warns Jim Rogers, one of the world’s three largest investors. He explains the true nature of the crisis from his latest book, “The Bank of Japan Will Destroy Japan.” ■Long-term low interest rate policy is “abnormal” even from a global perspective I would like to consider the impact of Japan’s low interest rate policy. It’s common throughout history for interest rates to be incorrect. However, what was wrong with the Bank of Japan’s monetary policy was that it has been continued for a long period of time. The situation in Japan, where a low interest rate policy has continued for nearly 35 years, is unprecedented anywhere in the world, and it can be said with certainty that this is an “abnormal” situation and policy. In other words, the Bank of Japan has taken a different approach than other central banks. In special circumstances, such as after a disaster, a low interest rate policy can be implemented for the short term and produce positive results. But I don’t know of any example where long-term low interest rates have led to prosperity and success. What’s even more problematic is that after a low interest rate policy has continued for so long, many young Japanese today regard low interest rates as normal and the norm. Even though it was a big mistake. I would like young people in Japan today to study history. If we look not only at the situation in Japan, but also at economic and world history, we will come to realise that the low interest rate policy that continued for 35 years was not normal, or rather, was clearly “abnormal”. ■ It is fatal if population decline and debt increase occur at the same time. Full text at source. Last updated: 12/15 (Sun) 6:11.
I think it’s definitely abnormal. This is extremely abnormal, as the ruling party has become anti-cult and is intentionally causing the Japanese people to decline.
Jim Rogers: “In that respect, America is growing healthily.”
Reality: “The number of homeless exceeds 600,000. A movie called “Civil War” is a big hit. When the CEO of a major insurance company is assassinated, both the right and the left join in with a chorus of “Serves them right, who’s the next CEO?” Don’t listen to what this old man has to say. He stinks just like Takenaka Heizo and the rest of them.
>>8 If you only look at the economy, it’s better to cut off those at the bottom who have absolutely no prospects for the future, as if they’re being drugged and there are a lot of zombies. In fact, Japan is the only country in human history that has crazy socialism where they suck money out of the working population and pour it mostly into the elderly.
Why does the media keep writing articles about this person even though he always says things that are off the mark and always gets the opposite results? I guess he’s in the same position as Sergio Echigo, where he’s always willing to say critical things (so it’s easy to write the articles the way they want).
Far from being a country with a long history, it’s only recently that people have been going crazy and making a fuss over tax cuts that haven’t worked in other countries.
It’s not just a simple population decline, it’s a rapid population decline plus an accelerating super-aging population, so there’s nothing we can do about it.
Financial Truth Cult is a religion that advocates tax increases, using the debt-to-GDP ratio as the only absolute criterion for making decisions. It aims to stir up financial anxiety, even though there is no relationship between population growth rate and growth in GDP per capita.
Well, there are problems for people who have children and then carefreely give birth to them, only to realize a few years later that something is wrong with their lifestyle.
>>42 I’m sure anyone could have imagined this, even if they weren’t this old man. The Japanese just couldn’t see it because they had their eyes closed.
>>42 When he first started saying it, most people called him a crazy anti-Japanese Well, to be honest, I thought Rogers was exaggerating You have to admit that most of us had the wrong idea.
Instead, they prioritize maintaining public order, so that can’t be helped. The fact that they say there is no other country as safe as Japan shows just how unique it is. You can’t tell the history of a country just by its economic policies.
Comments