Netizens discussed: Japan's economy unexpectedly fell into recession

Body translation

Netizen discussion: Japan's economy unexpectedly fell into a recession

Comment translation

@davemorgan6013

Germany is in a recession as well. The only reason it "surpassed" Japan is because of exchange-rate effects

Germany is also in recession, and the only reason why Germany has overtaken Japan is because of the exchange rate

@MileyCyrusPartyUSA

False. There are currently only two G7 members in a recession at present: the UK and Japan.

You're wrong, only two G7 countries are now in recession: Japan and the United Kingdom

@user-ys2zx8zb5l

@MileyCyrusPartyUSA I don't know what basis they have for making such a statement, but Germany is the only major G7 country with negative growth. Japan's real growth rate is 1.2%, which is higher than Germany's -0.5%.

I don't know what they do on this basis, but Germany is the only G7 country with negative growth, and Japan's real growth rate is 1.2%, higher than Germany's -0.5%

@znotft

so Japan actually grows if measured by Yen? But Yen keeps depreciating because of what then?

So if you measure it in terms of the yen, Japan is actually growing, but what is the reason for the continued depreciation of the yen?

@ಹರಿಸದು8998

Japan is a great place. Any country which hasn't grown since 1995 would have riots. They don't.

If a country has been economically stagnant since 1995, they are bound to riot. But this is not the case in Japan, so Japan is a great country.

@Dr.Kay_R

It's because they were ultra rich back then. That money Is still keeping them afloat.

Wait 30 more years

That's because Japan was very wealthy at the time. Japan's wealth is still enough to sustain them. If you have the ability, wait another 30 years to see what happens.

@martinsmith3550

Dr.Kay_R Japan biggest problem is not economic stagnation, but population decline. How can you have riots when there is almost zero birth rate for the past 2 decades ?

Japan's biggest problem is not economic stagnation, but a declining population. In the past 20 years, Japan's birth rate has been close to zero, so how can riots occur?

@martinsmith3550

China economic expansion has been following Japan blueprint, and China likely to experience the same decline like Japan for the next 2 decades

China's economic expansion is following the same path as Japan, and it is likely that China will experience the same recession as Japan in the next 20 years.

@zakwanberlin

@martinsmith3550 that’s Korea, Japan’s birth rate is 1.34

The country with a near-zero birth rate is South Korea, and Japan has a birth rate of 1.34

@TK-pv4lh

@martinsmith3550 our fertility rate has been more than 1.2 for the last 2 decades. What are you talking about?

What nonsense are you talking about? For the past 20 years, our birth rate has been above 1.2

@idip6151

@zakwanberlin Japan's birth rate is almost the same as Canada's 1,4. Yet the problem of Japan is the ageing population, more than 29,5% of 125 Million people are aged 65 or older. Japan now is short in the labour force, there is a study from Bloomberg that Japan will face an 11 million worker shortfall in 2040. According to Nikkei, over 40% of businesses let employees work until age 70, and 52% of companies a shortage of regular employees.

Japan's birth rate is almost the same as Canada's 1.4, but Japan's problem is its aging population, with more than 29.5% of Japan's 125 million people aged 65 or older. Japan is now experiencing a labor shortage, with Bloomberg research showing that Japan will face a labor shortfall of 11 million by 2040. According to Nikkei, more than 40% of companies have employees working until they are 70, and 52% have a permanent employee shortage.

Yeah, Japan's economy was already stagnant after 1995, but that was because the Japan's Asset Bubble, yet now, the stagnant is about Ageing population.

Yes, Japan's economy has been stagnant since 1995, but this is due to Japan's asset bubble, but now Japan's economic stagnation is related to the aging population.