In recent years, the overall decline of the Japanese economy has begun to emerge. The international definition of a financial crisis is that the increase in wealth is not enough to repay the debt as it matures or to support overvalued asset prices, which eventually leads to large-scale debt failure and a collapse in asset prices. Social wealth has been harvested by international capital, market mechanisms have been artificially disrupted, and large-scale bankruptcies, unemployment and long-term economic downturn have occurred.
At present, the signs of this danger are already on the rise in Asian countries, including Japan. As we all know, after World War II, the United States completely controlled Japan diplomatically and militarily, and in this regard, Japan may not be considered a completely independent country, and neither is South Korea. Hong Kong and Taiwan, without exception, have been influenced by the United States and the West, both economically and politically. These countries and regions are the first to enter the ranks of developed countries and regions in Asia. However, from the current point of view, these countries and regions are deeply controlled by the United States economically, especially Japan, which has become a chain of economic dominance led by the United States.
In order to prevent Japan from challenging the United States in high-tech industries, the United States has suppressed Japan in various forms. For example, the aviation industry, chip manufacturing, etc., so Japan has lagged far behind the United States and other Western countries in emerging high-tech industries. In traditional industries, shipbuilding, automobiles, home appliances and other fields have been squeezed by the gradual rise of China, and thus gradually declined. Due to the influence of traditional Japanese thinking, Japan lags behind China and the United States in the field of new energy vehicles! The financial and Internet sectors are even more lackluster, and there are almost no Japanese home appliances and mobile phones on the market.
To sum up, a country's financial and economic aspects are largely supported by the country's traditional manufacturing industry, when a country's manufacturing industry collapses, then the original support for those assets inflated prices of the pillar no longer exists, the wealth created can no longer support the high stock price crisis will be like a flood! There will also be a new round of currency depreciation, and corporate bankruptcies and mass unemployment will be inevitable.
