Will Japan's Economy Ever Recover?

[@BehindAsia]

Do you think Japan's economy will eventually recover from its stagnation?

[@Panguin1]

yes

[@ういっきゅっきゅっ]

おそらく無理かと

[@BeatoricheChannel-yy4gk]

Nope it wont

[@olderchin1558]

No, for GDP numbers. But Japan don't have a economic problem until now. Japan will be facing a trade deficit problem soon. It will need to devalue the Yen further.

[@jonlaurenzreyes1902]

it really depends on its people and its government, they need economic changes, new innovations, and re-populate.

[@takosdon7754]

It is too simplistic to talk about the economy only in terms of GDP. To begin with japan is a typical domestic demand country, with domestic demand accounting for 75% of the economy. And 60% of GDP is personal consumption. In other words, GDP isn't growing because consumer spending isn't growing and the reason for this is that wages have not increased for the past 30 years. However as explained in the video, japanese major corporations have been performing well over the past few years, with their stock prices rising across the board. If companies start to return profits to their employees, japan's GDP will also rise.

[@zacapps5029]

Well said.

[@treystephens6166]

Are 👃🏻 in Japan 🇯🇵 ???

[@takosdon7754]

@@treystephens6166 ?

[@takosdon7754]

@@treystephens6166 ？

[@treystephens6166]

@ oh come on, you know who. We can’t say their name.

[@rightlibertarian4412]

If only Japan's economic miracle had happened a decade later, if Japan hadn't managed the country so perfectly that its economy grew in such a short period of time, and if the US had a bigger economy than $7 trillion when Japan was growing, if the US didn't have to fear Japan, and the Plaza Accord didn't happen, Japan might now have a GDP of over $10 trillion dollar.

[@indeoo_]

Plaza was really a trigger more than a reason, real problems of japan were structural , also japanese tech companies werent able to pivot to new markets in late 80th like PC and software.

[@rightlibertarian4412]

@indeoo_ It didn't matter. At that time, Japan had a GDP of over $6 trillion, and without the Plaza Accord, the Japanese currency would have been more stable and the housing bubble would have had less of an impact, which would have allowed the population to continue to expand in the 2000s, meaning the GDP would have had the potential to grow.

[@silversurfergw]

If Japan were a sovereign nation.

[@ByronVersion2]

Slava SAMURAI 🗾 Heroyam Yakuza 🦾

[@jonpaul3868]

Plaza accord was just repositioned Japanese Yen into normal value. Japan was benefited by it undervalued Yen. It was never bout their hardworking ethos nor innovations. Japan is not the only country with hardworking ethos and innovation (that is why SK and China able to catch Japan up). It was about USA letting Japan to sell cheaply goods into their market.

[@user-upt6j6hk15]

Every six months over the past five years, someone comes out with a ‘Why Japan’s economy is collapsing’ video, LOL. But lately, I’ve started to see some variations with Korea and Singapore too.

[@LollipopLop]

I’m not that worried but I’m kinda worried about Japan cus not only economic and yen but also the government votes are having big issues

[@Kopefulfill]

Well Singapore is 3x richer than Japan, so once it loses 2/3 of its wealth/competitiveness/innovation, then it is time start worrying for it like for Japan.

[@LollipopLop]

@@Kopefulfill richer but expensive as hell That’s why no one wanna live there cus it’s expensive

[@LollipopLop]

@@Kopefulfill even neighbours like Malaysia don’t even dare to move Singapore Cheap living is a good thing imo

[@LollipopLop]

@@Kopefulfill sure Japan is middle class Not too rich not too poor but atleast it has better living conditions and standards especially housing

[@raosaghir9449]

Japan was forced to accept plaza accord in ninetees to appreciate it’s currency .Hence Japanese yen appriiciated from 250 yen to aUS $ to 125 yen to a US$. On one hand it damaged Japanese exports,on other hand flood of foreign money entered Japan benefitting from appreciating Japanese yen.This money generated housing and stock market bubble.Bubble was burst.Further more Japan was dominant and much ahead of US in semi conductor industry.Japan was forced by US to curtail it’s semiconductor exports to Us.. Military presence of Master US defeated Japanese economy…

[@sasuki4728]

I don’t see any slums in Japan. Most cities got reconstructed every now and then. Even countryside looks clean and modern.

[@osa2395]

@@Kopefulfill Even USA has a lower minimum wage than Australia.And most Japanese people work from 9am to 7pm and the birth rate is 1.2. You are exaggerating too much

[@Michael-c9f5m]

Its like China was asleep, and all of a sudden woke up to get to work.

[@LollipopLop]

They were a superpower back last century before USA even got into power lol

[@LollipopLop]

The western countries were prejudice to Qing dynasty as well Did you see the opium war???

[@LollipopLop]

I can’t wait to see China economy surpassing USA in 2030

[@batchanhao4782]

Kishida, not Kushida

[@afizi1213]

@@batchanhao4782 kushida is woman 🐰

[@Jodoe243]

The Plaza Accord did a very killing of Japan's economy.

[@Kopefulfill]

Forget plaza accord. It was just a bubble that burst. If not the plaza accord, then something else, 2-3 years later. It was not real. Now there is a weakening of the yen. Opposite of back then. And economy is still going down. What to blame now, then? Still Plaza accord from 30 years ago?

[@Thunderbolt4]

It is a wonderful and coherent video with no complaints from a Japanese point of view. The per capita productivity of Japanese workers is increasing year by year, so I think there will be a bright future if we maintain this and keep the circular salary increase. Also, since the economy comes from feelings, I think it is necessary for each Japanese to take it positively.

[@LollipopLop]

Positivity???? Look at your neighbours last time when they were very poor and tell me if this is a positive thing

[@LollipopLop]

You must be joking right now if you think this is a positive thing 🤦

[@LollipopLop]

As an Asian I’m kinda speechless to hear this Do you know this is not a good thing right??????

[@LollipopLop]

The future of Japan is not so clear right now And I’m not trying to scare you but you must know if Japan continues to be like this you will be in big trouble in the future

[@Kopefulfill]

Bright future? I mean sure its good to be optimistic, even when there is nothing to be optimistic about.

[@sb5224]

Japan stopped growing because they refused to bring global talent in Japan, hence paid the price. US had millions of high skill and motivated individuals immigrate there.

[@RafaelJesus2712]

Immigration is never a solution.

[@riden1234567]

And look at how we treat immigrants now.

[@RafaelJesus2712]

Okay, I just said 1mm1gration is never a solution and my comment was deleted? Hahaha, Behind Asia is literally a CCP channel.

[@osa2395]

Immigration increases GDP but does not improve the lives of the local people. Japan learned from Europe

[@morisoba2550]

Japan's GDP was high just because Yen (Japanese currency) was strong to the US dollar. In 2024, the Yen has only half value compared to the Yen in 1995.

[@大介-w1b]

The US sabotaged Jaoan's economy

[@contemplator5640]

I don't know if it will recover, but if we can develop advanced semiconductors, next-generation fighter jets, AI and quantum computers and Building cryptographic asset advanced security and make sure that the per capita income level is 10 million yen for all citizens, I think we can maintain a reasonable position. I also think we should build an economic zone that does not rely too much on the US. Of course, we can cooperate in some areas, but Japan has built its own economic sphere, so we should definitely avoid dependence on the US. Generally speaking, the US may impose restrictions on Japan by the UN or US treaties (such as the Plaza Accord in the past) if industries that are doing well in Japan become prominent, so we should definitely stop too relying on the US. Well, the number of wealthy Japanese people is not increasing tremendously in terms of cost of living, price level and real estate, so it is easy to increase personal income through money games year after year. In fact, it has the fourth highest number of wealthy people in the world after France.

[@Kopefulfill]

Oh so you found the solution: turn inwards, away from the US and the world. In which country have I seen this before…?

[@Hjbjishrstmbj]

Japan economy has finally got itself out of the long lasting deflation since 2022. Now their nominal GDP is growing rapidly due to the inflation, wages are growing by 4-5% annually, and domestic investments are reviving as well. Once Yen is appreciated back to normal, you will see Japan in 3rd rank again, with stronger economic fundamentals.

[@CharlesSummers-b3p]

Keep dreaming 😂😂😂 Japan growth in 2023 was 1.9% and in 2024 it’s 0.9% !!!

[@Hjbjishrstmbj]

@ You are talking about real GDP. I mentioned nominal GDP. I guess you cannot distinguish 😂😂

[@chrischong6211]

Japan has been under invested for decades as money was moved out of the country through the Yen carry trade. Of course Japan has deflation when money does not stay in the country. It was massive investment that drove the tremendous growth in the 1960s to 1980s. No investment no growth. Simple. No inflation too.

[@LollipopLop]

@@CharlesSummers-b3pif you mean economy ye India will surpass Japan in 2025 Germany will be at 3rd unti India surpass them

[@LollipopLop]

@@chrischong6211isn’t that a bad thing lol No growth is a bit concerning you know

[@kltpzyxm_]

The US🇺🇲 is trying to do the same thing to China but its too late.

[@성이름-t1n]

중국도 경기 침체야

[@afizi1213]

trumpet is nothing

[@mattn_kk]

@@afizi1213 lol

[@LollipopLop]

True 😂 It will just backfire the USA again Did you know they lost the trade war back in 2019?

[@LollipopLop]

Most Chinese even think trump was a joker And many liked him

[@beifongbengbeng]

Japan held that stagnation for so long that it’s kinda impressive. That’s how rich it was and still is. Regions in Japan are successful on their own. Economically they will stay and stabilize. Socially? That’s the question. Maybe Japan + ASEAN immigration is the answer.

[@LollipopLop]

Uhh no I don’t wanna immigrate to Japan I’m fine being here In sea more relaxing plus our economy is doing very well

[@LollipopLop]

I want to see our asean develop like China with huge cities like Beijing and Shanghai, shenzhen and chengdu

[@LollipopLop]

I believe we can achieve this now And in the future as well

[@beifongbengbeng]

@@LollipopLop i would, dual citizenship once allowed in japan is heaven sent for tropical climates like us. Variety is nice. It’s a shirt trip away from SEA and cheap too

[@LollipopLop]

@@beifongbengbeng you sure dual citizenship is allowed??? I’ve never heard of such thing

[@rahulmhaske8178]

Very nice analysis

[@1027HANA-lc5ke]

Japan are not falling down yet. And we are still working and not worried about it any way.😮Japan.

[@spyrex3988]

Why the "😮 Japan." at the end

[@Kopefulfill]

Give it 5 more years. You will he worried, just it will he too late.

[@ph11p3540]

Every G7 country is going through this stage right now. What is really hurting Japan was it's extreme pear shaped demographic. They are the most averse to immigration from other countries (understandable in light of how immigration is poorly handled in other countries) and one of the largest aged, retired population percentages. Canada of all countries is least affected by this as they have been particularly aggressive at encouraging immigration though it''s brought in some of it's own serious problems. The US, despite it's largest GDP, is the biggest worry for economic turmoil and it's problems will affect the rest of the world. GDP is a very poor meter stick for gauging the health of a country when looked at in isolation.

[@MirzaAli-r5c]

Japan needs to have a silicon valley

[@MuhammadAhmad-db6sf]

Japan are so developed nation today there economy crisis has biggest reason is low birth rate and also very old population or very tough geography Japan have no natural resources to improve it's economy but full depends on its population and work force and export or imports but Japan have chance to improve it to increase population by reforms like which women's give birth three child so government give it many thousands of yen every month or other facilities 🇯🇵🗾🗼Viva Japan

[@deezeed2817]

That’s not gonna happen. They don’t want kids and people are so alienated and wages stagnant that it’ll get worse

[@momenoorrahman1083]

A dude outside can say well, lol.😂😂😂😂

[@TT-rq9vj]

well said from a country which one men marry four women 😂

[@h.a4510]

9:33 He is Kishida, not Kushida. You can't make mistakes for the prime minister's name coz this makes all your explanations cheap.

[@S3verance]

Put of any other country, japan is probably the most likely to get up from a slump like this

[@nr655321]

Yes, Kushida, straight from Tukyo, Jepan, house of Nikki stock exchange. 😅

[@seomei]

😂😂😂😂

[@kubanorozbekov7384]

Why this channel always posts data only up to 2022 ?

[@ベン-q6u]

ChatGPT doesn’t have newer data. I really think that all the videos of this channel are AI generated.

[@lindaho4554]

One Flip student submitted his dissertation describes Japan’s economy likened it to Philippines balut. What will hatch from Japan’s economy? A chicken or a snake? Japan’s economy is not a snake and ladders game going up and down but a game of checkers with reducing number of pieces as the game progresses with lots of room to move but going nowhere.

[@afizi1213]

3:43 well japan do it to make sure oversea people can buy the cheap japan product with cheap price cause if they yen is high ,japan economy mayne can collapse cause its not worth it ,you see not many cheap product is broken ,sometime china that pro make cheap product from copy ory culture to making it real has be porroven

[@MelvinStaRita-yb2fm]

Japan will roar back magnificently.This is certain. It's only dent in the armor is the aging population.Overall,Japan will grow spectacularly.

[@chappy3125]

That's a naive claim. Nothing is certain in the future, Japan hasn't innovated in 30 years they're likely going to keep stagnating

[@김성민-l9m]

아뇨 노령화랑 별개로 총 gdp조차 점점 줄어드는중입니다.

[@MelvinStaRita-yb2fm]

@@chappy3125 The undercurrent is vastly underestimated.

[@eadex360]

no the only way to recover is population growth, bring back their manufacturing and trade closer with allies

[@MelvinStaRita-yb2fm]

@@eadex360 Of course,population growth should be encouraged but the Japanese people have decided against it,at least for now. Nonetheless ,the Japanese model of investment is brilliant. It's thought out well. The balance Japan is trying to achieve has been deeply studied and delicately executed.

[@alexsensei_hi]

Rice went from $10 for 5kg to about $25 in a few years. Feelsbadman

[@gula_rata]

Japan needs to increase and spread its cultural capital. This is how the culture itself can become capital, and having much more of it circulating around the world eventually helps the Japanese economy. Japanese language, culture, religions, customs and beliefs need to be promoted and spread around the world. And this should be more than just the Anime stereotype of culture, all kinds of Japanese culture should be actively promoted and spread. Japanese need to increase the intensity.

[@Kopefulfill]

What are you talking about? 🤣 Japan will get rich by teaching Japanese and doing tea ceremonies abroad?? What do you mean they need to spread the language and culture? Btw any form of this was wifely unsuccessful. For example - J-Pop. The world doesn’t want it, unlike K-pop

[@rayakojuice]

I hope it doesn't till I'm done visiting next year, cuz brother I'm POOR!

[@denisegesilva3082]

Numbers don’t really tell the whole story, i think.

[@afizi1213]

so the conlcusion is as aa my fav country ,japan should explain what plan they will take and what can they do to fix this problem cause economy is one of the japan life ,they easy life is not come so fast ,its start from hard life like making product ,sell the ramen and others

[@afizi1213]

14:04 aaaa its same scenario like malaysia when we catch usd from 1 usd to 3.68 ringgit now it become weak 4.32 ringgit for one usd and it will be weak when trump become us president next year it gonna be interesting

[@wingmay8571]

Japan has the world's worst ageing problem. 30% Japanese are 70 or other. Too few working age people and too many retirees. Try to give your grandparents $$$ every week and you will understand what is the problem Japan has.

[@misterbig9025]

When will The Philippine's GDP overtake Singapore GDP?

[@jonlaurenzreyes1902]

if Philippines maintain a gdp growth rate of above 5% in few more years, it will overtake Singapore's gdp before 2030s

[@misterbig9025]

​@@jonlaurenzreyes1902Awesome

[@eadex360]

kind of impossible due to many factors like storms,earthquake,incompetent politicians with rich spoiled brat mentality,rampant corruption,terrorism and system itself.

[@창공-c8s]

🤣🤣🤣👍🙏

[@창공-c8s]

I will tell you the exact truth. In order for the Philippines to develop, it must learn Korea, follow Korea, and be a younger brother who is helped by Korea

[@mintcase]

AI videos are genuinely getting too good

[@wasabikun]

You forgot the elephant in the room. The humongous amounts of public debt government spending has brought about.

[@Kopefulfill]

Nikkei is up only due to weak yen and speculation.

[@Victor-dx2ew]

Kushida ❌ Kishida ✅

[@aniksaha2372]

Hello hopefully you are well can i get your presentation...?

[@LimaSierra609]

Wrong spelling and pronouncements! This video's commentator pronounced "Fumio Kishida" as "Fumio KUSHIDA" ! And "Nikkei" is not pronounced as "NIKKI" ! Holy cow!

[@24-dinitrophenylhydrazine29]

jesus, why is your video AI sounded?

[@조선생-g6w]

It’s nik-key 225 not nikky 225

The whole video fall apart for me when the word Nikkei was badly pronounced.

[@KERO941]

日経ですよ

[@letterbomb211]

Havent you heard? Deflation is long gone since covid, inflation is now happening, the problem is very simple, japan wages dont change, in fact, after Working 3 years in the same place for the same salary, this year was reduced, no economy can grow with stagnat wages

[@Hjbjishrstmbj]

Wages in Japan has increased a lot in recent 3 years. You can simply google it😂

[@サムジーヴァ]

not Kushida, Kishida

[@iku-v3b]

Japaaaaan 🇯🇵please come back to me💋💋don't leave me alone💋💋💋💋💋💋💋😭

[@harmony-bi6ks]

Can Mike Tyson win back against Jake Paul?

[@MrWETE86]

Felt sad of current Japan. I used to respect on Japan and followed the example of culture & studies. Found out that Japan losing its worth values became economy unstable, losing their moral and so on. Still depend on foreign superpowers to keep its economy working while at same time they keep Japan on under control due to certain policies. Need to something like wake up from blindness and greed which losing pride of Japan. Might need to restructure everything in politics, currency, economy, educational, technology, foreign policies, social and many more. Back to square one if necessary and be independent to stand up for own rights.

[@stephenbachmann1171]

Before all that you need to relearn English.

[@Himizu2023]

If It it was possible for Japan to get away from its stagnation, they have already did

[@yukinarikono77]

Kushida？Kishida？

[@tomtom9792]

Never recover

[@carlton7015]

Japan have been crushed by economic warfare

[@darkmatter5424]

Japan's economy basically did not grow for the last 20 years, even Germany has overtaken it by now. 😅

[@Kanazawa1997]

But Germany has become a sick doctor as GDP PPP actually shrinks in 2023 compared to Japan’s GDP PPP growth of 1.9%. This means despite Germany surpassed Japan in GDP nominal, German’s purchase power actually shrinks faster than Japan because of Germany’s ridiculous inflation. And Germans aren’t happy at all despite overtaking Japan as 3rd largest economy.

[@my_account5603]

I’m not sure if GDP reflects the Japanese economy over the last 30 years (you are talking about Japanese GDP overtaken by German GDP, right?) as the Japan has been constantly moved their assets abroad during that period because of the strong yen. Indeed, Japan keeps its 3rd position if you consider GNI.

[@ជួងសុវណ្ណគីរីរាជ្យ]

Germany can catch Japan gdp because Japan going down Not because Germany Growing up fast not at all

[@ベン-q6u]

That was just because of the weak yen. We compare everyone in USD even though it doesn’t make that much sense.

[@TV-ex5qq]

円安だからやで

[@animario8406]

Lost of 30 years...

[@onexoxtoo]

Lol. You seem to worry about unimportant things.

[@Zohirul-Jewel]

Japan is investing a lot in India.

[@anmolpatel793]

Worst choice

[@Zohirul-Jewel]

@anmolpatel793 I don't think so, it's a big developing country.

[@anmolpatel793]

@@Zohirul-Jewel and it will stay developing for ages to come

[@user-jt3dw6vv4x]

@@Zohirul-Jewel That's not helping India at all. A Japanese company invested in India's project of creating a high speed rail system, it was supposed to open last year, delayed to this year, now it's been said it will open in 2026. China, on the other hand, backed Indonesia's high speed rail project and it opened this year without any issues. I'm sorry but Japan is not what it used to be.

[@person-jw7vb]

​@@anmolpatel793 Wignat ! You will be replaced by blacks and browns 😂

[@ShogunZIlla]

For an AI video not so bad actually

[@akob3349]

Japan will not recover because it will be very tiring for the people. Just stand still and let the regions try to run on the escalator in reverse.

[@emrd27]

I think they need people/immigrants

[@afizi1213]

bro how many video about japan you will cobver ,many people fell japan dont have hope cause of they chaotic politics and they people is almost 43% old so much under 60 year cause of the long history they birth also still less that 2 milion people even if compare to my country even small the number of birthg still much big that japan that h=just got under 400 thousand brith so sad yahh as the country that have 120 milion people will be 87 milion before 2100

[@user-pb6eb8pv5k]

this channel is likely a jap hater

[@momenoorrahman1083]

Democracy propaganda

[@akob3349]

How do you feel about the future? Why don't you worry about Japan's past? During WWII, Japan's population was only 70 million.

[@uludak8468]

low wages, long working hours, ... japans labour unions are just for decoration

[@ベン-q6u]

Those decoration Organisation recently managed to get the highest wage hikes in years.

[@uludak8468]

@ベン-q6u after 3 decades.😅 japans businesses are very lucky japanese workers are like robots and never strike.

[@ベン-q6u]

@@uludak8468 Thats not really polite

[@Hjbjishrstmbj]

Japan’s average working hours are shorter than US. Go google it.😂

[@BradHirsch-y3z]

Youre not really following recent developments, are you? Wages and inflation are both rising at about a 3% + clip. Inflation rate is 3.6% and wage growth is 3.9% in the latest data. Nominal wages, at least, are growing at a faster clip than they have in a long time.

[@jonpaul3868]

Answer: never. It was becoming rich by undervalued Yen. Not anymore.

[@Alan-megan]

The writing is on the wall!!! It is simple as” Japan has absolutely nothing uniquely special that the other countries in SE Asia, Africa and South American countries do not have! The only thing they have that is unique is their tourism industry! That is truly unique and all to their own. Not even sure of their house hold savings levels, which was special and unique. So just 2 elements they have. Tourism and foreign exchange reserves! Have nothing else that other countries do not have! So it’s Sayonara time for Japan. That’s the reality!

[@MD.Mirazul4]

Fast view, please send me😊😊

[@silversurfergw]

US will never ever let Japan recover.

[@vaibhavjain8323]

Us won't let them

[@joelin99999]

Japan will lost 50 years 😂