mercedo's Journal: The Sun Also Rises

I am pessimistic about Japan's near future. As is usual, my girlfriend and I went to Amusement Park called Mari**, where a largest big wheel (or rather a ferris wheel) in Japan is located.

I asked her how many years Japan's position in internatinal society will last. After a while she replied, it's 30 years. I said two or three years instead.

I assume the collapse of Japan, financially, culturally, liguistically will be coming soon surprisingly soon. Japan's stagnant system has already come to a point of no return. I hope the sun also rises, but we have to change ourselves within an extremely short term. And it is second to impossible. Japan's economy is declining, sluggishing conspicuously enough.

Decline relative to whom?

[AB3A]

Yeah, Japan isn't the powerhouse it once was. But neither are the US and most of Europe. The up-and-coming countries are China, India, and possibly Brazil. However the up-and-coming ones are growing at unsustainable rates. The only question I have is whether they will "crash" or whether they will find some way to dial back their growth to a more reasonable pace.

I have always had great respect for Japan's electronics industry. They still hold the number one position in my mind. Unlike those of us in th

Re:Decline relative to whom?

[mercedo]

The up-and-coming countries are China, India, and possibly Brazil

Agreed.

However the up-and-coming ones are growing at unsustainable rates.

In the case of India, Brazil, it might be so. But China has been showing rapid, steady, sustainable rate of growth in economy. China is an extremely big country. And it is surprising to see such a big country shows such a double-digit figure in economic growth rate.

The only question I have is whether they will "crash" or..

Neither of these countries won't crash but