If Japan's GDP growth rate had remained at a very modest 3% like it did throughout the 70's and 80's...

>If Japan's GDP growth rate had remained at a very modest 3% like it did throughout the 70's and 80's, their GDP per capita would be $60,000 today instead of $40,000
>instead, they had 0% GDP growth over the past 30 years

What happened?

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Plazza accords

american intervention

Idk but I want a japanese drift car, I also heard jap restaurants operate 24/7

Infinite growth is impossible

china produces the exact same things at a fraction of the price

No longer I'm not counting on governmental economic policy. I'm gonna earn my money by my own way.

US's GDP per capita was $23,000 in the 1990's (lower than Japan) but grew to a behemoth $65,000 in 2020. So """infinite""" growth is possible/

How are you earning money your own way, Takeshi-san?

the real estate bubble hit us so hard, and we failed to shift our industry.
The tertiary sector industry here has been politically too strong that they hindered the development of our quarternary industry to grow.

Foreign Exchange, Derivative, Money Short, Futures Trading

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USA enjoys being a superpower

no immigration

germany started giving turks citizenship in 2000s. gdp skyrocketed because turks started investing in germany instead of buying shit back home

2 turks discovered vaxx and contributed to most growth in 2020-2021

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Trading is not work

By allowing business owner to hire foreigners in cheaper wage than we Japanese people, they will never higher our wages because they can just keep using cheap foreigner wage slaves in half price

ok let them only hire at same wage, germans already do it that way

only immigrate if they get japanese wage or more

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That's what happens when you are an American vassal state. Americans decided to stop their growth so it stopped. Japan lost its independence in 1945

why did they do it

Still the second strongest economy in the world behind the US

>Japan lost its independence in 1945
And regained it in 1952