The Japanese Economy Is Crashing
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- Опубліковано 13 жов 2024
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Japan has no natural resources, so the government extorts its people to pay everything, including debts!
I was there last month, I spent about 4.25 for every meal that I ate.
I live in Japan, that is an extremely cheap meal! It is definitely cheap to eat here but $4.25 is crazy! We usually figure about $10-$12/person.
@@AK_AF_LB I frequented mainly local places near Akasaka. When I check the conversion rates on my credit card i couldn't believe it myself.
Jaspreet, your humility makes your information seem more credible. I appreciate you helping us with your knowledge. See you at the summit.
I live in Japan and it definitely doesn't seem as doom as gloom as this video makes it out to be. The exchange rate is definitely in the favor of the foreigner here but other that that, it seem pretty normal here.
Is it true that people in Japan are not having children and that almost half of all adults there have never had sex?!
Yea it is normal, if you’re building a life in Japan you’ll be okay but if you want move out and go America, Europe etc.. it may not be the wisest decision depending on your job experience and financial situation. Long story short, just buy whatever it is you need in Japan and you won’t feel the weakness of the Yen🤷🏾♂️ You can definitely build wealth here with right mindset and plan.
It’s always doom and gloom everywhere according to youtubers! To them being alive is dangerous to your health! 😮😂
It all depends on what you invest in. It is doom and gloom for stock investors. If you own nothing, you will lose nothing.
@@brucey5585 and if you own nothing you also gain nothing. So it all comes down to what your personal goals are.
Japan has a 24-hour a day, 365 days a year U.S. federal reserve window available.
I have 100 shares of Nintendo stock they pay about twice a year not quarterly. But i liked Nintendo since i was a child!!
1:17 United States cannot admit that we are in, or had a recession, yet talking about Japan???
😭😭😭😭
Are you are too nice you said a recession. I don't see the difference between a slow motion depression right now. There's no reason for the stock market to be where it is, corporations Black Rock have bought up so much single-family homes and property in order to keep the prices up. There are many many working people who are actually living in their cars. So tell me how is this not a depression.
by what economic metric is the US in a recession?
@@grimaffiliations3671two straight quarters of negative GDP
I was told by an economist that a week currency is good for a country to hide their debt.
i was told that a debt to gdp ratio of 250% would result in hyperinflation or default
Dear Jaspreet , I always thank you for all your valuable videos .
Much respect.
Best wishes to you .
I’m a Japanese living in Japan. We have been in this economy recession over 30years since the Japanese construction bubble busted. So this is nothing new to Japanese. Inflation is a bit of problem right now, but people survive, are just fine.
Bit of problem….
How bit?
I was surprised to see that the median Japanese household income is about $45K/year. USD.
they only work part time on average too. Median hours worked per week is 31 hours.
I'm confused ..werent they infamous for overworking? @@ryansreaction
Really??? I always thought Japanese worked really long hours.
@@TheMonkeygrunt - that work culture is gone
Aging populations can’t work as much. They sell more adult diapers than baby ones.
I'm slowly accumulating shares in etfs that long their market in Japan. With a weaker yen, I'm looking to buy excellent quality Japanese high value goods such as a Grand Seiko watch, a watch which beats Rolex in design and quality. Another, the Corolla GR is made in Japan. This high performance gem boasts 300 hp.
I'm into my ninth year of my decade of sacrifice, and am leaning more into investments than consumer goods, unless there's a bargain to be had. I'm Buddhish, Jewish Buddhist, I patiently wait for a sale.
Nintendo is a must buy personally
Greetings from Japan
Thanks, great review. The Yen has lost valued, however, due to the low interest rate maintained for years increasing the interest will have a short term impact (as seen by recent events). Long term the growth will come back a more stable economy. However, one factor that I believe you missed is that Japan population is decreasing vs growing, therefore, control migration of high and medium value immigrants could benefit the economy and long term growth.
Don't start on the 'migration' game, controlled or otherwise. It's destroyed the UK, where I live.
Appreciate the information!👍🏾
Love the value and love your honesty about not being an international trader. Kind of guy and encouraging us to do our diligence to look into these things. But man, having the awareness of what's going can help us be creative and otherwise, so thank you so much.😊
Juspreet, you forgot one thing. If there are more selling if treasuries that means more competition for the FED. They'll need to raise interest rates to attract investors.
Shorting should not be allowed
Has nothing to do with what we are learning here
I own a house in Japan with 0.5% interest rate for my mortgage. I don’t want Japan to be anything like America. I left America for a reason. Young people can actually buy homes here at reasonable rates. I’ll take weaker yen over exorbitant interest and living expenses any day.
i was told having such a high debt to gdp would cause hyperinflation. Guess they were wrong
Shorting is not extremely risky if a few important rules are followed. In fact it is easier to make profits shorting.
A couple of interest rate cuts in the US and the yen gets back a lot of its losses. No need to panic. Just play a longer timeframe with the yen.
A little off the subject, but you should make a video on how to read a cash flow statement
Agree. And also quit calling it money because it’s not money its debt based fiat currency not money.
Actually the U.S. was taken off the gold in 1933
"I spend Japan Yen in ten major events" - Jay-Z
This is no different than a third party collection agency.
To put it in simple
Terms.
Jaspreet, just wondering what direction our economy would've gone if the previous administration continued their negative rates or would they have done the same as our current administration???
the US Dollar is backed by 8,800 tons of Gold not just paper
Right????
Hi Jaspreet
Maybe Japan should join brics.
Im confused. Is japan over populated or is japan under populated
and how much dollar denominated debt does japan have? I bet its more than their assets, especially when you include private debt, which is the entire reason they had to sell those assets
japan only takes up debt in yen. Thats why they haven't defaulted yet with a debt to gdo ratio of 250%. When you borrow in your own currency, you can never default
Japan’s existence virtually depends on the US military. If we were not stationed there they would be extremely vulnerable to China and North Korea. Japan has vowed to help defend Taiwan if China tries to invade. In turn CCP has threatened Japan with nuclear weapons. Japan and the US interests are closely linked. Neither country would not do anything drastic that would jeopardize our relationship.
So why Japans is fighting deflation? Is it because old people don’t consume as much as young people? And negative interest rate is their way to increase purchase of goods (including cheap borrowing to buy US debt) interesting that Japan is one of oldest population in the world that’s why they are so into automation
High automation, shrinking and aging population, and really weird historical issues between housing, government, and organized crime organizations tured legit businesses. Japan's economic history is wild, and it's hard to understand why they can't fix seemingly simple issues that they face that nobody else has to deal with.
deflation is terrible for your economy
Made in Japan stuff is expensive like USA
"Japan holds the most U.S. treasuries"
That's not a good thing for Japan
That's why their selling them
Where is your treasure you know whats happening there
Motivation
Make about indian economy its very tough in market
Why usd is up sir?
Is this a buying opportunity
W 5:02 hat do we assign value to? And what are we paying for this time?
Gold over $2400/ounce reflecting devalued USA dollar
We just returned from a trip to Tokyo. Dollar very strong
@@Starship007 please explain more, Ive heard something that Japan is getting ready to dump a good chunk of the USD to help their currency. This would then add to the list of countries ditching the USD.
W jaspreet
the average Japanese adult works 31 hours a week
sounds like U.S. treasury rates are gonna go up.
Ohhhhhh, is this why they wanted to try to start inflation?
Sanctions as weapons also hurting USA dollar
negative interest rate is an incentive to lend out money? must be the best joke I've heard all year. you're not talking about the asset swap called bank reserve printing are you? thats a complete bogus way of looking at things. Imagine making such bold statements without explaining to very last detail.....
What is the current currency accepted world eide?
World Wide?
The USD
This situation smells like the WEF.
No one would sell there home to pay a credit card bad example.
What are you talking about? People do it all the time. Sure, they don't leave their home, but people roll their credit card debt into their home loan constantly. And if you are deep in debt (and provided you don't keep digging the hole of your credit card) it's a fantastic option paying mortgage rates instead of credit card rates.
@@CaedenV show me statistics that back up your opinion because no one with common sense would risk there home for credit cards.
Never realized Japan was that broke
it's the opposite of broke
Gee I wonder who ownes the federal reserve bank
the gov
Adopt a mangaka!!! Save the otaku!!!
I can’t get a job 😢
Same 😥
Same😅
⭐️⭐️⭐️⭐️⭐️
What did you study in school?
WHO owns your clay?
Great info!
We are fucked Jaspreet
I love Japan
Somehow when i ask my Japanese friends they have all said business is as usual. Strange!
I asked all my American friends here too. Business as usual. Lo
@@JV-zt8lc yup!
😂
Damn
$$$
Yep
Where will this take us all
What is a cash flow measurement if not known. It is the unknown variables that costs us all
WHOs looking for the nest eggs?
I’m #1
I was here twenty minutes ago. Jaspreet wasn't, but that's beside the point
@@RealJonNewton a2+b2=c2
Noooooo. No more anime😢😢😢
What about Pearl Harbor
What about it?
Are you stupid??
Tough lol