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Old Posted Oct 27, 2023, 12:40 AM
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Join Date: Nov 2013
Location: Rimouski, Québec
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Quote:
Originally Posted by Nite View Post
Japan is the poorest country in the G7 and it is getting worsts for them compared to their peers. 30 years ago they were the wealthiest in the G7.
their youths are leaving the country to pick fruits in Australia because the pay is higher
Even Italy is doing better than Japan

2023 G7 GDP per capita (USD)

USA: 80,410
Canada: 53,250
Germany: 52,820
UK: 48,910
France: 46,320
Italy: 37,150
Japan: 33,950

Japan also has the most debt to GDP despite keeping interest rates very low for 30 years to boost an economy that refuses to grow


https://postimg.cc/sv8CfPmB

With population decline set to accelerate and aging accelerating, the japanese economy is just going to keep getting poorer compared to it peers
Remind me which country has the worlds highest life expectancy?

Or the world renowned High Speed Rail system paired with the worlds largest city?

All I know is Japan has cleaner, far more affordable cities with less crime than Canada and has the 2 greatest forms of media in the world known as Anime and Manga produced there. The fashion is better, the food has higher quality, the global corporations are of higher significance, it’s a shit ton more walkable, and better healthcare. This supposed terrible economy seems to be producing a lot more for the world than Canada.
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