China has spent decades allowing Chinese to confidently open their doors and go out with confidence. Our neighbor Japan, however, has spent decades making Chinese people no longer dare to go out!
Recently, Japan reported that Japan has fallen into a vicious circle of depreciation of the yen, high prices, and declining national strength, so that Chinese people "can't go abroad if they want to".
Why can't I go abroad even if I want to?Because of the depreciation of the yen, after the price of goods, the Japanese have less money in their hands, and after the income decreases, they have no spare money to travel abroad.
As we all know, the positive performance of Chinese tourism reflects the economic situation of a country, and it is a very obvious disease that Japanese people "can't go abroad if they want to", and if this situation continues, the Japanese economy may collapse.
According to data released by Japan's tourism department, domestic tourism has returned to pre-pandemic levels, but the number of overseas tourists has only reached 70 percent of the same period in 2019. What worries Japan is that if Japan does not take strong economic measures, the rest of the Japanese people's living expenses will be affected.
Japan's economy has been weakening for more than 20 years, not for a year or two. There are many fundamental reasons for Japan's economic weakness, but one of the important reasons is that the Plaza Accord was looted by the United States and the West, and the economic foundation was severely damaged. Today, Japanese society is an aging society, and there is little room for demand growthJapan is a post-industrial country with little room for investment;Therefore, Japan's attempts to stimulate consumption and investment through negative interest rates and promote sustainable economic growth are futile.
How did the Japanese economy become like this?The situation of the Japanese economy can serve as a case study and a wake-up call for countries around the world.
First of all, the main reason for the depreciation of the yen is the Fed's frenzied interest rate hikes, which have led to the yen's exchange rate against the US dollar and other currencies**. The fundamental reason behind this is that Japan is overly dependent on the US economy, which will affect the Fed's actions. This is also the dilemma faced by most of the countries around the world that are overly dependent on the U.S. economy.
Secondly, Japan assists Ukraine. Russia-Ukraine war. In the past G7 leaders' meeting, Biden proposed to increase aid to Ukraine, and Fumio Kishida immediately responded by promising an additional $4.7 billion in aid to Ukraine. You must know that Japan has been a big aid to Ukraine before, and every time the allies get together to discuss the matter of aiding Ukraine, Fumio Kishida is generous. Why is Fumio Kishida so positive?Not yet, to curry favor with the United States. The money for aid to Ukraine arrived in Ukraine, and Ukraine took it to the United States to buy **, and successfully coaxed the United States ** fire merchants, and Biden waited for work. But the Japanese people don't want to burn money on the distant battlefield in Ukraine. Japan is extremely dissatisfied with Kishida's aid to Ukraine. What is more important than touching the people's silver, which makes the people gnash their teeth.
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Third, energy *** Japan faces a higher level of imported inflation, which exacerbates the depreciation of the yen. This point is still related to the Russian-Ukrainian war. Therefore, the Russian-Ukrainian war launched by the United States is harmful to others and to itself!
Fourth, Japan's discharge of Fukushima nuclear wastewater will reduce the export volume of Japanese products, and the decline in exports will also lead to the depreciation of the yen. This point is really self-inflicted, and the backlash will come quickly.
If you look at the above reasons, you will find that everything is the same, and the current economic situation in Japan is not a ...... caused by all of a suddenIt is the result of a combination of various factors, and it is the result of Japan's worst mistakes.