Text: Zhou Xian.
In the first of the year.
In the first and second quarters, Japan's economic growth was 37% and 15%, although it is not as good as many countries, but it is very good to take care of its situation in recent years. However, the good times did not last long, and in the third season, it returned to the general trend of **, attenuating by 21%, which is 06% is much worse.
In fact, Japan's economy has fallen to the fourth largest in the world, and let's not forget that Germany has a population of 83.22 million, while Japan has a population of 1With 2.5 billion people, Germany's GDP per capita is $51,383 and Japan's is only $35,385, a difference of more than one level. It is estimated that in a few years, India's GDP of 1.4 billion people will surpass that of Japan.
Worse than the economic downturn, the yen is still **, and even worse, in today's environment of high interest rates, Japan should be the only country that still maintains negative interest rates. Think about it, if she is still in negative interest rates, when others cut interest rates, she will not be able to reduce them anymore, wouldn't the situation be even worse?
The only good thing is that the tourism industry is well developed and full of tourists. Many friends go to travel, the restaurant can't be booked, and the taxi ...... can't be intercepted at allJapanese taxis are too expensive, and from a myth 30 years ago, they have now become a popular term.
We can say that recession in Japan has been the norm for more than thirty years, and of course there are many reasons for this, for example,Its economy is concentrated in the old industry, and the service industry and the financial industry are not successful, and it has not caught up with the future industries such as the Internet, smartphones, and electric vehicles. However, there are other reasons that are rarely mentioned.
At that time, Trump said that he would increase the military spending of the US military stationed in Japan, but it did not work, however, Japan still has to pay to protect itself by increasing military spending, and last year, it promised to increase military spending by 60% in the next five years, which will reach 2% of GDP, which is on par with NATO. You know, one of the reasons for Japan's economic miracle is precisely because it does not have to pay for the military. This fee, which has not yet been paid in full, is reflected in advance financially.
Another reason is that Japan's "land power" has been exhausted, which is a common problem of island countries, and it also happened in the United Kingdom, which still had the European Union and the Anglo-French tunnel, and was barely connected with the mainlandBut Japan, which does not have any, is trying to connect South Korea, but Korea is also a peninsula, not a mainland.
Of course, the Japanese chaebol also knew about this, and the way was to invest a lot overseas, mainly in Southeast Asia and South America, instead of investing in Japan, and as a result, the situation on the main island of Japan was even worse!
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