Will Japan continue to decline?
Japan has been in recession for more than three decades, and although it is still the third largest economy, this is mainly due to the strong and deep foundation of the Japanese economy in the era, which has allowed Japan to maintain a certain period of development.
However, in recent years, Japan's performance in new economic fields such as smartphones, mobile Internet, and new energy vehicles has not been outstanding. Many of the major Japanese home appliance manufacturers that were once famous in the 80s have now been reduced to OEM.
China surpassed Japan in car exports in August, a historic moment. At.
In the eighties and nineties, this was something that could not be imagined. The authors originally thought that this may need to wait until new energy vehicles become popular.
However, this is absolutely disastrous news for Japan. Is the automotive industry, the last pride of Japanese industry, also eclipsed? This is tantamount to a bolt from the blue sky for Japan, a country with scarce resources, many people and little land, limited domestic market demand, and a country.
Japan is facing not just one industrial problem, but three core problems, and if these problems are not addressed, Japan's decline will accelerate. First of all, many young and even middle-aged people have no way out.
Young and middle-aged people in Japan's major cities spend their days in Internet cafes, and this situation is getting worse. This is no accident, and while most of Japan's young people do not end up here, it is even more difficult for them to start their own businesses because there are several major problems that block their path to advancement: class consolidation, seniority, and delayed retirement.
Class solidification is common in many countries, but it is even more severe in Japan. The seniority sequence system is fatal to the development of young people, it is strictly ranked according to seniority, no matter how hard young people work, they can only live a life of retirement at a glance, and cannot surpass their predecessors.
If you can't get this stable job at a glance, then you can only mix it up like this and get a stable job. But even if it is a stable job, young and middle-aged people may not be able to get it.
Japan continues to extend the retirement age, the legal retirement age is 65 years old, but it can be extended to 75 years old on a voluntary basis. If you retire at age 75, your pension will be 84% higher than those who retire at age 65, and for most people, you will definitely choose to extend your retirement until age 75.
However, in Japan, which is in decline, there are already fewer job opportunities, and in addition, the elderly have extended their retirement, leaving even fewer jobs for young people. This is the reason why young people in Japan have fewer and fewer opportunities, and many young and middle-aged people were thrown out of the system more than a decade ago, let alone have no opportunities.
Japan may face a wave of young immigrants, lack of resources, de-globalization, Russia-Ukraine war and other problems will make it difficult for it to become a full-industry chain country, and large heavy industry enterprises will move abroad.
In addition, Japanese management has been inadequately handling unexpected major incidents, as exemplified by the performance of the new crown epidemic. In the end, Japan's normalized statehood was tightly controlled, serving the interests of the suzerain, and it was difficult for it to truly rise.
Japan needs to figure out who is preventing it from becoming a normal country and find a solution.
We need to look at the world and look for forces that can help Japan get out of its predicament and move toward becoming a normal country. If you can see the situation, you need to be cautious. Otherwise, it will only lead to the continued decline of the country, and the rate will be faster and faster.