Comments by "user" (@user-qm7jw) on "Why Is Japan So Cheap Now? - Japanese interview" video.

The US is better off economically, but has too many social issues. China is a communist country that I would never want to live in and their bubble has started to burst. Germany is actually in the same or worse economic situation than Japan. And because of the large number of immigrants, the collapse has begun. Germany exceeded Japan's gdp, but its economic growth rate in 2023 was less than Japan's. Japan seems to be better off than other countries.
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Yeah, sooner or later the Chinese bubble will burst. And there is a chance that Xi Jinping will lose his mind and invade Taiwan.
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Japan's debt is basically borrowed from its own people, which is fundamentally different from countries like Greece. And Japan's external net worth is the highest in the world, so Japan is not in a mess.
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Some economists say a weaker yen is better. When the economy was booming in the 80's, the yen was much weaker than it is now at 250 yen to the dollar.
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It's simply because the yen is weak right now. The yen is 140 to the dollar now, but 10 years ago it was 80 to the dollar. If the yen were to return to the level of 10 years ago, Japan's gdp would double. And I don't think the weak yen is a bad thing in general, because the weak yen makes the tourism industry more prosperous.
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No, Europe sucks. Innovation in the last few decades has come from the US and China, and Europe has not been able to compete with these countries at all. And Europe's economic growth rate is currently not much different from Japan's. To begin with, there are more than 50 countries in Europe. It is not fair to compare 50 countries to Japan, which is only one country.
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Don't worry. Japan has one of the highest recycling rates in the world, and Japan has the technology to burn plastic for energy. They can consume a lot of plastic and not destroy the environment. This is not like the third world where they are dumping tons of plastic into the ocean.
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