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007 JMK
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Comments by "007 JMK" (@fujigoko007) on "Why Is Japan So Cheap Now? - Japanese interview" video.
Since 1989, two worlds have coexisted: manufacturing money and bubble money. In countries with bubble money, manufacturing industries in China and developing countries support their daily lives. Decoupling with China would result in a severe reduction in the purchasing power of bubble money countries, increasing inflation and currency appreciation. Countries like Japan, where manufacturing industries have survived, will be less affected.
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Or in other words, This time, before China was decoupled from the Western world, Japan had already been decoupled. The insufficient demand was met by social insurance infrastructure and natural disaster countermeasures, and was covered by government bonds.
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