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007 JMK
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Comments by "007 JMK" (@fujigoko007) on "Japan Will Make a Decision That Will Change Its Economy Forever" video.
@chriswong9158 The Chinese Yuan is the equivalent of toilet paper. The Chinese know this very well. Some Chinese people can't even withdraw their own bank deposits. Japan is used to earthquakes, tsunamis and typhoons, And it is also used to the disasters of currency speculation.
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Japan has always been confused because the United States is a country that has never experienced feudalism.
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The Japanese government sets goals for 20 to 30 years ahead and implements policies. It started to drive cars out of Tokyo around 1970. It set goals for inbound tourism around 2005. It set goals for foreign workers around 1990. Japan is still not confident about the future of EVs
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Japan is reducing its population in order to prepare for the disaster that would occur if the world's population reached 10 billion. The Chinese should learn from Japan's long-term strategy. They should allocate resources to an aging society rather than to war. As time goes by, they will come to understand that Japan's choice is correct.
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The Japanese yen was at its highest when the Tohoku region was hit by a huge tsunami and three nuclear power plants exploded. Now, investors from all over the world are investing in Japan. The current yen rate is affected by the Exchange Contract with Options procedure for investing in Japan. So the yen has become much cheaper.
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