Germany to dislodge Japan as world's 3rd-largest economy

[LegionnairE]

No wonder.

British destroyed Ottoman Empire.

And British is the enemy of Hitler.

And Japan is Hitler's ally.

And you are from Turkey, a land stolen from the Greek.

I don't respect professional victims.

Japan got nuked but they stand proud today as they did before the war.

But once you're a bitch you will always be a bitch.

 

[Viet]

I still hope Japan can beat Germany, after all, Japan is an East Asian country sharing similar cultural background with China, Korea and Vietnam.

Germany Gdp per capita $53,000, Japan $34,000
that is a too big gap.
DE is in a terible situation but still hopefull if the germans change course. However JP is a hopeless case.

 

[大汉奸柳传志]

Germany Gdp per capita $53,000, Japan $34,000
that is a too big gap.
DE is in a terible situation but still hopefull if the germans change course. However JP is a hopeless case.

Germany changing course at this point means going far right, do you seriously want the AfP party to take power as an immigrant?

 

[Menthol]

Germany Gdp per capita $53,000, Japan $34,000
that is a too big gap.
DE is in a terible situation but still hopefull if the germans change course. However JP is a hopeless case.

South Korea's GDP per capita is already surpassing Japan.

Japan's GDP per capita is USD 33.950, while South Korea's GDP per capita is USD 34.100.

It's a historical milestone.

The comparison between Japanese young people and South Korean young people are big.

In Indonesia, we have many Korean people do business here, even setup a company, but I rarely see any Japanese.

 

[Viet]

Germany changing course at this point means going far right, do you seriously want the AfP party to take power as an immigrant?

Changing course means reversing mindsets as hey we scrap nuclear power or hey autobahn is bad, more autobahn speed limit, more social programs financed by more tax.. The French call Germany decision on nuclear as historic mistake. I agree it. Otherwise if not turning to the better the facists as Afd coming.

 

[REhorror]

As said in many other posts, Germany's economy is going down, its only way up is due to the appreciation of the Euro.
Meanwhile, Japan's economy is actually growing but it's rated lower due to the yen's depcreciation.

It seems many forum members cannot read (@Menthol and @Viet) and just live in their own lil world.

Or do they have certain agendas with the doomposting about Japan?

 

[Song Hong]

As said in many other posts, Germany's economy is going down, its only way up is due to the appreciation of the Euro.
Meanwhile, Japan's economy is actually growing but it's rated lower due to the yen's depcreciation.

It seems many forum members cannot read (@Menthol and @Viet) and just live in their own lil world.

Or do they have certain agendas with the doomposting about Japan?

Sadly speaking, Germany is unmeritocractic and nepotism, using the euphemism of diversity talent selection.

Below Analina Baerbock say Russia must change 360 degree.

It shows how stupid Gemmany elites are these days.

 

[REhorror]

Sadly speaking, Germany is unmeritocractic and nepotism, using the euphemism of diversity talent selection.

Below Analina Baerbock say Russia must change 360 degree.

It shows how stupid Gemmany elites are these days.

Germany will get good again when AfD takes power, which is soon, unless the CIA somehow puts up some scandals.

 

[Menthol]

As said in many other posts, Germany's economy is going down, its only way up is due to the appreciation of the Euro.
Meanwhile, Japan's economy is actually growing but it's rated lower due to the yen's depcreciation.

It seems many forum members cannot read (@Menthol and @Viet) and just live in their own lil world.

Or do they have certain agendas with the doomposting about Japan?

Doom posting about Japan.

Hahaha

But I think minimum salary standard and median salary are the most accurate to measure the prosperity of the people.

Ranked: Countries With The Highest And Lowest Average Salaries, 2024 - CEOWORLD magazine

Economists warn of a challenging economic period ahead, with many predicting an upcoming recession. However, the good news is that there are still opportunities in the job market. Are you considering a career change in 2024? Or do you want to explore the possibility of earning a higher salary...

ceoworld.biz

Japan median salary is around USD 2400, South Korea USD 2100, Taiwan USD 1400, and China USD 1100.

Germany is USD 2800. In term of salary, on average, German people is still better than Japan.

South Korea soon will catch Japan.

It's funny that decades ago Taiwan and South Korea were on par, but today, South Korea is leaving Taiwan by a big margin.

Even China soon is going to catch Taiwan.

 

[REhorror]

Doom posting about Japan.

Hahaha

But I think minimum salary standard and median salary are the most accurate to measure the prosperity of the people.

Ranked: Countries With The Highest And Lowest Average Salaries, 2024 - CEOWORLD magazine

Economists warn of a challenging economic period ahead, with many predicting an upcoming recession. However, the good news is that there are still opportunities in the job market. Are you considering a career change in 2024? Or do you want to explore the possibility of earning a higher salary...

ceoworld.biz

Japan median salary is around USD 2400, South Korea USD 2100, Taiwan USD 1400, and China USD 1100.

Germany is USD 2800. In term of salary, on average, German people is still better than Japan.

South Korea soon will catch Japan.

It's funny that decades ago Taiwan and South Korea were on par, but today, South Korea is leaving Taiwan by a big margin.

Even China soon is going to catch Taiwan.

That seems a bit odd considering Taiwan has higher GDP per capita than S. Korea.
Also, no, if you think median salary are the top measurement of the prosperity of the people then the Americans are 4th richest people in the world.

Do you seriously believe that?

Things are cheap in Japan due to the yen's depreciation as well as lower inflation compared to Germany and the US, and S. Korea included.

 

[Menthol]

That seems a bit odd considering Taiwan has higher GDP per capita than S. Korea.
Also, no, if you think median salary are the top measurement of the prosperity of the people then the Americans are 4th richest people in the world.

Do you seriously believe that?

Things are cheap in Japan due to the yen's depreciation as well as lower inflation compared to Germany and the US, and S. Korea included.

Of course, there are PPP, which is more accurate.

I recently posted a post about the flaw in how GDP is being calculated at another topic.


You own a house, it won't be calculated in GDP.

But you sell a house (because of misfortune), and then rent a house, it will be calculated in GDP from the renting cost (which means there's an increase in GDP from how you spend money to pay the rent cost).

Basically, you are getting poorer but your misfortune turns out to increase the GDP (which means the economy is growing).


Another scenario, you invented new technology to reduce production costs significantly (by half), while at the same time improving the quality (by tenfold).

It's a big breakthrough.

But it won't increase the GDP, but instead the GDP is falling, because you reduce the cost and price of the product by half.

Despite people's living standards have improved significantly because of your invention.

 

[REhorror]

Of course, there are PPP, which is more accurate.

I recently posted a post about the flaw in how GDP is being calculated at another topic.


You own a house, it won't be calculated in GDP.

But you sell a house (because of misfortune), and then rent a house, it will be calculated in GDP from the renting cost (which means there's an increase in GDP from how you spend money to pay the rent cost).

Basically, you are getting poorer but your misfortune turns out to increase the GDP (which means the economy is growing).


Another scenario, you invented new technology to reduce production costs significantly (by half), while at the same time improving the quality (by tenfold).

It's a big breakthrough.

But it won't increase the GDP, but instead the GDP is falling, because you reduce the cost and price of the product by half.

Since the quality is also improving, people won't buy the same product for a longer period of time.

And now, everyone is saying that the country's economy is doomed, because the GDP is falling (in recession).

In better scenario, the GDP is not falling, but stagnant.

People's living standards are improving, because the reduction in price makes people have more money to spend elsewhere.

But still, your invention doesn't bring any goodness in GDP growth despite living standard improve significantly.

Talking about PPP, which is indeed more accurate, Japan has actually fallen to 4th but to India, meanwhile Germany has lost to Russia. This is accurate due to their wealth + population number (India > Japan > Russia).

https://databankfiles.worldbank.org/public/ddpext_download/GDP_PPP.pdf

But this is 2022 data, so we will see 2023 later on this year.

But yeah, I agree with you on GDP being not accurate.

 

[Viet]

As said in many other posts, Germany's economy is going down, its only way up is due to the appreciation of the Euro.
Meanwhile, Japan's economy is actually growing but it's rated lower due to the yen's depcreciation.

It seems many forum members cannot read (@Menthol and @Viet) and just live in their own lil world.

Or do they have certain agendas with the doomposting about Japan?

Yes JP’s growth rate is higher. But that is temporary trend that means little the issue with JP is collapsing birth rate. JP long term trend is dark. Japan has reached the point of no return.
JP population shrinks about 500,000 per year. Germany biggest industrial cluster Rhein-Ruhr has multiple cities about 500,000 to one million inhabitants. Imagine, this cluster loses a city every year? That’s worse than any horror movie.

By this pace of decline JP population shrinking while Germany population growing, Japan will shrink to 100 million while Germany grows to 140 million.

 

[Suika]

Weak yen may return Japan to 70s early 80s. Pre-plaza Accord. Also, people acorss Asia can better afford trips to Japan. Strong yen makes it expensive for ASEAN, for example, to travel in Japan. Weak yen makes US military equipment purchase more expensive. Thus domestic military equipment becomes more cost effective, and so, will get more orders. There are good things about a weak yen. And desipte weakness, its holdings in IMF reserve currency status still remains about the same as it has been in past 3 years, about 5.5% of total share of reserves.

 

[REhorror]

Yes JP’s growth rate is higher. But that is temporary trend that means little the issue with JP is collapsing birth rate. JP long term trend is dark. Japan has reached the point of no return.
JP population shrinks about 500,000 per year. Germany biggest industrial cluster Rhein-Ruhr has multiple cities about 500,000 to one million inhabitants. Imagine, this cluster loses a city every year? That’s worse than any horror movie.

By this pace of decline JP population shrinking while Germany population growing, Japan will shrink to 100 million while Germany grows to 140 million.

Only the immigrant population in Germany are growing tho.

You will likely see more terrorist activities in the future as long as Germany does not remain neutral in ME conflict.