After 34 Years, Japan Has Finally Recovered - What Now?

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Logically Answered

Logically Answered

Күн бұрын

After a grueling 34-year-long bear market, the Japanese stock market has finally recovered past its 1989 peak. What started as a lost decade for Japan turned into lost decades and the only reason that Japan was eventually able to recover was thanks to the government taking on massive debt and engaging in quantitative easing. Japan is the most indebted nation in the world in terms of debt to GDP. Many are wondering if Japan will be able to make a comeback now that they have fully recovered but that doesn’t seem likely. The reality is that modern generations and the Western world are no longer looking for the same attributes that made Japanese products successful in the first place. Japan made a name for themselves making affordable and reliable products. While people still very much value affordability and reliability, they’re often looking for more than just that, and it’s not clear if Japanese companies will be able to deliver. This video explains the fall and recovery of Japan and discusses if Japan has a brighter future ahead.
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Timestamps:
0:00 - The Painful Fall
2:39 - The Lost Decades
5:50 - The Painful Collapse
9:29 - A Bleak Outlook
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This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Пікірлер: 312
@Arturino_Burachelini
@Arturino_Burachelini Ай бұрын
The country stuck in the 2000's since the 1970's
@bobcharlotte8724
@bobcharlotte8724 Ай бұрын
That's an amazing way to put it!
@Arturino_Burachelini
@Arturino_Burachelini Ай бұрын
@@bobcharlotte8724 credit to Economics Explained
@cuddledog142
@cuddledog142 Ай бұрын
Lmao so true
@belstar1128
@belstar1128 Ай бұрын
i love the 2000s
@user-cd4bx6uq1y
@user-cd4bx6uq1y 27 күн бұрын
Based quote, should be more popular. Only heard it in a video once
@caty863
@caty863 Ай бұрын
According to Simon Kuznets, there are four types of countries: *developed countries, under-developed countries, Japan, and Argentina.*
@bestcocbaseswithlink5069
@bestcocbaseswithlink5069 Ай бұрын
mind explaining?
@SammyCee23
@SammyCee23 Ай бұрын
Whats the unique case for Japan and Argentina?
@ShubhamMishrabro
@ShubhamMishrabro Ай бұрын
That is wrong defination ​@@BloodySnow8
@myoriginalname
@myoriginalname Ай бұрын
@@SammyCee23Japan went from poor to rich real fast, while Arg. did the exact opposite.
@jogo798
@jogo798 Ай бұрын
​@@myoriginalname Argentina was never rich to begin with.
@horridohobbies
@horridohobbies Ай бұрын
"While Japan won't be going anywhere, they also won't be going anywhere." I like that. 👍
@xiphoid2011
@xiphoid2011 Ай бұрын
As an Asian, have to admit that our culture and education systems are really good at working harder, better, and making things more efficient. But the same culture and education also instill conformity and taught to think in a rigid way, hence we are not creative. While western culture is quite the opposite, with it's independent, free thinking and tolerance for being different, even though sometimes these traits also cause different kinds of problems.
@juno3189
@juno3189 18 күн бұрын
Asians are creative. But too unemotional which means they lack the capacity to create a society where people are genuinely happy. As a result their cities look very organized and great but deppressing somewhat lacking a feeling of contentment and happiness unlike european cities.
@manoj1350
@manoj1350 17 күн бұрын
​@@juno3189 and colonial loot for 300 years to live off
@pax1217
@pax1217 5 күн бұрын
I was lucky to do a degree in France a while ago, and after having conversations with local people and contacts that I had, there was a common subject, where latinos and asian people made a good couple. There was allways a history of a marriage between these cultures when talking about past groups of students from the same program that I was. I even had the same experience with an asian girl where we simply could have endless conversations, sadly I lost her contact given the limitations of China in social media and internet in general. It makes kind of sense, opposite mindsets with some similarities, where education and efficiency from one side combined with "calid emotions" and leisure from the other one. The same applies with europeans and latinos, but with their own advantages and disadvantages. From my side, I also have to admit that sometimes mexicans on my case make things complicate when it comes to emotional awareness, and sometimes we forget the importance of things because "we prefer to chill" and dance or drink a good beer instead.
@JayFlowie
@JayFlowie Ай бұрын
Dude, toyota is still a best selling car brand in the USA, barely in second place to Ford. Most of the US still wants a truly reliable car and Toyota is the only one giving us that currently.
@southcoastinventors6583
@southcoastinventors6583 Ай бұрын
Hybrids are better than full electrics atm
@JayFlowie
@JayFlowie Ай бұрын
@@southcoastinventors6583 in some ways, I agree in some I disagree. It's still an expensive battery that needs replaced, and a hybrid engine just does 2 different things less efficiently than either alternative. They're nice for a small car, and potentially a local bus, but not hauling long distance or larger vehicles due to weight ratios. There's also a problem inherent to hybrids which is that they are more complex, so more things that can go wrong. The prius isn't even one of their top selling vehicles here. It's around 10% of the camry and 14% of the corrola
@THEONEWHOKNOCKS697
@THEONEWHOKNOCKS697 Ай бұрын
I love his videos but I can't help but mention how some comparisons feel wrong,iPhones are FAR more reliable than Pixels,all you need to see are the countless numbers of news articles that state issues with the Pixel during launch, consumer sentiment has nothing to do with innovation,rather consumers buy with reliability and brand loyalty in mind.Keep in mind that innovations with regard to the iPhone is stagnant whereas Samsung makes something impressive every 4 years like their foldables but they still loose to Apple.The same is true with true with Toyota and Tesla,every metric suggests that consumers DO NOT prefer EVs and that Toyota is far ahead of the second biggest automaker Ford in marketshare,yet you seem to state otherwise. Reliability and brand loyalty are still important.Japan's economic issue takes roots in the the fact that the population is growing older and shrinking and that government spending is up to take care of the elderly not because of what you stated that Japanese companies are perceived as 'uncool'.
@DetectiveSmilez
@DetectiveSmilez Ай бұрын
@@THEONEWHOKNOCKS697W
@southcoastinventors6583
@southcoastinventors6583 Ай бұрын
@@THEONEWHOKNOCKS697 Apple is garbage for the same reason AOL was during early internet Walled Garden equal stagnation. Also its proof as to why dictators are able to rise to power.
@KnightSlayerg89
@KnightSlayerg89 Ай бұрын
I didn't know japan recovered financially Awesome
@MasterGxt
@MasterGxt Ай бұрын
I didn't even know that Japan was in a financial crisis
@KnightSlayerg89
@KnightSlayerg89 Ай бұрын
The more you know 🌈
@eegernades
@eegernades Ай бұрын
I think this video is outdated. Their stock market, the nikkei, had a huge drop today. Companies, liek nintendo, dropped a good amount. Tho nintendo is the most resilient. So think of those that aren't.
@minyaksayur
@minyaksayur Ай бұрын
They didn't. their currency collapsed 50%. Unless nikkei went up more than 50% they didn't recover.
@martinketchum
@martinketchum Ай бұрын
@@eegernades no shit sherlock you cant make this kind of video and upload it in the same day
@jhoncadalin5887
@jhoncadalin5887 Ай бұрын
Japan doesn't need to lead, they just need to maintain their ranking. Since the lack of visionary culture of japan and more on discipline and structure, they are hard to crumble. All they need to do is copy/follow the visionary's path without the need to be the first. Eventually the visionaries would fail by their nature of high risk and another sets of visionaries will replace them but as long a japan follows/copy the script of the visionaries applying their natural disciplined approach without the need to be the first, they're good.
@Woolong-ql1jh
@Woolong-ql1jh Ай бұрын
The problem is it's becoming more and more difficult to copy the visionaries.
@kendellfriend5558
@kendellfriend5558 Ай бұрын
I think the thing with Japan is they’re just another Asian country no matter how “westernized”. Their economy will always be planned, the industrial sector will always be favored and naturally like Germany during WW2, they found out that system was unsustainable. GDP needs to have consumption being the biggest component but they were export led.
@theteamxxx3142
@theteamxxx3142 Ай бұрын
20 milions of african immigrants can change that dw
@Loanshark753
@Loanshark753 Ай бұрын
The thing is that Japan has a high level of private debt and japanese companies are focused on paying of their debt not on R&D, of course some R&D and general development is taking place but not that much. If the japanese state was able to sufficently stop the debt deflation and push the economy to expand by getting private companies to invest more in growth and R&D they could kickstart the economy. However quatitative easing(QE) is giving money to the rich and banks not to the worker class and middle class and the money often ends up at the hands of bankers not capitalists so if the economy could be stimulated another way that might work. If the japanese state was to run a bigger budget deficit that would increase the money supply according to mmt(modern monetary theory) which could then increase demand and increase inflation. If this inflation is combined with wage rises and companies have the ability to compensate by taking up loanes in the short term and increasing prices in the long term then the debt would be easier to pay of and it would become easier to start a new boom of compaines taking up loanes to fund investment.
@kendellfriend5558
@kendellfriend5558 Ай бұрын
@@Loanshark753 precisely this. It’s unsustainable
@lephtovermeet
@lephtovermeet Ай бұрын
Japan seems to be much more tolerant of a zero or low growth economy. Its not all bad, their bases are taken care of: housing, healthcare, even food costs. On the downside, they're just not huge innovators.
@yeetboi268
@yeetboi268 12 күн бұрын
Uhm, actually, they are the innovator of Vtubing.
@petehall1900
@petehall1900 Ай бұрын
You forgot to mention the 1985 plaza accord and 1987 Louvre accord, for currency manipulation
@doujinflip
@doujinflip Ай бұрын
Which could be an accelerant, but not the root cause of Japan's eventual crash which is better explained by its corporate and human resources structure. Remember both currency agreements needed buy in from the UK, France, and West Germany too.
@my0.02cents
@my0.02cents 26 күн бұрын
This is interesting. Do you rhink China ends up the same?
@ronmaximilian6953
@ronmaximilian6953 Ай бұрын
Sony used to be a feature phone and smartphone giant. A lot of Japanese electronics are focused on the Japanese market. They don't necessarily look at the wider market, believing that they can't compete. And Japanese corporate culture is a giant mess that reduces innovation and efficiency
@bvd_vlvd
@bvd_vlvd Ай бұрын
My Kyocera is the best feature phone/dumbphone in existence, but they are not as popular out here in Europe as they are in Japan. It's kind of a shame, people would love to see some of their products elsewhere and not have to pay €50 for manual software translations and €100 to FedEx for each purchase
@Lombardi54
@Lombardi54 Ай бұрын
I am comparing your most current video to your videos from over a year ago (BYD). I noticed better audio, music, your voice pacing, and research content. You have improved. Please keep it up! I listen to your video via headset when jogging, walking, or doing the dishes. Your stuff is so much easier to follow compared to your old content. I always feel like I learn something new. Please keep on trying and keep on improving. Be the star you are destined to be.
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Thank you so much man! Always trying to improve!
@MithunOnTheNet
@MithunOnTheNet Ай бұрын
10:50 - "Their automakers are reluctant to embrace EVs as well..." Yeah, because Japanese automakers know what they're doing and it shows in their sales numbers. Toyota group sold a record 11 MILLION cars in 2023 and they remain the world's largest automaker. All thanks to the massive demand for hybrid cars. Teslas's sales down in Q1 -- and Toyota, Mazda, and Honda all saw double digit sales growth in North America. And yes, Sony INVENTED the Walkman. Also, the Pixel phones are a HUGE success in Japan. You often get a LOT of facts wrong in your scripts.
@draggador
@draggador Ай бұрын
japan was an innovation hub during the golden decades before the lost decades
@jasejj
@jasejj Ай бұрын
@@draggador Even during the lost decades they still were far more inventive than Korea, China or most of Europe. To try to make out, after all their achievements that they didn't innovate is preposterous.
@blackbelt2000
@blackbelt2000 27 күн бұрын
jpn hasn't innovated in decades. They still use fax machines and floppy disks 😅. There is a service here in the United States that collects floppy disks from donations and wipes the data clean for future use. Their biggest customer is jpn 😅😅. Except for the Playstation, sony products have all but disappeared from the world stage. In fact, a lot of jpnese brands have contracted back to the point where they just sell mostly in their own country.
@jasejj
@jasejj 27 күн бұрын
@@blackbelt2000 I'd argue there has been very little innovation, period, in consumer electronics since the late 2000s which is the point at which the Japanese companies started to wane. It's all just endless iterations on a theme - and where there have been innovative new technologies, OLED screens for example, the Japanese were at the forefront to begin with but could not compete on price. That has been the general theme of the last two decades.
@yomiyama
@yomiyama 25 күн бұрын
​@@blackbelt2000, what are you om drugs? Without the Japanese stubborn mindset on going their way and achieving success, we wouldn't have blue leds and the multicolor screens we have today would be decades late, in fact it's probable we would have found how to make blue light only recently with the research on GaN tech, which is at the base of blue LEDs, because before the Japanese worked on their way without listening to others - only 0.3% of research was on GaN which again is at the basis of blue LEDs, and this is only one example, I'm not even talking about the modern standards in modern factories that were induced thanks to "Toyotism". And I believe the Japanese are right again on the future of vehicles. Japanese are a cold, logical thinking people, they can discern BS from something that truely has potential, which is proven in their adventure with hybrid vehicle, the only thing they're hurrying too much in my opinion is hydrogen tech, which of course is the ultimate clean non-nuclear fuel.
@rosetzu_nagasawa
@rosetzu_nagasawa Ай бұрын
the Google Pixel died because GOOGLE does NOT stand behind its product. there is no Pixel service centre, there is no Pixel showroom, nothing, and Google itself can abandon this project overnight and has shown its capable of such. It is view as an experiment rather than a product.
@ChineseWinnie
@ChineseWinnie Ай бұрын
tesla stock tanking, sales dropping, don't think consumers want a tesla tbh
@TeknoMage13
@TeknoMage13 Ай бұрын
You're missing the bigger picture. Interest rates are high which is hurting all car manufacturers and Tesla suffered a terrorist attack in Berlin significantly hurting it's production. Without looking at the bigger picture, sales numbers are not that informative. Tesla is also constantly battling "bears" that short the stock and spread Fear Uncertainty and Doubt. None of what I said means you're wrong, but I said it because you should always be aware of other things going on. I don't own a Tesla or any of their stock and I'm not a fan boy. I have noticed that Tesla's stock price frequently has little to nothing to do with what is going on at the company.
@THEONEWHOKNOCKS697
@THEONEWHOKNOCKS697 Ай бұрын
I love his videos but I can't help but mention how some comparisons feel wrong,iPhones are FAR more reliable than Pixels,all you need to see are the countless numbers of news articles that state issues with the Pixel during launch, consumer sentiment has nothing to do with innovation,rather consumers buy with reliability and brand loyalty in mind.Keep in mind that innovations with regard to the iPhone is stagnant whereas Samsung makes something impressive every 4 years like their foldables but they still loose to Apple.The same is true with true with Toyota and Tesla,every metric suggests that consumers DO NOT prefer EVs and that Toyota is far ahead of the second biggest automaker Ford in marketshare,yet you seem to state otherwise. Reliability and brand loyalty are still important.Japan's economic issue takes roots in the the fact that the population is growing older and shrinking and that government spending is up to take care of the elderly not because of what you stated that Japanese companies are perceived as 'uncool'.
@TeknoMage13
@TeknoMage13 Ай бұрын
@JG-MV I know cars and they are not terrible. There are things I don't like about all of the manufacturer's cars, Tesla included. I feel like you're stuck in the past thinking about the struggle they had ramping model 3 production.
@Nicola.M7
@Nicola.M7 14 күн бұрын
What terrorist attack did tesla suffer?​@@TeknoMage13
@shashikanthpatil2686
@shashikanthpatil2686 Ай бұрын
Do a video on Indian stock market
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Thanks for the suggestion man!
@kendellfriend5558
@kendellfriend5558 Ай бұрын
As an American I agree. People are sleeping on India 🤩
@MaiderGoku
@MaiderGoku Ай бұрын
Also advice your Indian fellow to stop selling Christian and Deep State propaganda. Like this video blatantly avoiding Submarine Toshiba deal with Russia
@mizutofu
@mizutofu Ай бұрын
@@LogicallyAnswered A high stock market doesn't mean economy recovered. Many studies show an inverse correlation between stock market return and GDP per capita growth.
@devgaikwad3813
@devgaikwad3813 Ай бұрын
The birth rate and the aging is not changing for good for Japan
@victortoba-ogunleye4056
@victortoba-ogunleye4056 Ай бұрын
It ain't good for China, The EU, and other developed regions
@RERM001
@RERM001 Ай бұрын
Tell that to China, at least most japanese live decently and can do something to course correct if laws need to be changed. In the PRC people are ageing faster (thanks to Maoism), their quality of live is probably going to be looked at in the future as a miracle as how could so many people live in such a destructive state of pollution. All the while the all so powerful state can't be bothered to course correct in key areas of the economy until the ship is already sunk. Yeah, even with their problems, places like Japan, South Korea or Taiwan are still way better off than their communist neighbours.
@dontaskmewhy266
@dontaskmewhy266 Ай бұрын
​@@RERM001China isn't communist. Their modern political ideology resembles Fascism more than anything else
@NissocoMC
@NissocoMC Ай бұрын
@@dontaskmewhy266 the word "fascism" has lost all meaning with you people 🤦‍♂
@emanym
@emanym Ай бұрын
More wealth needs to be transferred to young men, so they can win wives and support them ❤
@TombaFanatic
@TombaFanatic Ай бұрын
Japan has always had me questioning the metrics of success. Despite being stagnant and deflationary for 3 decades, quality of life remained 1st world. While the rest of the world (especially English speaking) complains about stagnant wages, housing becoming unaffordable, and growing wealth inequality - Japan's deflation seems enviable to a standard consumer. It's only now that I see mumbling online about how wages are too low as the yen weakens and inflation kicks in and Japanese are struggling, just in time for reports to say the economy is finally growing. Maybe things were always tough and I was just ignorant, maybe it was just a matter of time before things caught up with the numbers. But this sounds a lot like the recent trend of economists telling Americans like me that the widespread worsening of financial situations isn't real because the economy is growing.
@RohitRaj-on6hl
@RohitRaj-on6hl Ай бұрын
Japan is safe just because of US. The declining population and ageing rapidly it just matter of time prosperity does not last forever because someone had to pay the bills.
@victortoba-ogunleye4056
@victortoba-ogunleye4056 Ай бұрын
China has the same ageing population and even worse birth rate but no one seems to care.@@RohitRaj-on6hl
@dennisp8520
@dennisp8520 Ай бұрын
Economic stagnation doesn’t have to automatically equal a bad thing. That being said it’s generally bad because most places are not like Japan with a declining population. So Japan at the moment was able to do fine because the overall pie was being shared by a shrinking number of people. It is worth pointing out however that Japan has had it incredibly rough. You would not want to work in Japan because you are expected to work extremely long hours. Promotions are heavily based on company loyalty not necessarily based on skill or talent either. Obviously there is a good side to every bad but Japan has always had their own problems to deal with. The population issues is a meaningful one though for many countries across the globe though as young people are necessary in order for many social schemes to continue to work and in order to maintain national security.
@NK-fe3md
@NK-fe3md Ай бұрын
@@RohitRaj-on6hl given that the entirety of east asia and the west has aging population, it doesn't matter that much. Japan also has the advantage that they had time to adjust to this issues. They might not be the center of technology, but thats fine.
@kirishima638
@kirishima638 Ай бұрын
Japanese work culture is terrible though.
@hoila4718
@hoila4718 Ай бұрын
So Japan had 0% inflation for 35 years? What recovery are we talking about
@sithys
@sithys Ай бұрын
If Japan is good at price and reliability, maybe they should start making airliners.
@rocketPower047
@rocketPower047 Ай бұрын
They tried... but it failed in 2020. They will try again it seems but not with Mitsubishi
@auraguard0212
@auraguard0212 Ай бұрын
"Why didn't Japan print money?" "They did! That's why they were dead for 20+ years."
@marcv2648
@marcv2648 Ай бұрын
I know this guy mentions quantitative easing as something the US does. He's too ignorant to realize this was policy initially developed by the Bank of Japan.
@GonzoTehGreat
@GonzoTehGreat 14 күн бұрын
@@marcv2648 In the video he mentions that the BoJ was the first to try QE, in the early 2000s, before the FED tried it after 2010.
@thegooddoctor6719
@thegooddoctor6719 12 күн бұрын
Absolutely Brilliant!!!
@doublesushi5990
@doublesushi5990 Ай бұрын
birth rate still tanking correct?
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Indeed
@4mb127
@4mb127 Ай бұрын
Not as bad as some others.
@movement2contact
@movement2contact Ай бұрын
Only for the better.
@southcoastinventors6583
@southcoastinventors6583 Ай бұрын
Too many VTubers not enough Realdohers
@Dommy521
@Dommy521 Ай бұрын
Come on guys let's go over to help repopulate Japan!
@Zergister
@Zergister Ай бұрын
As far as I know Japanese car makers are not working on EV, because they know they don't have energy budget for that. That's why they are investing in hydrogen cars - both electric and internal combustion.
@mireauxrascian
@mireauxrascian Ай бұрын
Not getting into EV’s is a smart move. 😅
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Eh, long term though
@Chag69420
@Chag69420 Ай бұрын
​@@LogicallyAnswered​I have a feeling the other shoe will drop when battery tech doesn't deliver the goods and EV's start crapping out at a millage between that of full petrol and diesel cars. I'm inclined to think Toyota's hybrid route will win out. I'll certainly be buying a Toyota Hybrid in the future. 1/3 of the population of Europe and the US doesn't have a driveway. That means they can't charge overnight and are reliant on parking and charging. For these people, ICE is more convenient, and with hybrids you can double your MPG.
@Demopans5990
@Demopans5990 Ай бұрын
@@Chag69420 Also, consider the fact that in order to even register your car in Japan, you must prove you have a reserved spot to even park it. Unless you live a good distance from the Japanese metro areas, that isn't going to happen
@southcoastinventors6583
@southcoastinventors6583 Ай бұрын
@@Chag69420 Seems more likely when they finally get autonomous cars that do run over people working most people will just app them for everywhere or some sort of small coop.
@kealeradecal6091
@kealeradecal6091 Ай бұрын
You liked that battery material price increase huh, especially lithium. 😂
@chrisgreen521
@chrisgreen521 Ай бұрын
Japanese tech 90s was amazing I'm glad to see they're back doing well 💯
@southcoastinventors6583
@southcoastinventors6583 Ай бұрын
Anime, Nintendo
@rosetzu_nagasawa
@rosetzu_nagasawa Ай бұрын
before Plaza Accord yen was 250Yen to USD
@rocketPower047
@rocketPower047 Ай бұрын
Keiretsu weren't a thing before WWII. Before it was mainly monopolistic Zaibatsu.
@r3kt_duuud
@r3kt_duuud Ай бұрын
Could you please make a video on italy also? Thank you
@snake4592
@snake4592 Ай бұрын
man I'm old school because i want price and reliability over any the extras they throw in cars or electronics now
@CyberPunkNeonLife
@CyberPunkNeonLife Ай бұрын
Really Loved this Documentary and those Animation Arts. When i think of Japan, i think about Sony, Gaming and Anime. 😅
@HelloSwiftful
@HelloSwiftful Ай бұрын
Americans always loved bigger and more, their greedy wasteful consumerism is hardly a good comparison for the conservative Japanese market. I agree with slow innovations hamper their economy.
@dgillies5420
@dgillies5420 Ай бұрын
Japan did a lot of basic science & engineering such as Blue LEDs which enabled high density blu-ray storage and quantum dot televisions. But they lost their currency advantage of 250:100 yen:dollar which previously allowed them to commercialize and capitalize on these inventions ...
@aybgim3850
@aybgim3850 Ай бұрын
Teenagers are not the entire market. As an adult with a family, I still prefer safe and boring Toyotas.
@Kim-Yo-jong
@Kim-Yo-jong 27 күн бұрын
The Nikkei 225 is down 9.18% in the past month.
@jogo798
@jogo798 Ай бұрын
Part 3 is not completely true- 1. Japan failed to development internet giant because of lack of investment in a stagnant economy and the lack of domestic consumer base. 2. Apple phone doesn't have any x factor but its popular because of its closed ecosystem which prevent people from picking other options. 3. Japanese company were at the forefront of product innovation during the 80s but deflation pushed the company toward opting a conservative corporate culture.
@thunderjay6300
@thunderjay6300 Ай бұрын
2:39 What's the name of this music?
@polymathx_
@polymathx_ Ай бұрын
Thank you wolverine.😆😆
@user-cd4bx6uq1y
@user-cd4bx6uq1y 27 күн бұрын
And then you still hear everybody screaming how ancient eastern wisdom is beyond our understanding and that we all should worship Japanese ideas
@MysticMylesZ
@MysticMylesZ 27 күн бұрын
12:00 I still want reliability man So many small markets want that, we're just so much smaller than American, no one tries to sell to us. Poorer less developed countries want things that will last em a long time They aren't into consumerism, while everyone is impressed by fancy new things; they prefer reliability.
@baoquoc3710
@baoquoc3710 Ай бұрын
John Coogan had made a very thoroughly analyze about how Japan had its economic miracle post WW2, as well as the ambitious industries like semiconductors and electronics and cars that made Japan an 80s superpower and also how the asset & real estate bubble ended up ruined their economy.
@stupidbro2301
@stupidbro2301 Ай бұрын
I am always asking if quick interest hikes are good for cooling the economy. I competely understand quick hikes to beat inflation. But i think if you have economy that for decades was using lot of debt it is good to say: Now eceryone just pay 5% interest.
@internet_userr
@internet_userr Ай бұрын
But what if no one has the money to pay for the 5% interest hike, especially if you have a lot of debt
@belstar1128
@belstar1128 Ай бұрын
i think a lot of people were caught off guard my the rise of twitter and Instagram and Facebook when they first came out a lot of people didn't see the point .most Japanese companies tried to make their own KZfaq like sites or early streaming sites and browser gaming because that was technically impressive at the time. and with smart phones they thought most people would prefer phones with buttons again this seemed logical at the time .
@theworddoner
@theworddoner Ай бұрын
I would say that Nintendo and Sony are good with making consumer centric brands but I guess that’s not the norm. A friend of mine works for a large company that tracks data server costs around the world. Japan right now has one of the highest costs especially with their low valued currency. A lot of their clients can’t afford to pay these rates. It’s an issue for his company. Inflation is back but not the fun kind. Supply side inflation is hitting all of us including Japan. This is not the inflation bank of Japan wanted but they have little recourse.
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Oof
@AndersHass
@AndersHass Ай бұрын
Interestingly Japan does use a Japanese messaging app for their smartphones but it hasn’t been something that is used outside of Japan. There are probably also other domestic internet services, media etc.
@SL4RK
@SL4RK Ай бұрын
6:42 footage from a Russian bank, probably one of the worst places with huge lines.
@Fanaro
@Fanaro Ай бұрын
3:40 The corporate equivalent of the human centipede.
@rocketPower047
@rocketPower047 Ай бұрын
That's exactly what a keiretsu is.
@Hazeman.
@Hazeman. Ай бұрын
Japan A V alone give Japan hundreds of USD Billion. Sony the only internet tech company for Japan ? But Sony dominant only in video games (but that also unsustainable cost)
@blackbelt2000
@blackbelt2000 27 күн бұрын
Lol, I wonder if they are proud of AV being one of their biggest exports😅
@Nicola.M7
@Nicola.M7 14 күн бұрын
​@blackbelt2000 what's AV?
@blackbelt2000
@blackbelt2000 14 күн бұрын
@@Nicola.M7 adult videos
@sillyhead5
@sillyhead5 18 күн бұрын
A few other things: 1. Japanese companies' culture is based, more so than in America, on the prioritization of employees as opposed to shareholders. This is great for the people of Japan but not great for the investor class of Japan. Their first instinct is to see the firm's resources as a potential benefit for employees. Lifetime employment is very important, as is not laying people off. 2. American corporations tend to maximize corporate performance, while the CEOs of Japanese companies tend to prioritize long-term survival. So when a company makes money, they're more likely to hold onto it as a reserve that will better-enable the company to ride out the economic storm. 3. There's a cultural preference to do business in ways that are proven, even when they are inventing technology that isn't. They are therefore reluctant to finance high-risk/high-return investments. All of this stuff means, essentially, that Japanese firms tend to have very low returns on equity even while doing business and producing products that are the envy of the world. They're a living example of how a great product is not necessarily the same thing as a great business, which is still not necessarily the same thing as a great investment. Combine that with an aging population with a declining childbirth rate and it's clear that they're far from their economic potential. It's heartbreaking, really, because they're something of a miracle. How such a small country, with no natural resources, could dominate the second half of the 2nd century, is a fantastic achievement. Hopefully they can return to some of their future glory.
@mylifegamer1
@mylifegamer1 Ай бұрын
you never heard of raukten and sony?
@eegernades
@eegernades Ай бұрын
Didnt their stock market seop hard today?
@JackPaul-vs3bq
@JackPaul-vs3bq Ай бұрын
Doesn't the Bank of Japan own most of the stocks on the Nikkei?
@THEONEWHOKNOCKS697
@THEONEWHOKNOCKS697 Ай бұрын
I love your videos but I can't help but mention how some comparisons feel wrong,iPhones are FAR more reliable than Pixels,all you need to see are the countless numbers of news articles that state issues with the Pixel during launch, consumer sentiment has nothing to do with innovation,rather consumers buy with reliability and brand loyalty in mind.Keep in mind that innovations with regard to the iPhone is stagnant whereas Samsung makes something impressive every 4 years like their foldables but they still loose to Apple.The same is true with true with Toyota and Tesla,every metric suggests that consumers DO NOT prefer EVs and that Toyota is far ahead of the second biggest automaker Ford in marketshare,yet you seem to state otherwise. Reliability and brand loyalty are still important.Japan's economic issue takes roots in the the fact that the population is growing older and shrinking and that government spending is up to take care of the elderly not because of what you stated that Japanese companies are perceived as 'uncool'.
@ArturoGarzaID
@ArturoGarzaID Ай бұрын
Toyota Camry was the best selling sedan last year….again.
@zwnj5840
@zwnj5840 21 күн бұрын
Really good video but I feel like the last part made too many assumptions based on specific markets. In the UK and Europe for example, Android phones are far more popular than iPhones.
@bvssrsguntur6338
@bvssrsguntur6338 Ай бұрын
Hari, are you seeing the same trend for us here in US?
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Maybe, have a video about that :)
@basilalias9689
@basilalias9689 Ай бұрын
Probably not, even as an Indian I have to say, I admire your political and economic system and their resiliance, your worst days are just tuesdays for us.
@shawnrosspeters
@shawnrosspeters Ай бұрын
Great video but the comparison of the Pixel is wrong. Sure, sales numbers are low but I have a Pixel 8 Pro after trying an iPhone 15 Pro Max for almost 2 months. Compared to the Pixel 8 Pro, it was laggy, picture quality was worse, tons of features were either missing or significantly worse, and the build quality was disappointing. I can't understand how people still think iPhones are either innovative or high quality. I think it's more of the pain of switching their mobile OS and the proprietary iMessage that many of their friends use. Ugh.
@danielhalachev4714
@danielhalachev4714 Ай бұрын
It's not even the pain of switching. People are simply brainwashed into buying a brand, not a product. They are like sheep and want to stay with the flock. Nothing more than this.
@natalkumar6132
@natalkumar6132 Ай бұрын
Japan will grow by 10% next year. Mark my words.
@blackbelt2000
@blackbelt2000 27 күн бұрын
More like their debt will grow by at least that amount and their currency will drop by that amount 😅
@sleefy2343
@sleefy2343 21 күн бұрын
It has no resources Other Asian countries have more potential than Japan
@brendanwiley253
@brendanwiley253 Ай бұрын
It hit me a while ago, that really the only long term measure of a country's success that matters is its birth rate and life expectancy, because all the money in the world means nothing if there will be no one to spend it in 50 years, and if population can only grow by immigration then that means in the best case scenario they assimilate and which means they'll have a birth rate like that of the natives within 1 or 2 generations, or in the worst case scenario they don't assimilate and the host country just becomes a colony of the source country.
@peterparker7738
@peterparker7738 Ай бұрын
Lol. You've missed the mark completely mate. People buy an iPhone and a Tesla for the same reason - IMAGE. That's it. The fact that Toyota isn't embracing EVs is going to be great for all of us normal consumers because the EV is not the answer to a fully ICE vehicle. That's a completely separate argument. The EV craze is already settling down and hybrid vehicles are going to give us the range we want, the economy we need and the flexibility when it comes to refuel.
@belstar1128
@belstar1128 Ай бұрын
the thing about ev's is that a lot of countries are trying to force them but i don't thin japan is doing that
@seriouslyfun9740
@seriouslyfun9740 Ай бұрын
You failed to mention US-JP currency policy before everything crash
@kevlee80rudals
@kevlee80rudals 20 күн бұрын
If last 34 years were a bear market, it wouldn’t have recovered. It’s been a bull market, albeit a weak and inconsistent one, the fact it recovered means it was a bull market.
@Fanaro
@Fanaro Ай бұрын
7:55 And if you know your salary will never accompany inflation because Japanese culture just won't allow it (without strong government intervention), then you just cannot go out spending your salary.
@IanHobday
@IanHobday Ай бұрын
Japanese tech companies? How about Mercari or Rakuten?
@kirishima638
@kirishima638 Ай бұрын
Can you do a video on late stage capitalism? It’s the elephant in the room that no one wants to acknowledge.
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Ooh, interesting suggestion
@DOCTORKHANblog
@DOCTORKHANblog Ай бұрын
This is just Marxist jargon for "things I don't like".
@Ratimir101
@Ratimir101 15 күн бұрын
Now their currency is about to crash or they will crash USD to save it
@mateusqueiroz6610
@mateusqueiroz6610 Ай бұрын
Not even a mention of the plaza accord or going into depth about the disaster of abenomics? Think you missed the biggest points
@nmoharo829
@nmoharo829 Ай бұрын
Rakuten is a pretty big company. So not sure what your definition is
@alch3mIx
@alch3mIx 22 күн бұрын
now all's left is for them to have the wisdom to maintain it and course correct their population growth
@gamesharkme
@gamesharkme Ай бұрын
The world will learn from history of Japan 🗾. It's going to be a well documented case study against western financial system setup for failure.
@ghostbaleada
@ghostbaleada Ай бұрын
This is the way Americans view things at large people do want reliable amd affordable tech. Which I think is the main reason for the rise of the likes of Xiomi, Honor or Oppo
@Soras_
@Soras_ 26 күн бұрын
They re not recovered only in financial market
@smetljesm2276
@smetljesm2276 Ай бұрын
They are trapped. Forget about stock market
@CoderDBF
@CoderDBF Ай бұрын
Whatever happened to those robots Japan was working on?
@shanghaidiscovery2664
@shanghaidiscovery2664 Ай бұрын
How is this a recovery?? The yen has collapsed, consumer prices are up quite a bit (except for foreign visitors what with the collapsing yen), home prices and stock prices are heading to bubble territory not supported in their rise by fundamentals but by money pouring in from speculators from across the world including China, HK, Singapore...
@swaraj429
@swaraj429 Ай бұрын
I always thought that at the end of the video, when he says am "hurry" is grammatically wrong, and why so hurry?🤔 Today, I got to know his name is "Hari"😂 Am I the only one?😅
@p.m.8316
@p.m.8316 Ай бұрын
Watch the documentary "Princes of the Yen" about the Japanese crisis.
@p.m.8316
@p.m.8316 Ай бұрын
kzfaq.info/get/bejne/pptxlpqS1cWxcY0.html
@draggador
@draggador Ай бұрын
> 11:17 > the japanese invented the walkman though .. (maybe you should add a comment correcting that point because it harms your credibility otherwise)
@isbestlizard
@isbestlizard 29 күн бұрын
While Japan won't be aladeen, they also won't be *aladeen*
@shadowzabyss
@shadowzabyss 27 күн бұрын
Wait what? Isn't Japan the first to use QE? What do you mean by Japan didn't go all in into QE like America loves to do?
@py8554
@py8554 19 күн бұрын
What now after 34 years? Let the Japanese Yen also go back to its pre-bubble level of course. It was over 230 jpy to 1 usd back then.
@bobcharlotte8724
@bobcharlotte8724 Ай бұрын
With how sophisticated Japan's dumbphones were (YOU COULD WATCH TV OR SURF THE (phone) WEB!) they were lobbed a soft ball and should've been the one to make the smartphone. But nope...
@newty82
@newty82 28 күн бұрын
You've missed one big geopolitical event that completely realigned Japan's place in global business. The plaza accords devaluation of the Usd & the Toshiba-kongsberg affair where Toshiba the #1 company got sanctioned into oblivion. Still.. Long term.. Japan would've froze in time like you said.
@ElfinHat96
@ElfinHat96 16 күн бұрын
I've heard that was USA's doing their economy stopped advancing.
@syafsmith5085
@syafsmith5085 12 күн бұрын
Plaza Accord of 1986.
@ElfinHat96
@ElfinHat96 12 күн бұрын
@@syafsmith5085 Thanks!
@HUEHUEUHEPony
@HUEHUEUHEPony Ай бұрын
Ewww inessages 🤢🤮 imagine using propietary messaging apps
@theunbearables
@theunbearables Ай бұрын
i think part of the reason why america dominated internet tech companies is because of our language. English is required to code, it is the most spoken language in the world, it used less ram since ASCII is widely supported while japan has 3 writing systems, ~2000 commonly used chinese characters. Japanese games at the time were limited by their own lang because it couldnt it all. Now a days its not as big of an issue. China is in a lucky position due to its population sustaining its own market but due to "communism" being a dirty word, it might not expand
@planesrift
@planesrift Ай бұрын
Now you should visit Japan when yen is low. You won't regret it.
@rishangaming7799
@rishangaming7799 Ай бұрын
Japanize semi conductor companies made the blue LED
@Chag69420
@Chag69420 Ай бұрын
I for one welcome our new Japanese overlords.
@mrvirusgr
@mrvirusgr Ай бұрын
I want if you can to make a video about greek economy from the ww2 and after.
@kendellfriend5558
@kendellfriend5558 Ай бұрын
How the nazi’s used Greece to finance their war needs to be talked about more
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Thanks for the suggestion man
@DayTripTookItTo10
@DayTripTookItTo10 Ай бұрын
First bro
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Thanks for being early man!
@Nonamearisto
@Nonamearisto Ай бұрын
Catching up where one was in 1989 is no accomplishment in 2024.
@shehufatihuabba6060
@shehufatihuabba6060 Ай бұрын
I am two minutes into watching this video. I am really glad that you no longer show your face in the video.
@medraut6599
@medraut6599 Ай бұрын
I agreed with everything that you said until you said that consumers wanted Tesla, and not Toyota. That is not true. Toyota's sales grew this quarter, Tesla's fell and Toyota faaaar outsells Tesla.
@LogicallyAnswered
@LogicallyAnswered Ай бұрын
Give it a few decades haha
@PoweredByLS2
@PoweredByLS2 23 күн бұрын
iPhones are a fashion statement, not a real phone....
@connerwilliams668
@connerwilliams668 Ай бұрын
I thought japan's revenue was from toyota
@blackbelt2000
@blackbelt2000 27 күн бұрын
Pretty much.
@screwcollege8474
@screwcollege8474 Ай бұрын
Japan stock market outperformed the sp500 the past 10 years 5 years and 1 year and YTD
@majidmehmood3780
@majidmehmood3780 Ай бұрын
Japan automotive sector is in decline, USA is a tiny market compared to the world where chinese are expanding aggressively in especially in Mid east and SEA. Only some tech companies may come out unscathed but most prolly will be a shell
@thedespoiler
@thedespoiler 29 күн бұрын
video about japan somehow ended up with "america is better". I wish that was true.
@zakhapiell4142
@zakhapiell4142 Ай бұрын
Reliable Toyota is always batter that super computer tesla. I want my car not to brake and drive me that's it
@IamdeaththedestroyerofWorlds
@IamdeaththedestroyerofWorlds Ай бұрын
Too little too late
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