La manifestation au Japon dont personne ne parle

NOTE: There are a few moments where I misspoke in the video—please refer to the data shown on screen 🙏 Also, I'm sharing the protestors' arguments and I’m NOT an economist by training. My next video will be an updated breakdown of Japan’s political parties 🇯🇵

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that's a lot of words to say "capitalism doesn't work" tbh

恥ずかしいから、やめてくれ。日本人が全員バカだと思われる。

If those parties win especially, reiwashinsengumi, Japan will go the way of open borders Europe.

Where's the Footage of the protest?

Japan needs to change its industrial and economic policies because it can no longer depend on the US market. Japan must seriously consider how to utilize its one trillion dollars—whether to invest in its own economy or continue supporting the US dollar as a global currency for a few more years. If Japan's leaders choose the first option, then opening up and working towards stronger ties with Russia and China may be the way forward. However, it won't be easy for Japan to make this shift, especially considering the perceived weakness of its prime ministers. I worry that Victoria Nuland could potentially influence Japan's decisions negatively, especially if Japan's choices appear to favor the US. Overall, I don't see a bright future ahead for Japan under these circumstances

With a debt that high you'd have to be a mental midget to not go into austerity.

There's an interesting contradiction.

Critics of the MOF state it is too concerned with fiscal conservatism at the expense of economic growth. Yet, Japan carries an enormous public debt. How did this debt arise? Mostly from economic stimulus packages. What is the purpose of stimulus package? Economic growth. The two most recent economic stimulus programmes were in 2021 in response to the 'rona and Abe's in 2013. Stimulus packages go back to the early '90s.

Re consumption tax (a VAT/GST/sales tax), it was first introduced in Japan in April 1989, initially at a rate of 3%. It was subsequently increased to 5% in April 1997, 8% in April 2014, and 10% in October 2019. A period of 17 years passed between the increase of '97 and the one of '14. Prior to the tax increase, it was announced. What do soon-to-be-affected consumers do prior to implementation? They buy large-ticket items such as home appliances and cars. Upon the 'shock' of the higher tax, people cut their non-essential discretionary consumption until they mentally adjust to the new rate. Of course, such consumption taxes often exclude or tax at a lower rate essential items such as groceries. Japan's private consumption fell from 59% of GDP in 2000 to 53% in 2024. On the flip side, America's increased from 66.2% to 68.1% during the same period. Other aspects contribute to lower consumption such as smaller home size, restrictions on car ownership, and infrequency of existing home renovation and improvement because housing in Japan is a depreciating asset.

Is 5, 8, or 10 per cent a too high consumption tax? Putting aside arguments about the efficacy and justness of taxation and examining it in comparison to other countries, Japan's consumption tax is much lower than Europe's VAT, equal to Australia's and Korea's, and is placed amongst sales tax levied in many major US cities, often in conjunction with county and state sales taxes; New York City's aggregate sales tax is 8.875%, LA's is 9.75%, and Chicago's is 10.25%.

Japan's high median age of 49.8 years (more than 10 years older than US) is a large drag on consumption and economic growth. Generally, adults ages 18 to 45 are the largest consumers. They buy household goods such as major appliances and furniture, cars, homes and have children, which is a large expense. At roughly age 45, typically the start of their highest earning period, they shift from being consumers to being investors/savers as they prepare for retirement. Moreover, in 2001 the share of Japan’s population ages 65 and older was 18.4%. By 2024, this share had grown to 30.2% -that's a 64.1% increase and most demand for Gov't pensions and supported healthcare and other services. Those ages 45 and older low discretionary consumption and younger people's not marrying and having children is a one-two punch on economic growth. Further, just a US industry began to hollow out after JFK's Trade Act in 1962, Japan's industrial production shifted to China and other countries. Japan's present weak yen aids exports, but because of hollowing out the benefit of the weak yen to Japan's economic growth is not as strong given there are fewer industrial producers domestically. But the weak yen increased the cost of essentials such as energy, mineral resources, and food.

No ministry in Japan can contend with rapidly ageing population and low fertility rate. The Gov't may offer tax breaks and other incentives to encourage marriage and childbirth, but the gains from that are decades away, during which time Japan only ages further.

Good grief. The protest was 30 people. That's 0.000024% of Japan's people. No wonder no one is talking about it.

I'll give you credit. 400 times more people viewed the protest on your channel than attended it.

Interesting video, in Germany there were some discussions und raising debt to encourage economic growth. Even though Germanys debt to gdp ratio is way lower than japans, we were lowering it massively by cutting cost and investments over the last decades. This lead to a broken infrastructure and an unemployment ratio of around 5%. After two major crisis (covid and Ukraine) the country is in a bad position with almost no economic growth, "low" consumer buying power and unemployment rising and a high amount of investments needed to restore the old infrastructure. Just a few weeks ago the old mantra of no debt at any price broke and hopefully things will get better.
I hope japan can also learn from it's mistakes and generate economic growth and prosperity again.

Printing money does not cause inflation by default. Inflation is only happening if the money is spend and the economy cant activate resources or increase efficiency to supply the new demand. This might happen but i would not expect it to. Also japan comes from times of low inflation (or even slight deflation) while having low interest rates. A healthy amount of inflation (define it how you see fit) could reduce the old debt the japanese firms have aquired during the financial crash. All in all its not that easy.

The answer is a mix of both inside and outside vectors:

1. tax tourist with entrance and exit taxes
2. push for support of companies with tax benefits when focus on development of new modern technologies like AI and quantum (stop holding old dinosaurs like Nissan)
3. focus on rapid increase on immigration to support the declining birth rate (increase english usage in government support and processes, provide benefits to companies that hire inmigrants) – this will have a long term effect on society support
4. heavy focus on fining black companies and enforcing more even work life balance (impact on public perception and forces companies to focus on impact versus hours worked)
5. instead of decreasing tax as a one-time deal, offer bigger refunds annual (this has a better impact on public morale)
6. increase investment options that dont have such high fees to offer retirement options to people instead of the limited NISA and Ideco options (this lowers dependency on nenkin)

Read Princes of the Yen.

The reason Japan has not turn to s**t is because of those in charge. The economy is not doing well is because the world economy is also not doing well.

The Japanese public needs to go out and actually vote if they want something to change. The voter turn out is abysmal every election.

I agree that the consumption tax should be lowered or removed and they should implement more of a progressive tax bracket to tax the WEALTHY not the working. That’s gonna be hard to do if the LDP is in control

who tf thinks private health care is a good idea? US is a literal example of why it is bad and will always be bad

The bureaucratic permanent state in several countries has become toxic to the overall health of the nation and they need to be restructured into an agency that doesn't become an unclimbable wall. I can already see that Japan will not only hit a point of no return but also face a very very slow decline and its people become working poor, success will only be found outside of Japan and under the umbrella of a few multinational companies (Arasaka from cyberpunk and Caldari State from EvE Online come to mind as parallels or perspective ideas)

Its quite simple, unless Japan gets rid of the LDP the country will die. Full stop.

My solution to this kind of thing, not just in Japan either, is to get rid of central banks, get off fiat and significantly downsize government – as a government's only tasks should be to secure borders, have an army ready for defence of the nation and to act as a referee in citizen and private sector disputes.
Governments should under no circumstance be in a position where they rule over people.

Everyone's solutions are always statist in nature and you people need to wake up, we keep trying these statist solutions and everything just gets worse – time to try something new, an anti-state solution.

The embedded corruption in politics and business also doesn't help

Funny how when protests breaks out in many Democratic countries, they are the ones the tends to resort to censorship, the very same thing they accused so called dictatorships of doing.

Yuntaku? does that mean to talk? I don't recognize that word is it a pun/play on words?