reply on: Japan's Economic Downturn Deepens: GDP Revised to -2.9% \ stacker news ~econ

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63 sats \ 9 replies \ @TNStacker 3 Jul \ on: Japan's Economic Downturn Deepens: GDP Revised to -2.9% econ

They need imigrants and real money. It may be too late.

63 sats \ 4 replies \ @Undisciplined 3 Jul

Their plan seems to be substituting robots and other automation for immigrants.

Yeah, but robots don't spend money, yet. Fiat economies must have spending.

21 sats \ 0 replies \ @Undisciplined 3 Jul

That's a good point. I was looking at it from the actual productivity standpoint, but something will have to give with the Yen.

21 sats \ 0 replies \ @TomK OP 3 Jul

That's why they will be disappearing

42 sats \ 0 replies \ @gmd 3 Jul

they've also regressed on robot production. will lose out to China and US per usual.

92 sats \ 3 replies \ @TomK OP 3 Jul

They need highly skilled immigrants and not an invasion of analphabets

75 sats \ 2 replies \ @TNStacker 3 Jul

Didn't think that needed to be said.

38 sats \ 1 reply \ @TomK OP 3 Jul

oh yes, 99% of the general population have no idea what we are talking about. I have 25 years of media work under my belt myself and I can tell you that the masses are completely stupid and no longer realize anything about reality

0 sats \ 0 replies \ @TNStacker 3 Jul

Most people's faces glaze over when discussing economic and finance principles. It's why the fiat hustle is so lucrative.

Also why Bitcoin will be a slow slog to adoption until merchants accept it.