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Old 2004-10-15, 03:23   Link #16
Sokar
Senior Member
 
Join Date: Sep 2004
Location: Berkeley
Quote:
Originally Posted by R-S-W-E
argh man... what are you talking about? Do you know how strong the Japan economy was after the WW2? Ya of course there's that Asian economic crisis around 10 years go, but now the Japan economy is recovering.
Japan's economy look strong on the outside after WWII, but the economy's true strength was revealed by the asian economic crisis. The Asian economy crisis which happened 10 years ago caused Japan to undergo A TEN YEAR RECESSION. Some would even call it a depression. Japan's domestic sector is very inefficient, they are(although it's changing) basically socialist where everyone is gurranteed a job(again changing), and people gets into super pointless jobs that doesn't increase efficiency at all. You have people directing you on every turn in a parking lot, even though there are huge signs that tell you where to go. It's like their form of welfare.
Japan is only beginning to recover now, but that's only due to the increased economic power of China, which is bringing Japanese economy up by importing Japanese high tech goods. Without the rapid growth of China Japan's GDP would basically stay still, even shrink after inflation is taking into account.
As for military power China is not that great. China probably can not invade Taiwan successfully unless they use crazy missile attacks. (West Point people said this, not me) Of course that is also due to the U.S. giving the Taiwanese advanced weaponry, but U.S. does that with Japan too. China has a vast number of troops, but the technology is rather poor. Although that could change in 10 years.
(Most of my information came from the Economist or BBC, just in case someone wants to check it out for themselves)
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