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A big flaming stink
Apr 26, 2010
yes i am referring to the plaza accord

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Tesseraction
Apr 5, 2009

That's fair, I suppose I hadn't really thought of the real estate bubble as being driven by America's financial intervention. It makes sense intuitively since I know that American popular culture often saw the Japanese as the big scary monolith looking to overshadow the US, but I guess I never really considered the causality.

Lammasu
May 8, 2019

lawful Good Monster

Tesseraction posted:

That's fair, I suppose I hadn't really thought of the real estate bubble as being driven by America's financial intervention. It makes sense intuitively since I know that American popular culture often saw the Japanese as the big scary monolith looking to overshadow the US, but I guess I never really considered the causality.
My mom was big into that. She once said that Japan was going to eclipse America militarily as well. She is kind of racist.

Tesseraction
Apr 5, 2009

Being fair Japan, America and (adding as I'm from) the UK all have problems with rather racist members of our population.

Badger of Basra
Jul 26, 2007

Lammasu posted:

My mom was big into that. She once said that Japan was going to eclipse America militarily as well. She is kind of racist.

This was *the* thing everyone was freaking out about in the 80s. If you showed someone back then the story about Nippon Steel buying US Steel they would have a heart attack

Mr. Fix It
Oct 26, 2000

💀ayyy💀


ah gently caress, Ishikawa just got hit by a large earthquake, 3-5m tsunami warning in effect

https://emergency-weather.yahoo.co.jp/weather/en/earthquake/20240101161010/

hadji murad
Apr 18, 2006
There’s an app called NERV which has a lot of detailed info, especially about the tsunami. You can see arrival times even.

kliras
Mar 27, 2021
youtube feed for nhk world

https://www.youtube.com/watch?v=f0lYkdA-Gtw

Negostrike
Aug 15, 2015


hadji murad posted:

Theres an app called NERV which has a lot of detailed info, especially about the tsunami. You can see arrival times even.

Please tell me it plays this whenever an alert comes up
https://www.youtube.com/watch?v=LdhPl1McB8M

Mr. Fix It
Oct 26, 2000

💀ayyy💀


"Dissolution of (the) coalition" (連立解消) is trending on twitter due to news about the LDP being mad about komeito blocking/dragging its feet on increases in arms exports. https://news.yahoo.co.jp/articles/ab578749939c302fc247ff2168b5981090228f0a

the loony right-wingers have always hated komeito and are cheering on the idea. could be interesting if the coalition does dissolve. it's a half-remembered thing i heard in the one and only poli-sci class on japan i took (and only poli-sci class in general), but there's some thought that a lot of LDP's electoral viability is under-girded by komeito (read soka gakkai followers) voting for ldp candidates in districts komeito wasn't fielding anyone.

Lammasu
May 8, 2019

lawful Good Monster

Badger of Basra posted:

This was *the* thing everyone was freaking out about in the 80s. If you showed someone back then the story about Nippon Steel buying US Steel they would have a heart attack

Oh God! Does Nippon Steel have an anime girl mascot? Seeing that on the Granite City steel mill would be glorious. In case you are wondering, Granite City, IL is like if you took all of New Jersey and condensed it down to one city.

AlternateNu
May 5, 2005

ドーナツダメ!

Lammasu posted:

Oh God! Does Nippon Steel have an anime girl mascot? Seeing that on the Granite City steel mill would be glorious. In case you are wondering, Granite City, IL is like if you took all of New Jersey and condensed it down to one city.


Uwuuuuuuuuu, Lammasu-tan.

Lammasu
May 8, 2019

lawful Good Monster
Was there anything on the Japanese news about Kimmel being impressed with how clean everything was?

harperdc
Jul 24, 2007

Lammasu posted:

Was there anything on the Japanese news about Kimmel being impressed with how clean everything was?

Uh, no.

  • “Japan is so clean!” is something that gets repeated by tourists of all stripes and kinds, so that kind of coverage already happens enough.
  • Nobody in the Japanese mainstream knows what a Jimmy Kimmel is

Lammasu
May 8, 2019

lawful Good Monster
What's with Trump meeting the former PM? What does Aso get out of it?

Mr. Fix It
Oct 26, 2000

💀ayyy💀


Lammasu posted:

What's with Trump meeting the former PM? What does Aso get out of it?

Aso is a conniving shithead and only ever became PM due to controlling a large faction in the LDP and power-brokering when the LDP's stock was down. LDP's stock is way down again and he probably sees a path to power that involves being at the locus of international relations between a Trumpist US and Japan.

there's also definitely some basic "birds of a feather flock together" affinity, at least going from Aso to Trump. i bet Trump calls him Abe.

Mr. Fix It fucked around with this message at 01:12 on Apr 25, 2024

Lammasu
May 8, 2019

lawful Good Monster

Mr. Fix It posted:

Aso is a conniving shithead and only ever became PM due to controlling a large faction in the LDP and power-brokering when the LDP's stock was down. LDP's stock is way down again and he probably sees a path to power that involves being at the locus of international relations between a Trumpist US and Japan.

there's also definitely some basic "birds of a feather flock together" affinity, at least going from Aso to Trump. i bet Trump calls him Abe.

There is a non-zero percent chance Trump thinks every Japanese person is named Abe.

Weatherman
Jul 30, 2003

WARBLEKLONK
Pronounced "Abe", too, right

JosefStalinator
Oct 9, 2007

Come Tbilisi if you want to live.




Grimey Drawer

Weatherman posted:

Pronounced "Abe", too, right

No, pronounced "Abe"

Navaash
Aug 15, 2001

FEED ME


Mr. Fix It posted:

Aso is a conniving shithead and only ever became PM due to controlling a large faction in the LDP and power-brokering when the LDP's stock was down. LDP's stock is way down again and he probably sees a path to power that involves being at the locus of international relations between a Trumpist US and Japan.

One would be remiss to not note that Aso was such a hated PM in Japan that he oversaw the LDP losing total control of the government for the first time since the end of WWII.

The public already loathes Kishida enough as is for being perceived to be a bespectacled tax hiker, but Aso has consistently topped opinion polls for most hated politician in Japan for decades. Does he think people are suddenly going to love HIM, of all people, if he pulls a palace coup now???

Mr. Fix It
Oct 26, 2000

💀ayyy💀


Navaash posted:

One would be remiss to not note that Aso was such a hated PM in Japan that he oversaw the LDP losing total control of the government for the first time since the end of WWII.

The public already loathes Kishida enough as is for being perceived to be a bespectacled tax hiker, but Aso has consistently topped opinion polls for most hated politician in Japan for decades. Does he think people are suddenly going to love HIM, of all people, if he pulls a palace coup now???

LDP was out of government from August 1993 to June 1994. A brief interregnum to be sure, but they were out. Aso despises popular opinion and would happily snake his way to another turn as prime minister, but if he's rational (big if, imho), he's angling for being a power behind the throne.

Tesseraction
Apr 5, 2009

Lammasu posted:

There is a non-zero percent chance Trump thinks every Japanese person is named Abe.

I met the Japanese prime minister, lovely guy, great guy, called Ape, like the monkey. Very strange! That's the Japanese for you though, a very strange country but we love it folks.

Mr. Fix It
Oct 26, 2000

💀ayyy💀


There's 3 by-elections today (Sunday). The LDP are only competing in Shimane's 1st district and it's a head-to-head matchup with a candidate from the Constitutional Democratic Party, the top opposition party. Shimane is a seat of LDP power, referred to as a 保守の王国 (hoshu no ôkoku conservative kindgom), so if they manage to lose there's an outside chance of Kishida resigning or other interesting things. I expect them to squeak it out and maybe a cabinet reshuffle if they do lose.

Staluigi
Jun 22, 2021

thermodynamics cheated

Lammasu posted:

There is a non-zero percent chance Trump thinks every Japanese person is named Abe.

Shinzo Abe (literally, "Mister Abe")

JosefStalinator
Oct 9, 2007

Come Tbilisi if you want to live.




Grimey Drawer

Mr. Fix It posted:

There's 3 by-elections today (Sunday). The LDP are only competing in Shimane's 1st district and it's a head-to-head matchup with a candidate from the Constitutional Democratic Party, the top opposition party. Shimane is a seat of LDP power, referred to as a 保守の王国 (hoshu no ôkoku conservative kindgom), so if they manage to lose there's an outside chance of Kishida resigning or other interesting things. I expect them to squeak it out and maybe a cabinet reshuffle if they do lose.

https://x.com/ElectsWorld/status/1784545320665305349

:getin:

Mr. Fix It
Oct 26, 2000

💀ayyy💀



well poo poo, that's cool

JosefStalinator
Oct 9, 2007

Come Tbilisi if you want to live.




Grimey Drawer

Mr. Fix It posted:

well poo poo, that's cool

Saw an exit poll that the Shimane election wasn't particularly close either - something like 60-40, but I can't seem to find any official numbers.

edogawa rando
Mar 20, 2007

Kamei won by around 25000 votes apparently, and captured 58.82% of the votes according to Asahi Shimbun.

edogawa rando fucked around with this message at 16:46 on Apr 28, 2024

Lammasu
May 8, 2019

lawful Good Monster
Once again showing that the best way to bring about political change in Japan is assassination.

icantfindaname
Jul 1, 2008


Staluigi posted:

Shinzo Abe (literally, "Mister Abe")

He’s named “New Elephant” folks, what a name! Did you know that “shin” means 11 things in Japanese? We love it

golden bubble
Jun 3, 2011

yospos

They are mad about Abe, mad about the many different LDP corruption scandals, and mad about the currency. The yen has weakened a lot again the US dollar, Australian dollar, S Korean Won and Chinese RMB. The hundreds of billions of US$ are much more expensive for the typical Japanese person now.

Lammasu
May 8, 2019

lawful Good Monster

golden bubble posted:

They are mad about Abe, mad about the many different LDP corruption scandals, and mad about the currency. The yen has weakened a lot again the US dollar, Australian dollar, S Korean Won and Chinese RMB. The hundreds of billions of US$ are much more expensive for the typical Japanese person now.

But onahole exports must be surging.

harperdc
Jul 24, 2007

golden bubble posted:

They are mad about Abe, mad about the many different LDP corruption scandals, and mad about the currency. The yen has weakened a lot again the US dollar, Australian dollar, S Korean Won and Chinese RMB. The hundreds of billions of US$ are much more expensive for the typical Japanese person now.

For context: When I moved to Japan in 2011, the yen was in the 70-80 to $1 range - a bit strong, but the yen and Japanese investments in particular were viewed as a 'safe haven' in the wake of the 2008 financial crash, so understandable.

then in the wake of the March 11 tsunami and Fukushima nuclear plant meltdown, Abe gained the premiership again, and promised big changes to the economy. Maybe Japan would shake itself out of the late 1990s/2000s doldrums. He had Abenomics to sell.

Only one of the platforms actually really made an impact, and that was quantitative easing, which shot the yen from that 70-80 : $1 range and went right past 100 : $1, which was seen as a 'normal' rate, and tickled up to 120. There was absolute panic amongst the circles I was in, wondering when to send money home because the rates were getting worse daily. I would have to check but the currency lost something like 33% of value in about three or four months. It was brutal.

The yen settled in for a number of years, but after COVID crept up to 120 : $1 and then 130 : $1, and as the war in Ukraine took hold and impacted global economics, it jumped past 140 : $1 for the first time in decades. Now we're seeing the rate almost reach 160 : $1, with the Bank of Japan not yet saying they need to step in.

The other big difference after the Ukraine war hit: Price increases and inflation. It felt like every day for months in 2022, companies were announcing via press release and highlighted in news media as increasing their prices for everything you could imagine in the CPI basket, and oftentimes increasing the price of their goods for the first time in literal decades.

I'm not a monetary policy genius, but it feels like this has only helped export-focused manufacturing and companies who are re-patriating overseas profits. It hasn't helped the common person on the street, nor the better-off person who's living big in Tokyo and traveling overseas. It loving sucks, and I hope we settle back down towards 100 : $1.

stephenthinkpad
Jan 2, 2020
The yen being low would benefit Japan if iti's still a net export country, but Japan has trade deficit for 2011-15 and also drop off the cliff after covid/Ukraine war.


I can't find a chart that go back to the 80s.

Tesseraction
Apr 5, 2009

Crikey, what caused that import spike after covid? Something unable to be produced domestically due to lockdown?

golden bubble
Jun 3, 2011

yospos

Tesseraction posted:

Crikey, what caused that import spike after covid? Something unable to be produced domestically due to lockdown?

The big things Japan imports are fossil fuels and petroleum products, electronic components, and computer chips.

Tesseraction
Apr 5, 2009

Right, but shouldn't those have remained somewhat constant, rather than spiking up then going back down to the mean?

stephenthinkpad
Jan 2, 2020

Tesseraction posted:

Crikey, what caused that import spike after covid? Something unable to be produced domestically due to lockdown?

Among other things, they have to pay the "pro US hiked up gas price" instead of "pro Russia discounted gas price". Also lost the top auto export spot to China.

Lammasu
May 8, 2019

lawful Good Monster
How is the Japanese public reacting to Biden saying Japan doesn't want immigrants?

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Weatherman
Jul 30, 2003

WARBLEKLONK
I bet it's a mix of ":hmmyes:" and "sempai noticed us :swoon:"

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