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/jp/ - Otaku Culture

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1330577 No.1330577 [Reply] [Original]

I'm looking at the world and it looks like it's all crashing down. I thought only the US was going under because of stupid lending decisions but it looks like Eurosphere is heading to hell due to housing bubbles and profit lost from cut back exports, Russia is freezing it's stock markets due to liquidity issues and China's stock market is down 66% and financial institutions are caving with the threat of massive inflation and housing bubbles...

Lets have a hug thread. I need to be comforted.

>> No.1330580

Japan related how?

>> No.1330585

eat a dick

>> No.1330588

>>1330580
Posting touhou automatically makes something realted to this board.

>> No.1330590

*squeeze*

>> No.1330591
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1330591

The world will reinvest in China and curb inflation

>> No.1330603
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1330603

China's economy is strong. The talk you hear of our stock market at a 22 month low and rising inflation is all western propaganda aimed at dissolving our mighty nation.

>> No.1330615

Every night I pray for the world to end. Every morning I'm disappointed.

>> No.1330626

Now would be a good time to buy.

>> No.1330636
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1330636

US and Canadian stocks surged today. The world isn't going down the shitter as much as you think. Stop reading blogs.

>> No.1330651
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1330651

>>1330603

But a cup of lukewarm water could dissolve your economy so yeah.

>> No.1330666
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1330666

World's getting CAVED
Time to move to Gensokyo

>> No.1330674

>>1330615
Why?

>> No.1330682
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1330682

So how bad is it in Europe? I heard some banks in England had people withdraw all their money and such.

>> No.1330678

>>1330615
ROFL XD

>> No.1330711

>>1330706

how about u report my dick

>> No.1330706

/jp/ - economies.

Reported!

>> No.1330762
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1330762

Technically, the US isn't in a recession yet. Our GDP actually grew instead of shrank. Europe is heading into a recession. Because the US dollar is worth much less than the euro, we cut back on exports and Europe's manufacturing industry is suffering from it. The US's unemployment rate is only around 6% or so. Just a bit above the natural unemployment rate so we're not doing too bad. Stop reading economy threads on /r9k/. They are a bunch of psudo-intellectual anarchist leaning Armageddon lovers.

>> No.1330790

>>1330762
There hasn't been enough time for us to really feel the effects of the stock market crash. You think everything went to shit the day after the stock market crash of 1929 took place? It took a couple years to take effect that time, and it'll take a couple years to take effect this time. While it's not completely clear whether we'll enter into another Great Depression, the possibility is very real.

>> No.1330794

>>1330706
report this!
*grabs dick*

>> No.1330800

>>1330711
>>1330794
0/10. Reported for trolling, anyway.

>> No.1330819

>>1330800
reported for abusing the report button

>> No.1330829
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1330829

Fuck yeah, Econthread. The thread from last night was hilarious.

>> No.1330832

>>1330822
Your arguments have convinced me.

>> No.1330822

>>1330790
No it isn't.

Stop reading blogs.

>> No.1330836

>>1330790
>the day

>> No.1330839

>>1330829

The Len rape thread? I agree.

>>1330790

No alot of the effects were felt on the day and following days of the stock market crash for the Great Depression. It's just that the government raised tariffs to protect domestic industry and everyone did that and stagnated international trade and that just made everything worse.

>> No.1330845

>>1330829
Finally! 23 posts and no Horo, I was worried.

>> No.1330847

Does anyone have a screen shot of the Len rape thread?

>> No.1330853

>>1330832
Using logic against someone who honestly believes in the possibility of another Great Depression is pretty hopeless.

>> No.1330876
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1330876

You can take comfort at stocks bouncing back today.

>> No.1330873

I'm sure that very few people are actually worried about the economy. They're just looking for the least stable thing that's openly viewable and blaming it, because they feel like something is going to collapse soon. Maybe you can feel it too? Something big feels like it's about to crash, but some people are looking at the economy instead of what actually might crash.

>> No.1330897
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1330897

>>1330829
Mai waifu

>> No.1330899

>>1330847
http://archive.doesntexist.org/jp/cgi-board.pl/thread/1324386

>> No.1330901

>>1330853
I tend to trust economists like Krugman a lot more than some fag on the internet not willing to even argue his point.

>> No.1330913

The possibility of the US going into a recession is a self-fulfilling prophecy. Everyone says that the US is going to go into a recession (when it isn't) so people get scared and stop investing in the economy. This in turn causes us to actually go into a recession.

>> No.1330956

>>1330913
Yeah, this all in our heads! Kind of like the $45 trillion credit default swap market. Seriously, the problem was caused by people like you, pointing at ridiculous bubbles and talking up how great the economy was doing while advocating for more deregulation.

>> No.1330968
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1330968

>>1330956

>> No.1330990

>>1330913
Do people not realize recessions are a natural thing?

>> No.1330998

>>1330873
Yeah, shit's definitely brewing. I don't like it.

>> No.1331010
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1331010

Did someone need a hug?

>> No.1331011

To prevent this thread from being deleted, let me ask how Japan's economy has been doing lately. I heard that their economy has been stagnating for ages, and that they have a low interest rate since nobody ever borrows money.

>> No.1331014
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1331014

http://www.eurotrib.com/story/2008/9/15/7620/66240

Here's a pretty good explanation of why the crash happened, if anybody's interested.

>> No.1331028

>>1331011
Yeah, the only reason Japan's economy has been merely stagnating for such a long time is because the government is pumping up the GDP with worthless infrastructure projects like bullet trains to villages in Hokkaido. Though the current crash is definitely going to effect them too, and might be the final blow.

>> No.1331052

>>1331028
>worthless infrastructure projects like bullet trains to villages in Hokkaido.

Well I'd be damned. Malaysian public transport is extremely shitty outside Kuala Lumpur. It'd be nice if the Malaysian government do just like the Japanese did here.

The government should stop thinking about maximizing profits or making themselves as rich as possible for a second, and think about the people (the POOR people)'s needs.

>> No.1331088

>>1331052
Japan isn't a very nice place to live for poor people, and most of the projects only exist for the sake of initially being built and then deteriorate. Though I guess it probably is better than Malaysia...

>> No.1331107

>>1331011

Well Japan has one of the lowest interest rates in the world to boost investment. But that's not working out too well.

>> No.1331128

>>1331107
It was negative for a bit, which is pretty hilarious.

>> No.1331132
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1331132

As long as you're not in Russia, you don't have much reason to shit your pants yet. Japan stocks rose today in response to American stocks rising.

>> No.1331139

>>1331128

Oh wow, how does that work?

>> No.1331143

>>1331139

It doesn't. That's why they are stagnating.

>> No.1331147

We may have to accept the possibility that in a not-so-far future, Japan may be the most contested piece of land on earth.
Falling birthrates and unwillingness to import labour eventually depopulates Japan to the point where maintaining a basic infrastructure is no longer possible. Japan as a technological society ceases to exist as we know it.
With prices on raw materials skyrocketing due to war, labour strikes, ecological disaster, what have you, a good deal of the worlds imperishable resources is to be found covering the Japanese isles. In the form of scrap and ruins.

... but there is a low budget 80's sci-fi movie on that theme, so it'll never happen. Nothing they make low budget movies of ever happens.

>> No.1331155

>>1331147
The cost of living will plummett with decreasing population. At that point people could afford to have more children and the population will increase again.

>> No.1331161

>>1331155

See what I mean that it'll never happen?

>> No.1331184

I thought Japan was doing well now. Aren't they recovering from their asset bubble bursting?

>> No.1331185

>>1331155
The decline in population has little to do with lack of affordability, but instead has more to do with culture. Almost all developed nations have had a decline population growth, including America (obviously less so) and Europe.

>> No.1331193

Money has little to do with birth rate. Dirt poor immigrants have like 5+ kids. It's mostly gender roles that determine births. Pretty much women that work and don't know what a kitchen is don't have kids.

>> No.1331301
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1331301

>> No.1331342

>>1331193
Good job disproving yourself. There's a strong, but not perfect correlation between poverty and larger families.

>> No.1331402

>>1331342
Confirming this, we had shittons of graphs and stuff on this same subject in my international development class

It's too bad Japan is a bunch of xenophobes because I estimate that their birth rate would rise drastically if they loosened immigration policy. JAPAN for JAPANESE and all that.

>>
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