391
Anon is waiting for Japan (sh.itjust.works)
submitted 2 years ago by [M] to c/greentext@sh.itjust.works
185 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 11 points 2 years ago (14 children)

They'll survive it, their markets and investments aren't overvalued like ours are. They'll crash, re-evaluate their societal priorities, and start to build again

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 14 child comments
    •
  • [+] 9 points 2 years ago* (last edited 1 year ago) (13 children)
    [deleted]
  • permalink
  • fedilink
  • source
  • parent
  • hideshow 13 child comments
    •
  • [–] 10 points 2 years ago (11 children)

    I mean every society has to rebuild after a crash, I'm just optimistic that they'll do it faster

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 11 child comments
    •
  • [+] 7 points 2 years ago* (last edited 1 year ago) (10 children)
    [deleted]
  • permalink
  • fedilink
  • source
  • parent
  • hideshow 10 child comments
    •
  • [–] 5 points 2 years ago (9 children)

    Got a summary? I know the onus is on me, but I'm not likely to dig much further

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 9 child comments
    •
  • [+] 8 points 2 years ago* (last edited 1 year ago) (8 children)
    [deleted]
  • permalink
  • fedilink
  • source
  • parent
  • hideshow 8 child comments
    •
  • [–] 3 points 2 years ago* (5 children)

    Yeah, but that's only a problem if elderly orderlies is an underpaid job that no one wants, and if people can't afford to live on it when choosing such a profession.

    If the economy adjusts or society adjusts such that caring for the elderly is a highly sought out and secure job that can easily pay a mortgage, what's the issue?

    This is what I mean when I say they will crash and their economy will adjust.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 5 child comments
    •
  • [+] 4 points 2 years ago* (last edited 1 year ago) (4 children)
    [deleted]
  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 2 points 2 years ago (3 children)

    Under the current system. All retirement vehicles dependent on the investment market will crash horribly. Anyone with retirement funds in such a crash is doomed. Which will force a reset and a switch to a new financial system (see: Turkey's various resets over the last 50 years, or Greece in the last 10). Money will be lost. The system will reset, re-valuate the demand for such services, and people will be paid in a new currency to plug the supply.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [+] 3 points 2 years ago* (last edited 1 year ago) (2 children)
    [deleted]
  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •