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  3. Correct me if I’m wrong, but Japan has had near-#zerogrowth for almost 25 years now, and it seems the world hasn’t come to a halt and society hasn’t collapsed.

Correct me if I’m wrong, but Japan has had near-#zerogrowth for almost 25 years now, and it seems the world hasn’t come to a halt and society hasn’t collapsed.

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  • merovius@chaos.socialM merovius@chaos.social

    @AwetTesfaiesus Aber halt auch
    https://en.wikipedia.org/wiki/National_debt_of_Japan#/media/File:Japan_govt_debt_percent_gdp_1980_2025.png
    Ohne Wachstum können Staatsschulden nicht zurückgezahlt werden und während die *absoluten* Schulden ~egal sind, sind die relativen halt schon wichtig (weil der Anteil des Haushaltes, der an Zinszahlung geht entsprechend wächst).

    Insgesamt ist das glaub ich gerade nicht super gut bestellt um die japanische Wirtschaft, oder?

    Also, man kann vielleicht ein System bauen ohne Wachstum, aber Japan gerade ist glaub ich kein gutes Beispiel.

    merovius@chaos.socialM This user is from outside of this forum
    merovius@chaos.socialM This user is from outside of this forum
    merovius@chaos.social
    wrote last edited by
    #5

    @AwetTesfaiesus (sorry, das soll kein 'splaining sein, ich wollte nur Argumente vorhersehen)

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    • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

      @saper You think it is? (really hope you didn't know this number by heart)

      saper@mastodon.socialS This user is from outside of this forum
      saper@mastodon.socialS This user is from outside of this forum
      saper@mastodon.social
      wrote last edited by
      #6

      @AwetTesfaiesus I think it is, we would need to look more closely at the tax base and inflation there.

      Guessing here: Society needs to spend more, but the tax money isn't growing, so we have to finance the rest with the debt.

      As some economists would say, the citizens no longer pay for the govt directly. The rich investors borrow the money and take interest.

      Maybe at some point the taxes will be spent only to pay off the investors... We'll see

      awettesfaiesus@mastodon.socialA 1 Reply Last reply
      0
      • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

        Correct me if I’m wrong, but Japan has had near-#zerogrowth for almost 25 years now, and it seems the world hasn’t come to a halt and society hasn’t collapsed.

        awettesfaiesus@mastodon.socialA This user is from outside of this forum
        awettesfaiesus@mastodon.socialA This user is from outside of this forum
        awettesfaiesus@mastodon.social
        wrote last edited by
        #7

        90% of debt is to its own citizens, I read.

        awettesfaiesus@mastodon.socialA 1 Reply Last reply
        0
        • saper@mastodon.socialS saper@mastodon.social

          @AwetTesfaiesus I think it is, we would need to look more closely at the tax base and inflation there.

          Guessing here: Society needs to spend more, but the tax money isn't growing, so we have to finance the rest with the debt.

          As some economists would say, the citizens no longer pay for the govt directly. The rich investors borrow the money and take interest.

          Maybe at some point the taxes will be spent only to pay off the investors... We'll see

          awettesfaiesus@mastodon.socialA This user is from outside of this forum
          awettesfaiesus@mastodon.socialA This user is from outside of this forum
          awettesfaiesus@mastodon.social
          wrote last edited by
          #8

          @saper https://mastodon.social/@AwetTesfaiesus/116359807192128298

          1 Reply Last reply
          0
          • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

            90% of debt is to its own citizens, I read.

            awettesfaiesus@mastodon.socialA This user is from outside of this forum
            awettesfaiesus@mastodon.socialA This user is from outside of this forum
            awettesfaiesus@mastodon.social
            wrote last edited by
            #9

            basically a tax credit scheme, then

            saper@mastodon.socialS 1 Reply Last reply
            0
            • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

              basically a tax credit scheme, then

              saper@mastodon.socialS This user is from outside of this forum
              saper@mastodon.socialS This user is from outside of this forum
              saper@mastodon.social
              wrote last edited by
              #10

              @AwetTesfaiesus

              35% of the tax revenue go to pay off the debt

              https://www.mof.go.jp/english/policy/budget/budget/fy2025/01.pdf

              The largest lender is Bank of Japan which is not exactly citizens.

              https://en.wikipedia.org/wiki/National_debt_of_Japan seems to have nice history of this.

              Pretty weird setup, I agree... Japan is known to have the largest public debt by far among the rich countries.

              awettesfaiesus@mastodon.socialA 1 Reply Last reply
              0
              • saper@mastodon.socialS saper@mastodon.social

                @AwetTesfaiesus

                35% of the tax revenue go to pay off the debt

                https://www.mof.go.jp/english/policy/budget/budget/fy2025/01.pdf

                The largest lender is Bank of Japan which is not exactly citizens.

                https://en.wikipedia.org/wiki/National_debt_of_Japan seems to have nice history of this.

                Pretty weird setup, I agree... Japan is known to have the largest public debt by far among the rich countries.

                awettesfaiesus@mastodon.socialA This user is from outside of this forum
                awettesfaiesus@mastodon.socialA This user is from outside of this forum
                awettesfaiesus@mastodon.social
                wrote last edited by
                #11

                @saper not in absolute numbers

                1 Reply Last reply
                0
                • saper@mastodon.socialS saper@mastodon.social

                  @AwetTesfaiesus not sure if this could be related: their public debt is 234.9% of their GDP.

                  Source: https://www.imf.org/external/datamapper/GGXWDG_NGDP@WEO/JPN?year=2025

                  Link Preview Image
                  M This user is from outside of this forum
                  M This user is from outside of this forum
                  mendress@chaos.social
                  wrote last edited by
                  #12

                  @saper Is there a magical number where it all breaks down? Germany is extremely cautious with gov. spending and the debt is 60% of GDP. The number itself does not invalidate the point @AwetTesfaiesus is making.

                  IMHO: We are living below our standards because the german government is afraid of a big numbers on the budget plan.

                  awettesfaiesus@mastodon.socialA saper@mastodon.socialS 2 Replies Last reply
                  0
                  • merovius@chaos.socialM merovius@chaos.social

                    @AwetTesfaiesus Aber halt auch
                    https://en.wikipedia.org/wiki/National_debt_of_Japan#/media/File:Japan_govt_debt_percent_gdp_1980_2025.png
                    Ohne Wachstum können Staatsschulden nicht zurückgezahlt werden und während die *absoluten* Schulden ~egal sind, sind die relativen halt schon wichtig (weil der Anteil des Haushaltes, der an Zinszahlung geht entsprechend wächst).

                    Insgesamt ist das glaub ich gerade nicht super gut bestellt um die japanische Wirtschaft, oder?

                    Also, man kann vielleicht ein System bauen ohne Wachstum, aber Japan gerade ist glaub ich kein gutes Beispiel.

                    oneiros@ruhr.socialO This user is from outside of this forum
                    oneiros@ruhr.socialO This user is from outside of this forum
                    oneiros@ruhr.social
                    wrote last edited by
                    #13

                    @Merovius
                    Wachstum in einer alternden und schrumpfenden Gesellschaft ist halt schwierig.
                    @AwetTesfaiesus

                    awettesfaiesus@mastodon.socialA 1 Reply Last reply
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                    • oneiros@ruhr.socialO oneiros@ruhr.social

                      @Merovius
                      Wachstum in einer alternden und schrumpfenden Gesellschaft ist halt schwierig.
                      @AwetTesfaiesus

                      awettesfaiesus@mastodon.socialA This user is from outside of this forum
                      awettesfaiesus@mastodon.socialA This user is from outside of this forum
                      awettesfaiesus@mastodon.social
                      wrote last edited by
                      #14

                      @oneiros @Merovius *unnötig?

                      oneiros@ruhr.socialO 1 Reply Last reply
                      0
                      • M mendress@chaos.social

                        @saper Is there a magical number where it all breaks down? Germany is extremely cautious with gov. spending and the debt is 60% of GDP. The number itself does not invalidate the point @AwetTesfaiesus is making.

                        IMHO: We are living below our standards because the german government is afraid of a big numbers on the budget plan.

                        awettesfaiesus@mastodon.socialA This user is from outside of this forum
                        awettesfaiesus@mastodon.socialA This user is from outside of this forum
                        awettesfaiesus@mastodon.social
                        wrote last edited by
                        #15

                        @mendress @saper remember: GDP doesn't mean you get richer. It means money gets spend faster than last year.

                        1 Reply Last reply
                        0
                        • M mendress@chaos.social

                          @saper Is there a magical number where it all breaks down? Germany is extremely cautious with gov. spending and the debt is 60% of GDP. The number itself does not invalidate the point @AwetTesfaiesus is making.

                          IMHO: We are living below our standards because the german government is afraid of a big numbers on the budget plan.

                          saper@mastodon.socialS This user is from outside of this forum
                          saper@mastodon.socialS This user is from outside of this forum
                          saper@mastodon.social
                          wrote last edited by
                          #16

                          @mendress

                          I find the question pointed by @AwetTesfaiesus very interesting to analyze, with no "easy" answers.

                          What worries me personally: who is going to be a decision maker in such a country - the taxpayers or the investors 😞

                          awettesfaiesus@mastodon.socialA 1 Reply Last reply
                          0
                          • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

                            @oneiros @Merovius *unnötig?

                            oneiros@ruhr.socialO This user is from outside of this forum
                            oneiros@ruhr.socialO This user is from outside of this forum
                            oneiros@ruhr.social
                            wrote last edited by
                            #17

                            @AwetTesfaiesus
                            Kapitalismus braucht Wachstum. Frag mal Ulrike Herrmann.
                            Und wenn Du jetzt sagst: Dann brauchen wir was Anderes! Gern. Wie kommen wir da hin? Das weiß leider niemand.
                            @Merovius

                            alikatze@social.tchncs.deA awettesfaiesus@mastodon.socialA 2 Replies Last reply
                            0
                            • oneiros@ruhr.socialO oneiros@ruhr.social

                              @AwetTesfaiesus
                              Kapitalismus braucht Wachstum. Frag mal Ulrike Herrmann.
                              Und wenn Du jetzt sagst: Dann brauchen wir was Anderes! Gern. Wie kommen wir da hin? Das weiß leider niemand.
                              @Merovius

                              alikatze@social.tchncs.deA This user is from outside of this forum
                              alikatze@social.tchncs.deA This user is from outside of this forum
                              alikatze@social.tchncs.de
                              wrote last edited by
                              #18

                              @oneiros @AwetTesfaiesus @Merovius
                              Aber es wird höchste Zeit, das mal ernsthaft und sachlich drüber zu diskutieren und vor allem auszuprobieren.

                              Es ist ja ganz richtig: Wir leben schon so lange im "klassischen" Kapitalismus, dass wir kaum eine Vorstellung von Alternativen haben und noch weniger den Mut, sie auszuprobieren.

                              Mir ist auch bewusst, dass dieser Mut einer ganzen Gesellschaft inne wohnen muss - nicht bloß "den Entscheidern" - damit wir besonnen damit umgehen.

                              awettesfaiesus@mastodon.socialA oneiros@ruhr.socialO 2 Replies Last reply
                              0
                              • oneiros@ruhr.socialO oneiros@ruhr.social

                                @AwetTesfaiesus
                                Kapitalismus braucht Wachstum. Frag mal Ulrike Herrmann.
                                Und wenn Du jetzt sagst: Dann brauchen wir was Anderes! Gern. Wie kommen wir da hin? Das weiß leider niemand.
                                @Merovius

                                awettesfaiesus@mastodon.socialA This user is from outside of this forum
                                awettesfaiesus@mastodon.socialA This user is from outside of this forum
                                awettesfaiesus@mastodon.social
                                wrote last edited by
                                #19

                                @oneiros @Merovius

                                Das sage ich nicht.

                                Ich sage: Japan wächst seit ~25 nicht mehr.

                                eckes@zusammenkunft.netE 1 Reply Last reply
                                0
                                • alikatze@social.tchncs.deA alikatze@social.tchncs.de

                                  @oneiros @AwetTesfaiesus @Merovius
                                  Aber es wird höchste Zeit, das mal ernsthaft und sachlich drüber zu diskutieren und vor allem auszuprobieren.

                                  Es ist ja ganz richtig: Wir leben schon so lange im "klassischen" Kapitalismus, dass wir kaum eine Vorstellung von Alternativen haben und noch weniger den Mut, sie auszuprobieren.

                                  Mir ist auch bewusst, dass dieser Mut einer ganzen Gesellschaft inne wohnen muss - nicht bloß "den Entscheidern" - damit wir besonnen damit umgehen.

                                  awettesfaiesus@mastodon.socialA This user is from outside of this forum
                                  awettesfaiesus@mastodon.socialA This user is from outside of this forum
                                  awettesfaiesus@mastodon.social
                                  wrote last edited by
                                  #20

                                  @alikatze @oneiros @Merovius

                                  Schau, ich bin da entspannt: ~2080 hat die Welt, was Japan schon seit 2010 hat.

                                  Die Frage ist doch nur: wie gestalten?

                                  Link Preview Image
                                  Population

                                  Future projections are based on the UN's medium-fertility scenario.

                                  favicon

                                  Our World in Data (ourworldindata.org)

                                  saupreiss@pfalz.socialS 1 Reply Last reply
                                  0
                                  • saper@mastodon.socialS saper@mastodon.social

                                    @mendress

                                    I find the question pointed by @AwetTesfaiesus very interesting to analyze, with no "easy" answers.

                                    What worries me personally: who is going to be a decision maker in such a country - the taxpayers or the investors 😞

                                    awettesfaiesus@mastodon.socialA This user is from outside of this forum
                                    awettesfaiesus@mastodon.socialA This user is from outside of this forum
                                    awettesfaiesus@mastodon.social
                                    wrote last edited by
                                    #21

                                    @saper @mendress

                                    The question is on the table for many years, isn't it?

                                    When countries don't own their assets anymore, who is in charge (really)?

                                    Link Preview Image
                                    1 Reply Last reply
                                    0
                                    • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

                                      Correct me if I’m wrong, but Japan has had near-#zerogrowth for almost 25 years now, and it seems the world hasn’t come to a halt and society hasn’t collapsed.

                                      globalc@chaos.socialG This user is from outside of this forum
                                      globalc@chaos.socialG This user is from outside of this forum
                                      globalc@chaos.social
                                      wrote last edited by
                                      #22

                                      @AwetTesfaiesus "and society hasn’t collapsed" - not sure to which part this applies, but at least here in media we get to hear that's partly "because of so much investments from other countries" due to the weak Yen.
                                      Weak Yen is leading to many tourists (to a degree word "overtourism" gets used here), that's also an uptick for economy.

                                      I compared Japan and Germany by the factors important to me at https://blog.fluxcoil.net/posts/2025/02/living-abroad-in-japan/ .

                                      diekenbrock@digitalcourage.socialD 1 Reply Last reply
                                      0
                                      • awettesfaiesus@mastodon.socialA awettesfaiesus@mastodon.social

                                        @alikatze @oneiros @Merovius

                                        Schau, ich bin da entspannt: ~2080 hat die Welt, was Japan schon seit 2010 hat.

                                        Die Frage ist doch nur: wie gestalten?

                                        Link Preview Image
                                        Population

                                        Future projections are based on the UN's medium-fertility scenario.

                                        favicon

                                        Our World in Data (ourworldindata.org)

                                        saupreiss@pfalz.socialS This user is from outside of this forum
                                        saupreiss@pfalz.socialS This user is from outside of this forum
                                        saupreiss@pfalz.social
                                        wrote last edited by
                                        #23

                                        @AwetTesfaiesus

                                        Kann man das eigentlich human gestalten?
                                        Ich denke, nicht wirklich.

                                        @alikatze @oneiros @Merovius

                                        alikatze@social.tchncs.deA heptasean@social.tchncs.deH awettesfaiesus@mastodon.socialA 3 Replies Last reply
                                        0
                                        • alikatze@social.tchncs.deA alikatze@social.tchncs.de

                                          @oneiros @AwetTesfaiesus @Merovius
                                          Aber es wird höchste Zeit, das mal ernsthaft und sachlich drüber zu diskutieren und vor allem auszuprobieren.

                                          Es ist ja ganz richtig: Wir leben schon so lange im "klassischen" Kapitalismus, dass wir kaum eine Vorstellung von Alternativen haben und noch weniger den Mut, sie auszuprobieren.

                                          Mir ist auch bewusst, dass dieser Mut einer ganzen Gesellschaft inne wohnen muss - nicht bloß "den Entscheidern" - damit wir besonnen damit umgehen.

                                          oneiros@ruhr.socialO This user is from outside of this forum
                                          oneiros@ruhr.socialO This user is from outside of this forum
                                          oneiros@ruhr.social
                                          wrote last edited by
                                          #24

                                          @alikatze
                                          Ideen für Alternativen gibt es viele.
                                          https://www.bpb.de/shop/zeitschriften/apuz/211053/kapitalismus-und-alternativen/
                                          Aber die Transformation ist leider völlig unklar.
                                          @AwetTesfaiesus @Merovius

                                          awettesfaiesus@mastodon.socialA merovius@chaos.socialM 2 Replies Last reply
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