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42 sats \ 11 replies \ @BlokchainB 27 Apr \ on: Will the yen's crash now be followed by a chain reaction? econ
Went to Japan and I loved it but its miracle is coming to an end. While yes they are dealing with yen breaking now that had decades of this fake prosperity with little to no consequences.
Maybe Japan needs to come back to reality. Pay it’s debts and stop living off the printer while USA subsidizes its lifestyle
Woah, hit the brakes.
If you really think the usa is subsidizing its lifestyle, think of what Japan can do to the usa if it cuts them off?
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Japan is an island they would starve without food imports. Read your history about WWII the reason why Japan was so ruthless in Korea and China was because they needed resources.
And of course USA does Japan doesn’t spend trillions on defense. If USA was to leave all their bases today Japan would be of risk of take over just like Taiwan
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Japan has no oil and they need oil. No oil no self sufficiency. It really is that easy.
Yeah but Japan benefits tremendously from USA presence. If they had to defend their own territory it would be a huge economic drain on their limited resources
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No oil
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But this defeats the point of an island being self sufficient