Comments on: Until This Debt is Reduced, Americans Will Be Reluctant to Borrow or Spend http://www.dailyreckoning.com.au/until-this-debt-is-reduced-americans-will-be-reluctant-to-borrow-or-spend/2009/02/09/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: dimi http://www.dailyreckoning.com.au/until-this-debt-is-reduced-americans-will-be-reluctant-to-borrow-or-spend/2009/02/09/comment-page-1/#comment-65096 dimi Mon, 09 Feb 2009 04:33:50 +0000 http://www.dailyreckoning.com.au/?p=5036#comment-65096 Talking about Japan, Can you see any resemblance to what is happening now in the US to what happened to Japan? Check this article from 2002. www.forbes.com/2002/10/07/1004banks.html Cheers Talking about Japan, Can you see any resemblance to what is happening now in the US to what happened to Japan? Check this article from 2002. http://www.forbes.com/2002/10/07/1004banks.html

Cheers

]]> By: Greg Atkinson http://www.dailyreckoning.com.au/until-this-debt-is-reduced-americans-will-be-reluctant-to-borrow-or-spend/2009/02/09/comment-page-1/#comment-65094 Greg Atkinson Mon, 09 Feb 2009 04:10:20 +0000 http://www.dailyreckoning.com.au/?p=5036#comment-65094 Robert, in Japan the retirees are a major spending force and are cashed up, people in Japan tend to be savers but when they retire they have the time for more leisure activities and these savings are then released. There are also lot of myths in the western media about the declining population in Japan and one is that the population is actually rapidly declining whereas in recent years this trend has slowed. (I think last year there was actually a small increase due to immigration) If you are interested I have written a few things about the Japanese economy etc "under the Japan heading" on the shareswatch.com.au blog. (since I am based in Japan) By the way much of the reporting on the Japanese economy by western news agencies is pretty lame and they simply keep referring back to bubble economy material. (i.e. bridges to nowhere etc) Robert, in Japan the retirees are a major spending force and are cashed up, people in Japan tend to be savers but when they retire they have the time for more leisure activities and these savings are then released. There are also lot of myths in the western media about the declining population in Japan and one is that the population is actually rapidly declining whereas in recent years this trend has slowed. (I think last year there was actually a small increase due to immigration) If you are interested I have written a few things about the Japanese economy etc "under the Japan heading" on the shareswatch.com.au blog. (since I am based in Japan) By the way much of the reporting on the Japanese economy by western news agencies is pretty lame and they simply keep referring back to bubble economy material. (i.e. bridges to nowhere etc)

]]> By: Robert http://www.dailyreckoning.com.au/until-this-debt-is-reduced-americans-will-be-reluctant-to-borrow-or-spend/2009/02/09/comment-page-1/#comment-65085 Robert Mon, 09 Feb 2009 03:18:14 +0000 http://www.dailyreckoning.com.au/?p=5036#comment-65085 What is interesting in Japan is the double effect of an ageing population and the offshoring of jobs in manufacturing, the offshoring is common but the aging is due to the reluctance to reproduce or accept immigrants. Both USA and Australia have immigration that has supported demand,I would be interested to see a correlation between aging/ retired populations and property values/GDP. The elderly dont buy much , travel or build new houses. If the current Japanese trends continue their population will be 30 Million by 2100, down from 110 million today. What will that mean for housing and commercial property in Japan??. What is interesting in Japan is the double effect of an ageing population and the offshoring of jobs in manufacturing, the offshoring is common but the aging is due to the reluctance to reproduce or accept immigrants.
Both USA and Australia have immigration that has supported demand,I would be interested to see a correlation between aging/ retired populations and property values/GDP. The elderly dont buy much , travel or build new houses.
If the current Japanese trends continue their population will be 30 Million by 2100, down from 110 million today.
What will that mean for housing and commercial property in Japan??.

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