Japan Democrats win big

"Japan's opposition swept to a historic victory in elections Sunday, crushing the ruling conservative party that has run the country for most of the postwar era... Hatoyama and his party – an eclectic mix of former Liberal Democrats, socialists and progressives – face a daunting array of challenges, economic and demographic."

Japan Election Results: Opposition Democrats Win Huge Victory

Sounds exactly what happened in 2007 and 2009.

Look to Japan over the next several months to a few years and watch their financial empire go to ruins.

kokonut said:

Sounds exactly what happened in 2007 and 2009.

Look to Japan over the next several months to a few years and watch their financial empire go to ruins.

Click to expand...

What financial empire? It's already has been in ruins since the early '90s, at least according to my contacts in Japan. I doubt anything would get any better, or any worse. The only real way out for them at this point is focusing on technological research.

Japanese politics are not the same as American politics, period. So don't try to foresee the future.

souggy said:

What financial empire? It's already has been in ruins since the early '90s, at least according to my contacts in Japan. I doubt anything would get any better, or any worse. The only real way out for them at this point is focusing on technological research.

Japanese politics are not the same as American politics, period. So don't try to foresee the future.

Click to expand...

I've heard in the news that the Japan has been in a decades long depression so I would imagine people would want change after a while. However, I know little about their politics so I'll not comment any further.

souggy said:

What financial empire? It's already has been in ruins since the early '90s, at least according to my contacts in Japan. I doubt anything would get any better, or any worse. The only real way out for them at this point is focusing on technological research.

Japanese politics are not the same as American politics, period. So don't try to foresee the future.

Click to expand...

Er...you are way behind. "Contacts" you say?
FACTBOX: Japan financial influence grows in crisis | Industry Summits | Reuters

I am making a prediction. You have a problem with that?

kokonut said:

Er...you are way behind. "Contacts" you say?
FACTBOX: Japan financial influence grows in crisis | Industry Summits | Reuters

I am making a prediction. You have a problem with that?

Click to expand...

"

Steep rising cost in apartment rents, expensive food. Nothing's cheap there, and people complain about how expensive it is to live in Japan, how hard it is to find jobs, and how many of them can't really afford to buy anything not like they used to before the '90s recession and how the '00s depression is getting worse by the passing year.

They have been at it for well over two decades now. So I am just saying, nothing will change and it got no reflection on the U.S., especially since everything is outsourced in China now. So, like I said... "what empire?"

Addendum: Notice almost every country listed in that article are having development problems of their own that is comparable to third-world countries? And the first-world countries listed, they are done so Japan can bail itself out.

Kind of ironic since the United States borrowed money from Japan as well as China and to a much lesser extent from several other countries to help the U.S. dig a deeper hole on the deficit. Japan was the biggest lender back in 2007 with some $600 billion dollars loaned to the U.S. and now China is the #1 lender with close to a $trillion dollars with Japan in a close 2nd. Might want to rethink about Japan's reach with their own financial empire.

souggy said:

What financial empire? It's already has been in ruins since the early '90s, at least according to my contacts in Japan. I doubt anything would get any better, or any worse. The only real way out for them at this point is focusing on technological research.

Japanese politics are not the same as American politics, period. So don't try to foresee the future.

Click to expand...

Yup, I'm not buy kokonut's story and all of his projection is FAIL, period.

Got agreed about political is different in Japan.

kokonut said:

Sounds exactly what happened in 2007 and 2009.

Look to Japan over the next several months to a few years and watch their financial empire go to ruins.

Click to expand...

Really? Now, the debt of Japan is 200% of its GDP. How convenient is it for you to blame that on a *FUTURE* socialistic leader. It's already ruined and that's WHY Japan voted for a "socialist."

Just like America did.

Read Karl Marx's theory on why those things happen. It swings back and forth between capitalism and socialism.

kokonut said:

Kind of ironic since the United States borrowed money from Japan as well as China and to a much lesser extent from several other countries to help the U.S. dig a deeper hole on the deficit. Japan was the biggest lender back in 2007 with some $600 billion dollars loaned to the U.S. and now China is the #1 lender with close to a $trillion dollars with Japan in a close 2nd. Might want to rethink about Japan's reach with their own financial empire.

Click to expand...

And that's called capitalism.