[not-elite]

> This is one of the many ways endless years of emergency low interest rates are destroying the economy and the livelihood of many people.

Japan has held rates near the zero lower bound since the late 1990s. If rates were the only factor, you'd expect to see the same situation there.

[speeder]

You mean the country of the Zaibatsu? Where the economy is stagnant for the past several years? That has several global conglomerates like Sony and Toyota?

[baybal2]

Those zabatsu are by no means stagnant. Strong yen meant cheap investments for them overseas.

Their business empire grew N-fold, they just didn't grow in Japan, but the rest of Asia.

Find a name of any non-Chinese blue chip company from Asia, and there is good chance it has Japanese investors.

[DiggyJohnson]

> Their business empire grew N-fold, they just didn't grow in Japan, but the rest of Asia.

I feel like that’s strengthening the point you’re arguing against. Consider the quotes sentence alongside the realities of American firms outsourcing their manufacturing. Yes the firms are still juiced by American investors, but there are additional concerns beyond the investment capital. It affects individuals jobs, industries, and economies here in America (or in Japan) for large components of the economy to happen elsewhere.

[dmingod666]

The time you refer to in Japan is also known as the 'lost decade'.

[323]

"lost decade", how cute :)

> The term originally referred to the years from 1991 to 2001, but the decade from 2001 to 2011 (Lost 20 Years) and the decade from 2011 to 2021 (Lost 30 Years) have been included by commentators.

https://en.wikipedia.org/wiki/Lost_Decades

[TheJoeMan]

I’m not sure which country you’re from, but Japan lost their dominant position in US tech consumer goods around late 1990’s