Hacker News new | ask | show | jobs
by niemandhier 849 days ago
The crisis in Europe, the unpredictability of American politics, and the mounting tensions with China make Japan a attractive alternative for investing right now.

Japan has been in an economic stasis for decades, some believe this to be triggered by the 1985 Plaza Accords which devalued the Dollar against the Mark and the Yen.

Germany recovered from that shock by absorbing East Germany and pushing EU integration. Japan did not have this options, but the new multipolar world order might give them an opportunity.

This will probably be to the detriment of Germany and the US, which both probably would like to increase the value of the yen.

But given that the American are not perceived as a reliable partner right now, I do not see something like the Plaza Cords coming again any time soon.

Plaza Accords: https://en.wikipedia.org/wiki/Plaza_Accord

Impact on Yen and Mark: https://www.macrotrends.net/2550/dollar-yen-exchange-rate-hi... https://de.statista.com/statistik/daten/studie/312004/umfrag...

1 comments

Germany is doing just fine, it passed Japan as the bigger economy. Japan is one declining, their demographic shrinkage and a stagnant economy for the past 3 decades.
> Germany is doing just fine

Perhaps do a little research than believe whatever you want to believe?

Just searching for "german economy" would yield the world is saying the opposite.

I did do bit of research. Please tell me what am I missing?

Japan

GDP: $4.230 trillion GDP Per Capita: $33,950 Expected 2024 Growth: 1.0%

Germany

GDP: $4.4 trillion GDP Per Capita: $52,800 Expected 2024 Growth: 0.2%

Did you read the article? Or even just the headline?
A rally in the stock market does not necessarily reflect a strong economy. See e.g. Abenomics
DAX made new all-time highs while Germany's economy is not doing great at all.