captain_spalding said:

party_pants said:

Peak Warming Man said:

Takaichi will try and emulate these two great women and lead Japan to a sunlit upland of prosperity and cherry blossoms for all.

She will no doubt try, but will fail. Just all of her predecessors over the last 20 years.

That’s because Japan settled into a ‘that’s-how-it’s-going-to-be-from-now-on’ model back around 1965, and that’s how it’s been, and how it will be.

from about the mid-90s, after their real estate boom and crash. In 1965 they were still doing well, and until about the 1980s people were talking about Japan overtaking the US as the world’s largest economy by the turn of the century. It never happened of course, and Japan has massive structural problems they can’t fix.