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Old 05-21-2012, 04:31 AM
 
Location: The western periphery of Terra Australis
24,683 posts, read 45,403,340 times
Reputation: 11862

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Quote:
Originally Posted by callmemaybe View Post
Maybe economic growth isn't the end all be all of success?
This. The article doesn't really talk about things that directly pertain to the economy. I honestly think the quality of life in Thailand is better than America in some ways.
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Old 05-21-2012, 05:24 AM
 
190 posts, read 528,422 times
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0% or 4% unemployment is a bit misleading. It's still common for women to drop out of the work force for years once they have children, where as in the US many keep working. Overall though, I found places well staffed and never heard of anyone complain about applying for hundreds of jobs and having no luck getting any, as I hear quite often in the US. I think the corporations have made some serious errors over there. Their electronics companies were dominant until recently. The government however has made sure that fewer people are suffering as a result of that (pushing companies to higher more workers and not axing a ton of government jobs, unlike the US) and whatever else is causing their economic decline.
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Old 05-21-2012, 05:47 AM
 
Location: The western periphery of Terra Australis
24,683 posts, read 45,403,340 times
Reputation: 11862
Do women lag behind in representation in the workforce compared to other developed nations?
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Old 05-21-2012, 12:08 PM
 
Location: American Expat
2,189 posts, read 4,717,030 times
Reputation: 1876
Quote:
Originally Posted by yowps3 View Post
But Japan's debt is happily financed by its own people & corporations.. Unlike USA & Europe which actually rely in Japan & China to purchase their debts..

Japan could reach 1000% debt to GDP which won't matter because it's all held internally.
Who cares? Debt is debt. If you didn't know..debt = no money.

And no, it's not..

List of countries by external debt - Wikipedia, the free encyclopedia


There's no 0% unemployment rate. Usually, they say 4%-5% is full employment. There are always people out of work...looking for new job, moving, got enough money and don't have to work, taking time off etc.. I also do not think there's a country that considers maternity leave as unemployment.

Quote:
Originally Posted by Trimac20 View Post
I honestly think the quality of life in Thailand is better than America in some ways.
LOL......................... ok

I was in Hamburg and stayed at a Hostel with 3 other guys from Thailand this weekend. They were living and working in Germany, they said ( near Frankfurt ). They said they didn't have those kind of opportunities in Thailand and were glad they were out of there. And they were only in their early 20s maybe. Sure, it's not as ****ty as Africa, but there's a reason it's called developing country.

Last edited by Glucorious; 05-21-2012 at 12:27 PM..
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Old 05-21-2012, 12:21 PM
 
355 posts, read 1,039,408 times
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Quote:
Originally Posted by imokay View Post
But Japan exports technology, not olive oil and ouzo.
Big economic powers export mostly commodities (Leontieff's Paradox).
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Old 05-21-2012, 05:23 PM
 
Location: SoCal
1,523 posts, read 3,321,918 times
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Quote:
Originally Posted by Glucorious View Post
Who cares? Debt is debt. If you didn't know..debt = no money.

And no, it's not..

List of countries by external debt - Wikipedia, the free encyclopedia
So what are you trying to imply?

If USA wants to erase all of its external debt then the only way to go is to start war with Japan... And when Japan goes USA economy will improve as Japan is USA's largest competitor overall
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Old 05-21-2012, 05:58 PM
 
Location: The western periphery of Terra Australis
24,683 posts, read 45,403,340 times
Reputation: 11862
Quote:
Originally Posted by Glucorious View Post
Who cares? Debt is debt. If you didn't know..debt = no money.

And no, it's not..

List of countries by external debt - Wikipedia, the free encyclopedia


There's no 0% unemployment rate. Usually, they say 4%-5% is full employment. There are always people out of work...looking for new job, moving, got enough money and don't have to work, taking time off etc.. I also do not think there's a country that considers maternity leave as unemployment.



LOL......................... ok

I was in Hamburg and stayed at a Hostel with 3 other guys from Thailand this weekend. They were living and working in Germany, they said ( near Frankfurt ). They said they didn't have those kind of opportunities in Thailand and were glad they were out of there. And they were only in their early 20s maybe. Sure, it's not as ****ty as Africa, but there's a reason it's called developing country.
Germany is not the US. Many Thais in Bangkok drive cars, use the internet, cellphones, have decent health cover, white collar jobs, have a better social life than Americans. I know there's more poverty in rural areas and the urban slums though.
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Old 05-22-2012, 05:09 AM
 
985 posts, read 3,263,110 times
Reputation: 413
Quote:
Originally Posted by Glucorious View Post
LOL......................... ok

I was in Hamburg and stayed at a Hostel with 3 other guys from Thailand this weekend. They were living and working in Germany, they said ( near Frankfurt ). They said they didn't have those kind of opportunities in Thailand and were glad they were out of there. And they were only in their early 20s maybe. Sure, it's not as ****ty as Africa, but there's a reason it's called developing country.
Quote:
Originally Posted by Trimac20 View Post
Germany is not the US. Many Thais in Bangkok drive cars, use the internet, cellphones, have decent health cover, white collar jobs, have a better social life than Americans. I know there's more poverty in rural areas and the urban slums though.
Just as what oberon_1 and callmemaybe mentioned, it is all about definition.
I've lived in SE Asia and Europe, and I honestly can't say that one is better than the other. Each country (and regions within the country) offers different qualities.
I thought it was a cliché, but I have to agree with those who say that economic stats and absolute numbers do not always reflect the real quality of life.
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Old 05-22-2012, 05:41 AM
 
Location: Mount of Showing the Way
1,953 posts, read 2,070,935 times
Reputation: 615


Era of economic priority in Japan was over.
Pollution does not stop.
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Old 05-22-2012, 07:32 AM
 
Location: American Expat
2,189 posts, read 4,717,030 times
Reputation: 1876
Quote:
Originally Posted by yowps3 View Post
So what are you trying to imply?

If USA wants to erase all of its external debt then the only way to go is to start war with Japan... And when Japan goes USA economy will improve as Japan is USA's largest competitor overall
Fitch Ratings downgrades Japan - May. 22, 2012
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