The David McWilliams Podcast

Japan: Lost in Translation Part Two


Listen Later

We all love a boom story, until it turns into a 40‑year hangover. In 1995, Japan’s nominal GDP hit its high‑water mark. It took until the 2020s to get back there. Debt has exploded to 250% of GDP. The population is shrinking so fast that by 2070, one in three Japanese will have vanished, down from 128 million in 2010 to just 87 million. What went wrong? A bursting property bubble, a banking system in denial, and a culture where shame trumps change. For four decades, Japan has been the economic equivalent of a superstar striker refusing to retire; still wearing the jersey, but stuck on the bench. 

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The David McWilliams PodcastBy David McWilliams & John Davis

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

214 ratings


More shows like The David McWilliams Podcast

View all
The Last Word with Matt Cooper by Today FM

The Last Word with Matt Cooper

67 Listeners

The Second Captains Podcast by Second Captains

The Second Captains Podcast

174 Listeners

The Pat Kenny Show by Newstalk

The Pat Kenny Show

55 Listeners

Inside Politics with Hugh Linehan by The Irish Times

Inside Politics with Hugh Linehan

145 Listeners

Irish Times Inside Business by The Irish Times

Irish Times Inside Business

17 Listeners

Brendan O'Connor by RTÉ Radio 1

Brendan O'Connor

77 Listeners

Crime World by Sunday World

Crime World

226 Listeners

The Other Hand by Jim Power & Chris Johns

The Other Hand

39 Listeners

The Mario Rosenstock Podcast by Mario Rosenstock

The Mario Rosenstock Podcast

31 Listeners

In The News by The Irish Times

In The News

58 Listeners

The Indo Daily by Irish Independent

The Indo Daily

119 Listeners

Free State with Joe Brolly and Dion Fanning by Gold Hat Productions

Free State with Joe Brolly and Dion Fanning

77 Listeners

Path to Power by Matt Cooper & Ivan Yates

Path to Power

32 Listeners

Ask About Wealth by Ask About Wealth

Ask About Wealth

0 Listeners

Indo Sport by Irish Independent

Indo Sport

50 Listeners