Japan
Executive Summary
- The data that proves Japan is a ticking time bomb
- Why the yen may still fall a lot further from here
- How Japan's contagion can threaten world markets (and yes, the US)
- Why the contagion is now underway, and what you should do about it
If you have not yet read Central Planners Are In A State of Panic available free to all readers, please click here to read it first.
Japan, By The Numbers
I completely understand why the Japanese authorities are freaking out and taking enormous risks. It's because they have no good choices left. More fundamentally (and worse) they are in charge of a system that is destined to fail.
Exponential money systems have to eventually fail because all paper money is just a marker for real wealth, it is not real wealth itself, and therefore ever-increasing exponential paper claims being stacked up against a world of real wealth that is growing much less quickly (and someday reversing entirely) is a mathematical formula for a monetary accident.
But it's quite bizarre that Japan, of all places, cannot see through to this math predicament given their very publicly and often discussed demographic decline.
Having peaked at 128 million in 2005, Japan now has 127 million inhabitants and is on its way to 90 million by 2050, and 45 million by ~2100.
(Source)
This means that..
What Will Happen When Japan Breaks
PREVIEW by Chris MartensonExecutive Summary
- The data that proves Japan is a ticking time bomb
- Why the yen may still fall a lot further from here
- How Japan's contagion can threaten world markets (and yes, the US)
- Why the contagion is now underway, and what you should do about it
If you have not yet read Central Planners Are In A State of Panic available free to all readers, please click here to read it first.
Japan, By The Numbers
I completely understand why the Japanese authorities are freaking out and taking enormous risks. It's because they have no good choices left. More fundamentally (and worse) they are in charge of a system that is destined to fail.
Exponential money systems have to eventually fail because all paper money is just a marker for real wealth, it is not real wealth itself, and therefore ever-increasing exponential paper claims being stacked up against a world of real wealth that is growing much less quickly (and someday reversing entirely) is a mathematical formula for a monetary accident.
But it's quite bizarre that Japan, of all places, cannot see through to this math predicament given their very publicly and often discussed demographic decline.
Having peaked at 128 million in 2005, Japan now has 127 million inhabitants and is on its way to 90 million by 2050, and 45 million by ~2100.
(Source)
This means that..
Executive Summary
- The "half farmer, half X" model
- The "no middleman" model
- The "15% commission" model
- The key features of successful new community models
If you have not yet read The Rise of New Models of Community, available free to all readers, please click here to read it first.
In Part 1, we discussed the potential for new models of collaboration and community enabled by the Web and social media. I proposed a simple metric for differentiating between simulacrum community and the real deal: a community is only a “real community” if the collective actions of its members push the envelope of the material world.
In Part 2, we’ll examine some models that have arisen as people either abandon or are cut out of the Central State/Corporate Consumerism Status Quo and must create new social and economic arrangements to earn a livelihood. This requires structures that enable self-organizing, voluntary communities to endure and grow.
As Zeus noted in Part 1, The new price of entry is production, meaning that parasitic layers of middlemen have no role in these new arrangements. To participate, one must be productive. i.e. create or add value.
As I mentioned earlier, social media doesn’t change a system’s incentives/benefits and costs/disincentives; the Web is a powerful tool for community building, once the incentives for participating far outweigh the costs.
Let’s start our survey with an example from…
Promising Emerging Community Models
PREVIEW by charleshughsmithExecutive Summary
- The "half farmer, half X" model
- The "no middleman" model
- The "15% commission" model
- The key features of successful new community models
If you have not yet read The Rise of New Models of Community, available free to all readers, please click here to read it first.
In Part 1, we discussed the potential for new models of collaboration and community enabled by the Web and social media. I proposed a simple metric for differentiating between simulacrum community and the real deal: a community is only a “real community” if the collective actions of its members push the envelope of the material world.
In Part 2, we’ll examine some models that have arisen as people either abandon or are cut out of the Central State/Corporate Consumerism Status Quo and must create new social and economic arrangements to earn a livelihood. This requires structures that enable self-organizing, voluntary communities to endure and grow.
As Zeus noted in Part 1, The new price of entry is production, meaning that parasitic layers of middlemen have no role in these new arrangements. To participate, one must be productive. i.e. create or add value.
As I mentioned earlier, social media doesn’t change a system’s incentives/benefits and costs/disincentives; the Web is a powerful tool for community building, once the incentives for participating far outweigh the costs.
Let’s start our survey with an example from…
Community
Harvest Right
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