JJ
11.6K posts

JJ
@funkineering
Right turn from left only!
Melbourne VIC Katılım Mart 2009
98 Takip Edilen376 Takipçiler

i'm crying dude I checked the quotes for 10 seconds & they were roasting her in English, Indonesian, Spanish, Japanese, AND Italian 😭
Clash Report@clashreport
📸 Japanese Prime Minister Sanae Takaichi during the state dinner at the White House.
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@metrotrains bit embarrassing if new signage blocks your PIDs? Who’s coordinating this stuff


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@chinafutureclub I have to agree. It’s Asia in general. SE Asia is also making big progress. Huge changes in Jakarta in the past 10 years. Population may be a factor. Asia has a huge work force which can make things happen. Aus with its low population is quite limited.
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@DaveShapi White collars have already lost jobs to low cost centres like India and phillipines. Low costs centres will be the first affected by ai rise. Btw ai is terrible for real world engineering questions. Knowledge custodians still have high value
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False. As white collar people lose their jobs, they will displace towards remaining job opportunities. We're going to be saturated with plumbers and electricians, driving the value of their labor down.
The Uber founder is a fucking idiot for saying this.
Polymarket@Polymarket
JUST IN: Uber founder says AI will make human labor far more valuable, predicts plumbers could become “like LeBron” in an automated world.
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Melbourne's CBD is one of just four areas in Australian capital cities where mortgage repayments for a unit are cheaper than rent, according to a new analysis comparing mortgage repayments on median property prices with median rents.
Learn more: bit.ly/4rp1aoB

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3 kids, 2 parents and a spare seat for a friend.
Tesla Australia & New Zealand@TeslaAUNZ
Tesla Adelaide CBD open day today, come swing by to see Model Y L
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@davebeerflog Asking for a friend by why are parties pies offered in one flavour only? Why now shepherds party pie, curry flavour etc ?
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@lukechristensen Are they trying to one up American pie? Take it’s to new levels of depravity. 🤣
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@Diond408 @hamhammer27 Testing would see how the payment responds to smaller demand before testing how it responds to statewide demand, different bank cards, edge cases, etc
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@hamhammer27 Why does it need to be a trial? If it works it works. We've had it in nsw since pre covid
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@hamhammer27 Would be interesting to see how they have tested edge cases. Ie change of mind within 15 minutes, tap on and tap off completely within zone 2.
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Japan's situation screams for disciplined, multi-decade long-game planning rather than the flashy, election-cycle populism that's more at home in American politics.
Takaichi's fresh supermajority (LDP securing ~316 seats alone in the February 8, 2026 snap election, pushing the coalition well over two-thirds) gives her rare room to actually commit to 10-year horizons if she chooses. Instead, the mandate is being cashed in on immediate, visible wins: the massive ¥21 trillion+ stimulus already pushed through, the promised two-year suspension of the 8% consumption tax on food (a ~¥5 trillion annual revenue hit), accelerated defense ramp-up toward 2% of GDP, big subsidies for chips/AI/semiconductors, and cost-of-living relief—all while doubling down on tight immigration controls (stricter foreign land ownership rules, caps on residents, tougher enforcement on taxes/insurance for non-citizens).
This is textbook populist American-style playbook: promise big tax relief and spending hikes to juice short-term approval and growth, rally voters around nationalist themes ("Japan First," cultural preservation, security hawkishness), and defer the hard structural fixes. It energizes the base—especially younger "Sanamania" fans drawn to her personality and energy—but it clashes head-on with Japan's reality:
- Demographic math doesn't bend to mandates. Working-age population shrinks ~500k–700k/year; fertility ~1.2–1.3; elderly dependency ratio keeps climbing.
- Debt math is unforgiving. Gross public debt ~230–240% of GDP; even modest fiscal loosening risks pushing super-long JGB yields higher (they already spiked during the campaign on tax-cut talk), yen volatility, or eventual BOJ/market pressure.
- Growth math requires supply-side expansion. Without major labor inflows (which her platform restricts), productivity would need to surge dramatically—yet much of the spending tilts toward demand support and industrial policy subsidies rather than deep deregulation, education overhaul, or protected-sector liberalization.
Japan has tried versions of this before: repeated stimulus packages since the '90s, Abenomics' "three arrows" (which delivered some inflation but modest real growth and no primary surplus), endless can-kicking on entitlements. Each round buys time but compounds the problem—higher debt stock, narrower window for fixes, more reliance on low rates that may not last forever.
What Japan actually needs (and has needed for decades) is boring, incremental, 10–20-year consistency:
- Phased, selective labor-market opening — targeted skilled visas, caregiver programs, stronger integration/language requirements to address backlash fears without cultural dilution panic.
- Entitlement calibration — gradual pension/medical tweaks tied to rising life expectancy, higher retirement age, better incentives for older/female participation.
- Productivity-first investments — deregulation in agriculture/healthcare/retail, serious R&D tax credits, education reform emphasizing STEM/innovation over rote learning.
- Fiscal anchors — commit to a realistic debt-stabilization path (e.g., primary balance targets stretched over a decade), use nominal growth to erode debt ratio slowly.
- Avoid boom-bust cycles — resist the temptation to front-load big giveaways for political points.
Takaichi could pivot here—with her mandate, she has leverage to sell painful reforms as "responsible proactive policy" (her own phrase) and frame them as strengthening Japan against external threats (China, aging itself). But the incentives right now pull the other way: deliver the tax cuts and subsidies voters rewarded, ride the approval wave, let future administrations (or crises) handle the blowback.
Sticking to American-style short-termism in a country whose biggest threats are slow-motion (demographics, debt accumulation) is exactly what Japan doesn't need. It risks turning a manageable (if tough) long transition into a sharper, more disruptive crunch down the line.
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@J_S_MacIntyre @latikambourke Agreed it’s a bit counterintuitive. With ageing population and high debt ratio she’ll need to import population to pay for these spending increases. Precisely what she campaigned against
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@latikambourke A program of tax cuts and increased government spending will result in a debt spiral. Could be a short honeymoon.
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🇯🇵 Incredible result in Japan.
Japan's first female PM Sanae Takaichi vaporised her opposition, secured a massive majority and will now have the ability to deliver on the security policy of her mentor Shinzo Abe.
Xi Jinping's bullying tactics backfired bigly. This also shores up her standing and position with Trump (who backed her) ahead of the April summit.
www3.nhk.or.jp/nhkworld/en/ne…


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@ShangguanJiewen Costs probably driven by the ability to pay rather than production costs?
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