Pity we can’t have “Japan’s lost decade” in Britain

One of the examples usually given by the supposed ‘experts’ of the dangers of deflation and economic stagnation is Japan. The economic pundits are forever talking and writing about “Japan’s lost decade”. But do the ‘experts’ really understand what has has actually happened in Japan over the last 10 years or so?

Here are a couple of relevant data points:

1. People’s spending decreases after they enter their mid fifties:

(click on charts to see more clearly)

Although this chart is from the US, it applies in almost any developed country – after people pass the age of 54, they tend to spend less money on “stuff”.

2. Japan has an ageing and declining population:

This means that the Japanese are likely to spend less. Therefore any decline in GDP may not be proof of “a lost decade” but just a natural result of changes in demographics.

We also have an ageing population in Britain. But our rulers have chosen to deal with it by opening the borders to a tsunami of immigration – 46,000 people every month (one million every two years) – about half of them unskilled benefits scroungers from filthy, corrupt, crime-ridden, violent Third World hell-holes who just happen to hate us and everything about our society apart from our over-generous welfare system, free healthcare, free schooling, free housing, free everything. This has led to a rapid population increase in Britain, overcrowding and a virtual collapse in the NHS and our schools. Meanwhile, our rulers have borrowed and spent £100bn a year to pay benefits, housing and public services for all these millions of immigrants and claimed “look how much our economy is growing!” 

The Japanese, on the other hand, have decided to not let their country become an overcrowded, heavily-indebted Third World sewer and so their population has peaked and even started to go down as has their GDP. Is that a bad thing? Less congestion. Less overcrowding. Less pressure on housing and public services. Less borrowing.

Yes, the Japanese do have issues to deal with, in particular how to care for so many elderly.

But maybe there hasn’t been the “lost decade” the economics experts like to shove in our faces when warning us about the supposed ‘dangers’ of deflation. All we’re seeing in Japan might be the natural decline in spending as a population ages but doesn’t allow itself to be invaded by millions of people who would have no interest in Japan’s values and would absolutely refuse to integrate into Japanese society.

So, which route would you have preferred for Britain? The one chosen by our rulers which is turning our once green and peaceful country into a crowded, concrete-covered, violent, bankrupt Third World cesspit? Or the one chosen by Japan’s rulers – keep the borders closed and manage the gradual decline in population and GDP?

Personally, I’d much prefer Japan’s solution. I believe Japan hasn’t had a “lost decade” at all. But we have definitely lost our country and we can never get it back.

For most of my life, I was too busy trying to earn a living to question what I read in the papers or heard on TV. It’s only since I’ve been blacklisted as a whistleblower and started writing books that I’ve realised what total and utter b*ll*x many supposed ‘experts’ feed us. This is why I write the blog – to try to tell the truth the mainstream media never mentions about what is really happening to our country.

(Apologies, the Comment function still seems to be blocked by spammers. A pity as I’d have loved to have read the comments on some of the articles over the last few days. Until the problem is fixed, if readers wish, they can email comments to me at david.craig54@yahoo.co.uk and I’ll post them in the blog)