this post was submitted on 11 Apr 2025
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Uh, well, you see, when a Daddy Nazi and a Mommy Nazi get really scared of approaching Allied forces... (lemmy.world)
submitted 2 weeks ago by [email protected] to c/[email protected]
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[–] [email protected] 36 points 2 weeks ago (2 children)

What's the old economist joke? The four kinds of economies are developed countries, developing countries, Japan, and Argentina?

[–] [email protected] 32 points 2 weeks ago

"There are four types of countries in the world—developed, undeveloped, Japan, and Argentina."

— Simon Kuznets, who won the Nobel prize in economics in 1971

[–] [email protected] 7 points 2 weeks ago (1 children)

Is Japan in there for thriving despite the resources their little islands can provide?

[–] [email protected] 15 points 2 weeks ago (1 children)

More for their weird economic position of the past 30 years.

[–] [email protected] 2 points 2 weeks ago (1 children)

us aid + extremely reliable trade partner = profit?

[–] [email protected] 11 points 2 weeks ago (1 children)

Developed so hard it's hurting their economy, more like.

https://en.wikipedia.org/wiki/Lost_Decades

[–] [email protected] 1 points 2 weeks ago

That was well after 1971 though. 1971 was during the Japanese economic miracle.