We're all doomed. So yes .

Plus Japan has moved to fix that through long-term money printing, the only thing available for them to do since they've been in the liquidity trap of zero-level interest rates for a decade solid, so cannot push interest rates down to devalue the currency.

Ohey, another one of these.

Not sure if anyone's brought it up, so I'll just parrot what I posted in the last "Is Nintendo doomed" thread.

"An interesting analysis, but seemingly quite out of date.

I'm guessing these figures were pulled from last fall, when Nintendo predicted a $257 million dollar yearly loss. As opposed to now, when their Confirmed losses stand at around $627 million (52 Billion Yen), and are predicted to reach $838 million (69 million Yen) for the fiscal year.

That doesn't really change the argument, which is rather simplistic and doesn't take into account investors, rising production costs, etc., but it does revise the figure (when they run out of money) from 2075 to 2030."

Why this thread?

Funny how the US and Europe have had a decades long case study in Japan and have thus far completely failed to see what Japan did wrong.

The difference, i think, is that the other industrialized countries haven't quite made the same mistake. Essentially Japan sought to push beyond the bubble burst of the early 90s mostly through construction, a process that has only half-succeeded by locking the economy more or less in stasis since then. The Stimulus of the late Bush early Obama administration was a flash in the pan compared to the sustained campaign the Japanese have put up.

Of course, the Japanese have the opposite currency problem. Outside investors insist on viewing it as a stable currency, which despite all the expansionary fiscal policy and loose monetary policy, had appreciated too much in light of the necessary depreciation in USA, UK, and EU. They had to keep printing money not to try to jump-start the economy, but fix the currency problem (which will indirectly boost the economy by upping exports)

Nintendo was not doomed. The Orcs of Mordor were though.