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Cake day: September 9th, 2026

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  • And their problems had nothing to do with deflation. They’re rampant consumerists and innovation chasers who just also happen to value conservative savings plans. They got outcompeted in the local area by cheap Chinese labor and their adoption of neoliberal economics did what it did everywhere else, sabotage their working class’s purchasing power even as they lost their foreign markets…

    And they’re still the world’s fourth largest economy with the 12th largest and rapidly aging population.