Is the Osaka Expo going to be a huge bust?
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I saw the other day that the Osaka Expo is starting in less than three months. Is anyone planning to go?
The website to buy tickets is a complicated mess (you need to book in order to enter a lottery in order to book?). I couldn’t be bothered to even try to understand how it worked.
And I am not at all interested.
I don’t even know what the Expo is about, or what is going to be exhibited there.
I see it is also fully cashless, a trend I am not a fan of (not allowing people to pay with cash really makes things difficult for the poor, the elderly, children, people with disabilities).
Am I just out of the loop? Or is it going to be another colossal waste of money?
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(the comments were… fun)
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The Forum
Speaking of which, the Forum is doing well (we went over 40,000 posts this week!). The forum rules are here. In essence, they are:
- Be nice
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Here are the latest active threads:
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This week’s books
I am still on my Terry Pratchett binge! Bought all of his Discworld books on Kindle and have got to Reaper Man, one of my favourites.
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This week’s links
- Young people need more support, and to know that there are alternatives to the normal path to success: Japan sees record number of young suicides
- I broadly agree with this: Are rich people miserable?
- Society is changing: Depopulation prompts Japan convenience store chain to introduce sole-manager system
- Maybe? Is This a Bubble?
- I’ll be doing a YouTube video about crypto soon: No bitcoin ETFs at Vanguard? Here’s why
- This is encouraging, not just because they are doing it, but because they are also making it cheaper and more efficient: China surpasses 2030 renewables target six years early
- Another corker from Trung Phan: DeepSeek: Links and Memes (So Many Memes)
- Wasn’t aware of this about the mortgage tax break: Do you qualify
- Horrible accident. Don’t really understand why they couldn’t have used helicopters or something to get people in to help the driver, but I don’t pretend to be an expert. RIP at this point. Why it’s taking so long to reach the driver trapped in a Saitama sinkhole
- So she was 12? I struggle to understand the Japanese justice system: Ex-Japan lawmaker gets suspended term for raping middle school girl
- My ridiculous goal is a billion yen. Seems to be in the range he proposes: The Perfect Level of Wealth
- More great content from Daniel: What’s in The FI Professor’s Portfolio?
- And Martin: What’s your Japan plan?
- Eeek: Prices of 1,656 food items to increase in Japan in February
- Interesting documentary (from the year I came to Japan). YouTube: Bubble Trouble in Japan
- I don’t see the yen getting much stronger any time soon: Predictions Of Yen At ¥95 Per Dollar Are Based On False Logic
- This just seems parasitic on the part of TableCheck: More ramen restaurants in Japan introducing entry passes to curb long lines
- This was very interesting (YouTube): Japanese law overview – American lawyer explains
- This YouTube channel about someone moving from the US to Japan and buying an akiya is interesting. I wonder how this story will turn out: Matsukawa Zaraki
- Depressing. I’ll be 68 in 2045. Wonder how different life will be then: Climate change target of 2C is ‘dead’, says renowned climate scientist
- Genius (Twitter): British mobile operator 02 created an AI voice bot called “Daisy” to combat phone scammers
- I very much disagree with this for people in Japan, but important to understand the other side of the argument: The benefits of living mortgage free
- I remember this case. Happened just after I came to Japan: The Haunted House in Setagaya
- Interesting blog post about a possible future for rural Japan. Personally I think we should abandon much of Japan and concentrate the population in towns and cities: The Death of Rural?
- I think the numbers are too low to qualify for these. We are a (barely) HNWI household now, and could possibly become a UHNWI household in the future, just from normal salaries and saving/investing. Feels like it should be harder to qualify: Record Number of Japanese HNWIs
- Scott Galloway on AI companies: A New AI World
What do you think? Anything interesting in there?
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(#11) I drew up a simple spreadsheet and calculated that if you’re starting at ¥150m (you said you were at something similar a little while ago), with 7% interest a year, you’d need to save ¥10m a year to reach a billion after 20 years. So…good luck! :-))
My spreadsheet (8% return, investing 4m a year) gets us there in just under 20 years. But I suspect we’ll get there a bit quicker.
Doesn’t really matter either way, but I like having goals.
I went to the Aich World Expo in 2005. All it is is basically a whole lot of countries trying to promote themselves, some food stalls with food from around the world, and a couple of big drawcards. At Aichi the biggest drawcard was a mummified Woolly Mammoth. I was interested in seeing that but it was about a 3hr line. Instead, I only ended up going to about 3 pavillions and they were pretty unimpressive.
It’s one of those things that if its right next door it might be worth going as it’s something different but I wouldn’t go far for it. I saw on TV yesterday though that about 80% of people in Osaka have no interest in going. I think they’ll be more interested in going to the new casino(s) that are going to be built around the site afterwards instead.