Supporting Japan's rebuilding process

[Shelia]

Please stop. If you really want to support Japan, have people donate directly to a disaster relief charity (This one, for instance, as I found via Japanator) as opposed to some half-assed approach that's little more than a thinly-veiled attempt to get your favorite game back up and running.

As blunt as this is, I completely and entirely agree.

If you want to do some good, donate to red cross and not a rich corporation...

[Grit]

i am pretty sure that japan will have enough money on their own to pay for their rebuilding.

This is Japan, not china. Having 17 trillion and still ask the -17 trillion country to donate money for rebuilding. Lucky, samurai isn't from China.

Japan is the real place for samurai. Think of their pride, they would have their ministry commit seppuku if they accept your money especially Americans who blew up half of their country a little more then half a century ago to rebuild.

Now if you donate directly to Red cross, that's another story since the money is use to keep red cross function not rebuilding.

The only valid point in this post is the last one.. we should be donating to disaster relief funds, not Square Enix. It's easy enough to donate to these charities.. to give 10 dollars all you have to do is text one of the numbers on this list:

http://www.fox10tv.com/dpp/news/text...ctims-in-japan

Last I checked, Japan's national debt is 11 Trillion US dollars (900 trillion yen or so). They actually have the second highest debt vs. GDP in the entire world (about 195%). By comparison, the US debt is only 96.3% of our yearly GDP.

So to say that they can "afford" to rebuild is a rather uneducated statement to make.

[CeeKay]

http://american.redcross.org/site/Pa...O_BigRedButton

^_^ One way to help~

[Eiyaya]

The only valid point in this post is the last one.. we should be donating to disaster relief funds, not Square Enix. It's easy enough to donate to these charities.. to give 10 dollars all you have to do is text one of the numbers on this list:

http://www.fox10tv.com/dpp/news/text...ctims-in-japan

Last I checked, Japan's national debt is 11 Trillion US dollars (900 trillion yen or so). They actually have the second highest debt vs. GDP in the entire world (about 195%). By comparison, the US debt is only 96.3% of our yearly GDP.

So to say that they can "afford" to rebuild is a rather uneducated statement to make.

You do realize country don't actual borrow money across each other right? You don't see men in black carry these cases with a single trillion dollar print crossing the border?

These debt build up because Japan was too focus on developing over the century also causing by their deflation method. While their CPI remain 0.0%, instead of create a money supply to adjust a stable inflation that can be carry among the world, they decide to spend money keeping the inflation down. Because Japan have a strong export and import sector. But if price outside rise meaning buying to import will be higher (which cost money) while price outside rise also mean the price they get from selling export will fall short. (which generate less money).

Therefore a debt started, now of course with japan maintain its current level, they definitely will keep being in debt but policies will change. Japan have a strong E-X therefore they can easily fix these issue by inflation (decrease cost and generate more money as opposite of above) if they start to follow the world's inflation rate.

Beside Debt is really nothing to worry about as long the country remain in existent and still generate revenue, most of these debts are from government bonds which is brought by investors, of course an inflation will reduce the power of loan but everyone is well aware japan is a strong country, lending is never a problem to them. GDP is a function of 5 things C+I+G+E-X. As long Japan start to control these 5 things, GDP will become positive.

read this:
http://econ.economicshelp.org/2008/1...onal-debt.html

Notice: England have 150% as well and their live (of course, their country still in horrible state now but who isn't?)

Anyway, japan always have the option of leave "the fishing island" to China for a money deal.

or better yet, let's have world war 3. Japan + south Korea + US (with canada) vs China, that will fix whoever live to tell the tales.

That's how world war 2 helped the economies changes.

[Grit]

What was the point of posting all of that? I don't need lessons in economics from someone who makes snide remarks about Seppuku and World War 3 at a time like this.

[babycakin]

@Quanda

I do believe the post starter had every sincere intention to do it to help Japan, not just get the game running again. BUT, I totally agree with you that its best to donate to a relief organization or the Red Cross.

[Majidah]

Did the tsunami hit SE's offices? 'cause let me tell you, you're better off donating your subscription to a real help fund if not.

[Vicious]

This would do more harm than good. Just donate if you wanna help out.

[Rockne]

If you really want to help, find a respected, known, and one that isn't totally going to pocket the money organization and slap them with a briefcase full of money.

That'll go to Japan. There's really no need to pump all our money to SE in the name of helping all Japan.

Last time I checked, they weren't Japan's spokesperson.

Honestly, as much as I feel bad for Japan being in the state it's in now and having to go through seventy hells, people are just beating the living crap out of this horse.

[Freyane]

I'm surprised to see how many people find evil where there isn't. I'm a casual gamer, playing barely 8 hours per week. I have no interest to have the game running immediatly.

Yes I gave 30€ to a Japanese fundation already. That's all what I can do for now. But I thought linking game and donation would have a better result. If only 2000 players choose to pay for the game and have the money given after to a fundation, it would be 20000€ per month. But I have learn that humans don't give on their own.

That's why the idea to link donation and game came in my mind.