The Performance of Japanese Companies: A Growing Connection with External Demand [View article]
when growth is dependent upon credit expansion, it can't be sustainable. the current credit system is a ponzi scheme that will implode sooner than we all can imagine.
The Demise of Japan as an Economic Power? [View article]
or put in another way, the japanese miracle was a great hallucination resulted from structural lack of competition when the chinese were shut away from the competition.
when the japanese wake up to the reality, things probably will be very very dire. bankcrupt government, failing economy and currency.
The Demise of Japan as an Economic Power? [View article]
the real problem underpinning any economic problem is there's not enough work for everyone because the labor can't clear on the current price! japanese are working hard on after hour drinking binges and spent a lot in "snacku". the government intervention has kept the real economy from adjusting to the new labor supply demand equation after china joined the global competition. same problem with the USA.
when i was a teenage in shanghai, my parents was making less than 1000 dollars a year. but once china joined the global trade, hey, a lot of people are making 50K USD a year now, or even more.
in order for the japanese and the americans to compete, the labor market has to clear on market price without any intervention. intervention to keep the wages artificially high will result in higher unemployment. that's a rule of thumb!
Japanese Investors Saying 'No Thanks' to Government Bonds [View article]
with gold taking up the spot light, the japanese would be too dumb to ignore the merits of gold over 0 yielding JGB. smart institutions will JGB quietly too.
The Performance of Japanese Companies: A Growing Connection with External Demand [View article]
The Demise of Japan as an Economic Power? [View article]
when the japanese wake up to the reality, things probably will be very very dire. bankcrupt government, failing economy and currency.
The Demise of Japan as an Economic Power? [View article]
when i was a teenage in shanghai, my parents was making less than 1000 dollars a year. but once china joined the global trade, hey, a lot of people are making 50K USD a year now, or even more.
in order for the japanese and the americans to compete, the labor market has to clear on market price without any intervention. intervention to keep the wages artificially high will result in higher unemployment. that's a rule of thumb!
Japanese Investors Saying 'No Thanks' to Government Bonds [View article]
Japanese Investors Saying 'No Thanks' to Government Bonds [View article]
Japan's Economic Outlook Is in the Eye of the Beholder [View article]