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Viper740

Viper740
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  • Study: WhatsApp used by 41% of Indian Web users, 3% of U.S. users [View news story]
    iMessage and FaceTime are both completely free and easy to use. I don't see any reason Whatsapp is better than the combination of those.
    May 25 10:35 AM | 1 Like Like |Link to Comment
  • BOJ's Kuroda tries to talk down yen [View news story]
    If inflation hits 2%, interest rates on Japanese gov't bonds will have to be raised higher than 2%, or else their purchasers will be losing money due to inflation. Yet, if interest rates are raised to higher than 2%, the Japanese gov't would have to pay so much money servicing interest on its debt that it might cause their fiscal situation to explode.

    Basically, they are in very bad shape no matter what happens.

    How does Mr. Kuroda propose solving this dilemma?
    May 23 10:05 PM | Likes Like |Link to Comment
  • Japan revamps investment panel of world's biggest pension fund [View news story]
    Reshuffling chairs on the Titanic.

    When the perception among investors/GPIF is that inflation will hit 2% and your bonds pay only close to 0%, something has to give, or else they are losing money on those bonds.

    Likely scenario: GPIF stops buying Japanese bonds -> Bank of Japan (BOJ) becomes buyer of last resort -> BOJ prints yen in order to buy the bonds, since they are broke -> Japanese yen tanks
    Apr 23 05:39 AM | Likes Like |Link to Comment
  • Ukraine retakes airport [View news story]
    Let the US stay out of this. No money or troops for anyone. I personally don't care what happens to Ukraine, one way or the other.

    Russia is already a corrupt, failed state that will do itself in without anyone else's help. If they want to waste all of their money and international goodwill invading someone else, let them do it.
    Apr 16 05:36 PM | Likes Like |Link to Comment
  • Consumption tax hike in Japan only days away [View news story]
    "The sales tax rate will rise 600% to 8% on April 1."

    ...uhh, shouldn't this read 60%, NOT 600%?!
    Mar 30 04:14 AM | Likes Like |Link to Comment
  • NYT: NSA used backdoor into Huawei equipment for spying [View news story]
    Smart move by the NSA. I read this as very good news. We need to know what the bad guys are up to.
    Mar 23 09:10 PM | 1 Like Like |Link to Comment
  • Toyota to raise Japan salaries for first time since 2008 [View news story]
    Correct me if I'm wrong, but what I get from this story is that these companies are raising salaries due to command directives from the government, more so than due to market conditions.

    Has Japan become the Soviet Union?
    Mar 12 03:05 AM | 1 Like Like |Link to Comment
  • Contrary call on yen from Morgan Stanley [View news story]
    ...and Kyle Bass says it's heading to 350. Who will be right?
    Jan 10 08:41 PM | Likes Like |Link to Comment
  • A Useless And Dangerous Mountain Of Money [View article]
    No, most of it could not be applied to the US:

    1) The US has a much lower debt-to-GDP ratio than Japan (100% vs. 250%).
    2) The US does not have the world's oldest population, unlike Japan, and thus does not have the enormous pension and medical burden the Japanese government faces.
    3) The US allows immigration to bring in a fresh supply of skilled labor (I'm not talking about illegal aliens), thus no terminally declining population like Japan.
    4) Japan's level of QE is MUCH higher than the US (by about 3X)
    5) The US can produce its own energy (especially shale natural gas), whereas Japan must import most of theirs.
    6) US is home to many innovative companies that drive the world economy, where as most major Japanese companies and industries are in terminal decline.
    7) The US has no military enemies, but Japan is faced with their enemy China, who in a short time will surpass the Japanese military in both size and capabilities. Currently the US protects Japan, but US military budgets are declining every year, so the US will be increasingly less able to do so in the future, leaving Japan ever more vulnerable to strategic attack by China. So the Chinese know all they have to do is bid their time. The Chinese hate the Japanese and are waiting for the chance to attack.

    There are many more. But the point is that the US is in much better shape for the future than Japan.
    Nov 20 12:48 PM | Likes Like |Link to Comment
  • Japan: Printing Up Miracles And Mirages [View article]
    Ben Gee, Japan has one of the most inefficient agricultural sectors among developed countries, much more so than the US. It makes food products here in Japan artificially expensive. Did you know that Japanese beef costs over twice as much as American beef in Japan? The same is true for chicken, pork, or almost any other type of product. Japan does not leverage economies of scale in agriculture, but uses only small mom and pop farms.
    Oct 3 11:06 PM | 1 Like Like |Link to Comment
  • Auto parts makers to plead guilty to U.S. price-fixing [View news story]
    This is not about the ethics of international business. It is about the massive-scale criminal price-fixing behavior of Japanese auto parts manufacturers. (Actually, price-fixing and cartel behavior are endemic in almost every industry inside of Japan; the only reason these guys got caught is because the victims were American, so the FBI got involved.)
    Sep 27 04:42 AM | 1 Like Like |Link to Comment
  • Auto parts makers to plead guilty to U.S. price-fixing [View news story]
    Many of them WILL be going to jail in the US, and the total fines were $1.7 billion.
    Sep 27 04:39 AM | 1 Like Like |Link to Comment
  • Applied Materials to merge with Tokyo Electron [View news story]
    If one side will own 68% of the new entity, how is this a merger and not a takeover?
    Sep 24 07:24 AM | Likes Like |Link to Comment
  • More tension between Japan and China worries Japanese automakers [View news story]
    There will be war. With this many ships and planes crossing each others paths on a consistent basis, there is bound to be a miscalculation or mistake that results in shots being fired, at some point. It's a matter of when, not if.
    Sep 10 03:04 PM | Likes Like |Link to Comment
  • Kerry: International support growing for action against Syria [View news story]
    I don't buy the oil argument. Rather, follow THIS money. AIPAC is the most connected and powerful lobby in Washington:

    http://bit.ly/1cUJG9f

    "AIPAC to deploy hundreds of lobbyists to push for Syria action.
    Pro-Israel lobby says 250 activists will meet with their senators and representatives in Washington in a bid to win support Congressional support for military action in Syria."
    Sep 8 07:21 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
126 Comments
100 Likes