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Viper740

Viper740
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  • U.S. weighing ending truck tariff [View news story]
    "The Big Three (GM, F, FIATY.PK) have built up so much brand loyalty for their popular truck models that ending the tariff probably won't hurt the trio, and could actually help them raise sales if other markets like Japan are opened up as a counter-measure."

    This will *not* happen.

    Speaking as someone who lives in Japan, the Japanese will never open up their auto market to Americans or Europeans. The Japanese domestic auto market is 95% Japanese cars. It's the most closed auto market in the entire world, and they will never let it change.

    Thus, ending the truck tariff is a dumb idea.
    Aug 5 11:30 AM | 2 Likes Like |Link to Comment
  • Hedge Against Japanese Hyperinflation - Buy The Nikkei [View article]
    I agree. That's why the Chinese Communist Party will not last. Freedom cannot be suppressed forever. China has a long history of violent revolutions, and the fall of the Communist Party will probably be no different.
    Aug 4 08:01 PM | Likes Like |Link to Comment
  • Hedge Against Japanese Hyperinflation - Buy The Nikkei [View article]
    Hard to say, as it's possible the Chinese would have been better off under Japanese management than under the Chinese Communist Party. Remember the Japanese spent alot of money and resources developing infrastructure and education in China when they controlled it.

    But what's for sure: it's not OK for the Chinese to continue to scapegoat the Japanese for their problems, past or present, since the CCP has been much more brutal and repressive than the Japanese ever were.

    Also China has released it's new 10-dotted line map for Asia, in which they control the entire South China Sea, including up to only 12 miles from the Philippines and Vietnam (!!). They are aiming to steamroll over anything and everything in their way.

    So the best option is clearly for Japan to build up it's military and be prepared to defend it's territory with force against China, as America may not come to their defense (especially under a weak president like Obama).
    Aug 3 06:58 PM | Likes Like |Link to Comment
  • Hedge Against Japanese Hyperinflation - Buy The Nikkei [View article]
    The Chinese Communist Party killed far more Chinese people than the Japanese ever did.
    Aug 3 08:23 AM | Likes Like |Link to Comment
  • Japanese Hyperinflation? Don't Bet On It [View article]
    Can't an economy wide drop in prices be a sign of increased competition and efficiency, resulting in higher quality products at lower prices? Isn't the ideal scenario increased wages (due to increased productivity) combined with decreasing prices (due to increased efficiency and more competition)
    Aug 2 06:27 PM | Likes Like |Link to Comment
  • Japanese Hyperinflation? Don't Bet On It [View article]
    "There can be be no economic growth in a deflationary spiral."

    I'm not so sure this is true. Computers today are at least 10X cheaper than they were 20 years ago, but there has been tremendous economic growth in the computer and IT sectors. What's your take on that?
    Aug 2 04:31 PM | Likes Like |Link to Comment
  • Hedge Against Japanese Hyperinflation - Buy The Nikkei [View article]
    China and Korea will always use hostility towards Japan for domestic political purposes. Japan should ignore them.
    Aug 1 08:10 AM | Likes Like |Link to Comment
  • Market Update - Chinese And Japanese Economic Reports [View article]
    No, it doesn't from Walmart. Manufacturing cheap things (which is what China does) alone is not enough to create national wealth. Definitely not $1 trillion dollars.
    Aug 1 08:06 AM | Likes Like |Link to Comment
  • Canon Can't, Unfortunately [View article]
    Actually, it's not crazy. An iPhone can do many things, but a camera can only take pictures and nothing else. Also, an iPhone doesn't cost $700 in most cases.
    Aug 1 08:04 AM | Likes Like |Link to Comment
  • Japanese Hyperinflation? Don't Bet On It [View article]
    Well said, sir.
    Jul 30 09:22 AM | 1 Like Like |Link to Comment
  • Market Update - Chinese And Japanese Economic Reports [View article]
    Where does the $1 trillion come from?
    Jul 29 08:20 AM | Likes Like |Link to Comment
  • Ignore the slowdown in China at your own peril, writes Ben Levisohn after GDP growth slipped to 7.5% in Q2, and Beijing shows little sign of easing policy to re-boost it. Consumer staples and health care stocks with high China exposure like Mead Johnson (MJN) and PerkinElmer (PKI) have recently underperformed (on a relative basis), but also at risk are those in materials, industrials, and IT with a heavy reliance on China: DOW, ALTR, EXPD, GE. On the other hand there's Las Vegas Sands (LVS) - maybe unfairly (relatively) punished for its Macau exposure even as the secular growth of gambling there should offset any cyclical economic weakness in China. [View news story]
    Bernake's money printing is nothing compared to what the Chinese are doing to their economy. Please look at the numbers. China's growth is mostly due to pumping money into the economy. If the US did the same thing on the same scale, we'd have 8% growth also.

    Chinese banks non-performing loans (NPL) are about 18-19%. Now it might even be higher. And if you look at how much money has been going into their banks, that amount (NPL liability) adds up to approximately their known national surplus. They are in a very dangerous position, much more so than the US.
    Jul 21 08:07 AM | 1 Like Like |Link to Comment
  • Ignore the slowdown in China at your own peril, writes Ben Levisohn after GDP growth slipped to 7.5% in Q2, and Beijing shows little sign of easing policy to re-boost it. Consumer staples and health care stocks with high China exposure like Mead Johnson (MJN) and PerkinElmer (PKI) have recently underperformed (on a relative basis), but also at risk are those in materials, industrials, and IT with a heavy reliance on China: DOW, ALTR, EXPD, GE. On the other hand there's Las Vegas Sands (LVS) - maybe unfairly (relatively) punished for its Macau exposure even as the secular growth of gambling there should offset any cyclical economic weakness in China. [View news story]
    Zeus, the amount of money the US gov't is pumping into the economy is nowhere the amount China is doing to it's economy. $85 billion is a small figure relative to the size of the US economy. What China is doing, in US terms, would be something like the US gov't doing $4 trillion dollars worth of QE.

    China, and now Japan, are doing QE on a massively larger scale than the US has ever done, and the results of both will not be good.
    Jul 21 08:04 AM | 1 Like Like |Link to Comment
  • Ignore the slowdown in China at your own peril, writes Ben Levisohn after GDP growth slipped to 7.5% in Q2, and Beijing shows little sign of easing policy to re-boost it. Consumer staples and health care stocks with high China exposure like Mead Johnson (MJN) and PerkinElmer (PKI) have recently underperformed (on a relative basis), but also at risk are those in materials, industrials, and IT with a heavy reliance on China: DOW, ALTR, EXPD, GE. On the other hand there's Las Vegas Sands (LVS) - maybe unfairly (relatively) punished for its Macau exposure even as the secular growth of gambling there should offset any cyclical economic weakness in China. [View news story]
    There is nothing special about China's 7%+ growth. If the US pumped as much money into our economy as a percentage of GDP as China did, we would have 7% GDP growth also. But the reason we don't do it, is because it's a bad idea.
    Jul 20 05:56 PM | 1 Like Like |Link to Comment
  • Japan: Printing Up Miracles And Mirages [View article]
    Actually, Japan is not agriculturally independent. It has very little arable land and imports much of its food supply. Japan also has relatively low agricultural productivity, compared to the US for example.
    Jul 13 12:34 PM | Likes Like |Link to Comment
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