Posted in: Charges dropped against Kishida, other LDP members in slush fund case See in context
Fish rots from the head!
4 ( +7 / -3 )
Posted in: Inflexible rules, miscommunication at root of automakers' test woes See in context
Tatemae?
-8 ( +16 / -24 )
Posted in: Japan's household spending falls 1.8% in May on higher prices See in context
Real wages have been falling for the past 3 years.
0 ( +6 / -6 )
Posted in: Man passes away on Tokyo train; no one notices until nearly 12 hours and 650 kilometers later See in context
As populous as Tokyo is, it's a very lonely place
5 ( +8 / -3 )
Posted in: Kishida pledges travel aid program 6 months after Ishikawa quake See in context
Where's all this money coming from?
-2 ( +7 / -9 )
Posted in: Australian diplomat says adding AUKUS partners like Japan complicated See in context
Japan's security infrastructure and cybersecurity is notoriously weak being a popular target amongst hackers worldwide. Sensitive information shared with Japan is often leaked with many moles within. Hence it's "complicated"
7 ( +11 / -4 )
Posted in: Yen briefly dips past 161 against dollar to 37-year low amid intervention talk See in context
The yen's decline is based on Japanese's rapid economy and fiscal fundamental decline. The delusion that debt doesn't matter because it's domestically is coming home to roost. Sadly, nothing will change until it's too late.
1 ( +9 / -8 )
Posted in: Biden's shaky Trump debate alarms Democrats, raises questions for his campaign See in context
Disappointing options but looks like another Trump presidency
0 ( +7 / -7 )
Posted in: Rice price jumps at Japan supermarkets amid heat damage, tourism boom See in context
Japanese rice is such a scam and now they want more money. Rice farmers are paid to not produce in order to artificially inflate the prices which is all orchestrated by the government and JA. Rice import tax is roughly 800% so you can imagine the corruption and inefficiencies. Of course the Japanese public end up flipping the bill.
15 ( +16 / -1 )
Posted in: Yen slumps to upper 160 range against dollar despite intervention threat See in context
1985 Plaza Accord BOJ prints to stimulate Asset prices rise Inflation BOJ increases rates in 1992 Crash of 1992
2012 Abenomics BOJ prints to stimulate Asset prices rise Inflation BOJ refusing to raise rates what's next ???
A lot of similarities to the past....
5 ( +7 / -2 )
Posted in: Kishida cabinet survives no-confidence motion over funds scandal See in context
No surprise. It would be like the pot calling the kettle black.
0 ( +2 / -2 )
Posted in: Japan's exports surge 13.5% in May See in context
No trade surplus with the yen at 157? Most be really bad
-7 ( +0 / -7 )
Posted in: Japan's economy shrinking, although slightly less than previously thought See in context
No amount of fiscal nor monetary spending can fix the structural issues. Time to wake up
10 ( +12 / -2 )
Posted in: Japan spent record ¥9.8 tril in April-May to slow currency fall See in context
Debt matters no matter if you own it or not. Japan is great example of the limitations of MMT. Scary future
1 ( +2 / -1 )
Posted in: New bill will block convicted sex offenders from jobs involving children See in context
Japan ceases to amaze.
-5 ( +2 / -7 )
Posted in: Japan racks up ¥462.5 bil trade deficit as imports balloon due to cheap yen See in context
Print trillions of yen to finance your reckless spending which in turn destroys your currency and then blame imports.
2 ( +5 / -3 )
Posted in: Toyota posts record ¥4.94 tril net profit See in context
4.9 trillion of worthless yen
-18 ( +3 / -21 )
Posted in: Average price of Tokyo area condo up 9.5% to record high in FY2023 See in context
B-U-B-B-L-E ! ! !
-1 ( +4 / -5 )
Posted in: Nikkei leads Asian market retreat as Middle East tensions flare See in context
How about Ueda from the BOJ acknowledging that he might have to raise interest rates to shore up the yen?
0 ( +0 / -0 )
Posted in: Japan's inflation slows to 2.6% in March but rate hike still likely See in context
The government is fooling no one. Hesitance to raise interest rates is the acknowledgment of an asset bubble resembling the earlier 1990's. Inflation has outstripped any wage hikes over the past three years, hence the terrible stagflation. CPI excludes food and energy so the pain is real.
-5 ( +2 / -7 )
Posted in: Tesla shares tumble below $150 per share, giving up all gains made over the past year See in context
Stock market /price has never been a clear indicator of the fundamentals of the economy or business. Take a good look at the Nikkei225. Tesla is a revolutionary company, transforming the automotive industry with it's tech and manufacturing prowess. At these levels, its a buying opportunity
-2 ( +1 / -3 )
Posted in: Chinese media call Japan 'two-faced' for seeking closer ties while warning of China threat See in context
China is Japan's biggest trade partner while America is Japan's security partner. Facing two ways so it's not too far off
1 ( +6 / -5 )
Posted in: Biden suggests he may block Nippon Steel deal, seeks to triple tariffs on Chinese steel See in context
It's a national security issue. It would raise eyebrows in any country if the largest steel producer was to be acquired by a foreign entity.
8 ( +13 / -5 )
Posted in: 3-year-old girl falls to her death from balcony of high-rise apartment in Hiroshima See in context
Very sad!
6 ( +8 / -2 )
Posted in: Seoul, Tokyo vow 'appropriate action' on weak yen and won See in context
Keep on vowing while printing 60 billion USD worth of yen a month to artificially keep your interest rates near zero. Hope it's not anything like 1992
4 ( +10 / -6 )
Posted in: Japan records trade deficit for third straight fiscal year despite recovering exports See in context
Numbers don't lie. Death of the yen
-5 ( +4 / -9 )
Posted in: Japan lower house OKs bill to allow joint custody after divorce See in context
Good news to hear
5 ( +5 / -0 )
Posted in: Japan's population falls below 125 mil; down for 13th straight year See in context
Declining demographics and growing debt. A recipe for disaster
10 ( +15 / -5 )
Posted in: Japanese astronaut to be first non-American to set foot on moon See in context
Wonder how much tax money Kishida forked over for this ego trip
-2 ( +0 / -2 )
Posted in: Why are Olympics so good at making us root for sports and athletes we tune out most of the time?
Posted in: Hero of Oct. 7 aims to revive Israel's moribund left
Posted in: Hero of Oct. 7 aims to revive Israel's moribund left