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Japan Watch Thread

Japan Shinzō Abe China Korea sci-tech military politics USA East Asia Pacific

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#81
Futurist

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Does Abe actually have any serious political opposition outside of his party right now, though?



#82
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No. Although he may soon if the economy begins to seriously tank.



#83
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No. Although he may soon if the economy begins to seriously tank.

Who exactly would such opposition be? The DPJ?



#84
MarcZ

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No. Although he may soon if the economy begins to seriously tank.

Who exactly would such opposition be? The DPJ?

 

 

Possibly, or some other party might be formed the Japanese are becoming quite cynical of their mainstream politicians. The Liberal Party of Japan is so corrupt and authoritarian it is not even funny.



#85
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No. Although he may soon if the economy begins to seriously tank.

Who exactly would such opposition be? The DPJ?

 

 

Possibly, or some other party might be formed the Japanese are becoming quite cynical of their mainstream politicians. The Liberal Party of Japan is so corrupt and authoritarian it is not even funny.

Isn't the LDP essentially a tool of corporations, oligarchs, and/or nationalists?



#86
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No. Although he may soon if the economy begins to seriously tank.

Who exactly would such opposition be? The DPJ?

 

 

Possibly, or some other party might be formed the Japanese are becoming quite cynical of their mainstream politicians. The Liberal Party of Japan is so corrupt and authoritarian it is not even funny.

Isn't the LDP essentially a tool of corporations, oligarchs, and/or nationalists?

 

 

First and foremost nationalists, and quite possible the yakuza as well. Corporations and oligarchs second.


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#87
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Thanks for clarifying.



#88
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Are there actually any reasonably good/decent political parties in Japan right now, though?



#89
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Japan economy about to get whalloped by large consumption tax hike

 

I would also say the military posturing will also increase out of Tokyo as Abe's support rapidly erodes.

 

http://www.businessi...tion-tax-2014-3


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#90
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Within only one economic quarter Japan goes from having best performing stock exchange to worst

 

As I have said before Abenomics sucks.

 

http://www.bloomberg...ggest-drop.html


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#91
Mike the average

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The media have been as bad as ever covering this issue all we ever hear is how bad china is going to fall when its Japan with problems all over the place, with very little Abe or anyone else can do to fix it.


'Force always attracts men of low morality' - Einstein
'Great spirits always encountered violent opposition from mediocre minds' - Einstein

#92
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Abenomics to leave large mess

 

You simply cannot fix Japan's economy by raising taxes and inflation, you will not get public support to do so for very long. Inflation also causes the amount the government needs to pay on its debt to rise as its currency depreciates. Secondly, all the inflation we are actually seeing is from the energy imports as a result of the nuclear power stations being shut down after the tsunami in 2011. The only way to get good inflation in Japan is A) to have an increase in population, and B) for wages to rise to fuel consumption and thus raise prices due to higher consumption. Raising prices while lowering consumption is just going to infuriate everyone.

 

Yet the BoJ looks like it is going to try to devalue the Yen again because it thinks it hasn't done enough to make sure Abenomics stays strong... meanwhile government just keeps spending the kitchen sink... (facepalm)

 

Probably will lead to a bond default in the government and the total annihilation of the Japanese economy. This will be the story of the decade...

 

https://www.creditwr...experiment.html

http://www.moneynews...2/07/id/551424/



#93
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And... another fail for Abenomics!

 

http://www.businessi...forecast-2014-4



#94
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Inflation Quickens and Consumers Get Pissed

 

Fast rising prices, tax increases, no wages increases are meaning a really pissed of electorate. Now Kuroda is concerned that bond yields could spike leading to massive financial problems for the government and saying investors just don't understand what he is doing to help (he is partially correct investors don't understand, and they don't believe this hyper QE policy of his will solve Japan's problems). Wonder how long til this country blows up economically. I personally think Japan is a bigger story than Russia/Ukraine... Just not as interesting to many people as bombs aren't dropping.

 

http://www.bloomberg...since-1992.html

http://www.bloomberg...-inflation.html



#95
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When is your estimate for when the poo hits the fan, MarcZ? Might be going there next year.

#96
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When is your estimate for when the poo hits the fan, MarcZ? Might be going there next year.

 

Most common consensus among the big Japan skeptics is 2018ish for major government financing problems. Although with all things in economics, depends on how the market wants to look at things.



#97
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Is Japan going to pull a Weimar Germany?

 

http://www.bloomberg...pan-is-terrible



#98
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After researching this a bit more, I'm not sure if i buy into this economic gloom and doom. First quarter GDP growth was %1.5, and that was sixth consecutive quarter with growth. Therefore by definition-Japan is not in a recession. The unemployment rate is similarly about %5, and inflation is still low. I think most nations would be happy to have those numbers.

#99
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bump

 

http://www.businessi...reforms-2014-02

 

What are your thoughts, MarcZ (or anyone else)?



#100
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GDP growth was only high because everyone rushed out to make purchases before the tax increase came in. The numbers that have come in since the tax increase have showed a drop in purchasing practically as bad as the 2008 financial crisis which means Japan could fall into recession.

 

As far as the "third-arrow" I will believe it when I see it. Japan is in major trouble.







Also tagged with one or more of these keywords: Japan, Shinzō Abe, China, Korea, sci-tech, military, politics, USA, East Asia, Pacific

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