Japan - Ghost kingdom of the western eagle emperor
Japan - Ghost kingdom of the western eagle emperor
I wonder if these things are connected? A huge Japanese bank might be the next to go under.Toward that end, Yellen said she also aims to increase exchanges between financial regulators in the US and China. For example, the countries are facilitating discussions on how each side might handle the failure of a global systemically important bank.
As you know the Nikkei or Japanese stock markdt is like near it's all time high right now. Yet Japan is going to lose out to Germany for third place regarding largest economy.
What's the catch with this? They trying to artificially pump up JP shares?
Seems the trend is to consolidate everything under a few entities these days. The days of individual ownership is long gone.The Bank of Japan was buying the market over the course of many years. They bought the Exchange Traded Funds.
Forget now all the details. The Bank of Japan owns a lot of Japan Inc.
For Japan, EU and US wouldn't be surprised they will go ooh because China is going EV we can stay with gasoline and won't reach the x amount of degree rise blablabla. So we will create a cleaner Ice etc etc.Japan strategically keeps making more and more mistakes like the EU and the US.
Every nation after being successful for so long gets complacent and then starts falling.
Central bank buying up more and more shares of stock --> government ownership of the means of production --> socialism achieved in Japan?The Bank of Japan was buying the market over the course of many years. They bought the Exchange Traded Funds.
Forget now all the details. The Bank of Japan owns a lot of Japan Inc.