Japan economics thread.

coolgod

Colonel
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Yellen to Visit China Again in 2024, Focusing on ‘Difficult’ Topics​

  • US Treasury Secretary speaks to US-China Business Council
  • Much of agenda will be ‘discussing difficult areas of concern’
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.
I wonder if these things are connected? A huge Japanese bank might be the next to go under.

Seems like China and US are both waiting for a big bank to fail in Japan or Europe.
 

Michaelsinodef

Senior Member
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For people who knows chinese (or have a good translator), here's a pretty interesting podcast on Japan's economy.

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It goes into stuff like the '工匠精神' (myth of japanese craftsmanship), social and economic circumstances (herein promotion in businesses for younger japanese people, or more like, lack thereof) and other topics (such as the disaster relief of the 2024 earthquake, or again, more like the lack thereof lol).
 

horse

Colonel
Registered Member
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?

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.
 

Randomuser

Senior Member
Registered Member
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.
Seems the trend is to consolidate everything under a few entities these days. The days of individual ownership is long gone.
 

Serb

Junior Member
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BlackWindMnt

Captain
Registered Member
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.









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.
 
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