Miscellaneous News

Thecore

Thecore

Junior Member
Registered Member
Franklin said:
This is what you get when you have the world's highest goverment debt to GDP with rising inflation and you still want to stimulate the economy with more debt.

Sanae Takaichi is the Liz Truss of Japan.

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I wonder how much in government bonds all the Japanese retail and commercial banks are holding. Because if the BoJ tries to increase rates even more to temper inflation, then we might see another Silicon Valley bank type situation in which interest rate risk becomes a huge factor and banks need to impair the value of their holdings which might mean possible bank runs because people don’t want to keep their money in a bank that might freeze their accounts to deal with their own issues …
 
O

Overbom

Brigadier
Registered Member
Bad luck. Japan will be the chicken I guess
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Beijing ‘absolutely does not accept’ Japanese leader’s seeming Taiwan climbdown​

Beijing has dismissed Japanese Prime Minister Sanae Takaichi’s latest remarks on Taiwan as “prevarication”, warning that it “absolutely does not accept” her continued refusal to retract comments made in early November.


On Wednesday, Takaichi appeared to attempt to dial down weeks of tensions when she told a parliamentary questioning session that Tokyo’s “fundamental position regarding Taiwan remains unchanged from that stated in the 1972 Japan-China Joint Communique, and there has been no change whatsoever to this position”.


However, she did not mention the contents of that document. She also did not, despite Beijing’s repeated insistence, withdraw her November 7 comment to parliament that an attack on Taiwan by the People’s Liberation Army could constitute a “survival-threatening situation” for Japan – one that could allow Tokyo to mobilise its military.
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