Japan will über 20 Billionen zusammenbringen. Yen-Konjunkturpaket angesichts steigender Kosten
https://english.kyodonews.net/articles/-/65187
Japan will über 20 Billionen zusammenbringen. Yen-Konjunkturpaket angesichts steigender Kosten
https://english.kyodonews.net/articles/-/65187
7 Kommentare
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Is Takaichi trying to follow what was done in US Great Depression? If so, they taxed the top tax payers (e.g. Rockfeller). Haven’t seen this being brought up. Wondering where she’s going to finance all these spendings.
Time to buy more gold
I still cannot believe it that Japan is managing to trash its currency faster than the US…..
“What could possibly go wrong?”
(Looks at Japanese yields and the yen)
“Oh…”
They are probably at the crossroads of they can save the yen and let their bond market blow up or, save the bond market and let the yen inflate. One keeps the economy intake while the other will blow it up but keep purchasing power of the Yen.
Add it to the pile. (Of the largest debt to gdp ratio in the entire world at 237%, with number two being the US at 124%). Japan is in a death spiral. Gotta get that yen up to fix the stagnant wages and cost of living crisis. But if you try to do that with monetary policy, good luck not defaulting on the otherworldly debt that the government owes which means COMPLETE COLLAPSE. Absolutely cooked. They should dig Abe up from the grave to beat his rotting corpse in the streets for his idiotic attempt to haphazardly “reflate” the economy with Abenomics.