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© Thomson Reuters 2021Toshiba to return to Tokyo Stock Exchange’s top category
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© Thomson Reuters 2021
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Septim Dynasty
Toshiba was once the crown jewel of Japanese electronics industry. It was completely ruined by the American forced scaling down in 1980s and the subsequent trick of buying-bankrupting Westing House by Americans again. Now, it’s a rotten corpse being used by foreign investors to make more money in the imaginary markets called stocks.
This will be the coming fate of many Japanese giants and Keiretsus in the post-Pandemic world. The Western vultures and Chinese predators are coming soon.
fxgai
The BOJ will be in this situation with its JGB holdings should interest rates rise much more than 50 basis points.