IMF cuts forecasts for Asia, warns region will be worst-hit

Japan is fine then.

There isn’t any monetary tightening happening at all. Japan can become the proverbial economic paradise, sometime…soon.

i have found sentence about prolonging of war in UA as reason for this.

question-why we are talking about prolonging of war and why never talk abt peace,ceasefire and negotiation around table say in Japan?if there will be serious effort about this killing could be stopped a long time ago!but sending of new outdated overpriced weapons from NATO countries stockpiles will definitely not stop this war and will just case more killing and prolonging of war.

get it right?

People living in Japan should be very appreciative of Kuroda's steady hand.

https://tradingeconomics.com/japan/central-bank-balance-sheet

Look at the balance sheet/QT, whilst IR remains supportive (what matters to people on salaries and business people with debt).

It's money printing (QE ) that causes inflation.

Compare with USA. Where QT is much slower than Japan's QT. Feds preferring instead to hurt people and indebted businesses by massive IR rises.

https://tradingeconomics.com/united-states/central-bank-balance-sheet

War in Taiwan will multiply woes tenfold. Japan and South Korea will be the worst hit since Americans will force them to defend Taiwan against China.

IMF, mouthpiece and economic/monetary policy enforcer for western global elites.

@moonbloom: What is a 'Western Global Elite'?

Multinational corporations and their backers.

John Pilger made a documentary about this which can be viewed on Youtube called The New Rulers of the World.

Here is a summary:

[ John Pilger’s documentary on globalisation brings together several of the themes that run throughout his work – the way in which superpowers use small countries as pawns in their global strategies, the courting of dictators by the West to open the doors to valuable resources and the exploitation of workers in those countries to provide riches in which they do not share. 

The New Rulers of the World puts the story of multinationals’ global domination into a political context and demonstrates how the West has increased its stranglehold on poor countries by using the might of the IMF, World Bank and World Trade Organization to control their economies. ]

Exclude China, committing economic suicide with Covid Zero on the long march back to Mao with a twist of Xi, and Asia will be in better shape than Europe, which is taking down its own economies with policies like Brexit, and trade and energy sanctions.

Asia will suffer to some extent from reduced economic interaction with China, but other nations in Asia are developing and expanding at a rate of knots and will take up the slack. There is huge growth potential across the region. Not so in Europe, which is short of money, workers and energy.

The US-inspired cold war 2.0, with trading blocks putting up the shutters, is not viable and will be dropped when the domestic political consequences hit home. The West simply doesn't manufacture enough and won't in the future. If the UK closed its borders to Chinese trade, it wouldn't be transitioning to digital, it would be transitioning to bakelite.

Most energy is obtained from dictatorships, whether in Russia, China, the Middle East or South America. The West is going to have to put a peg on its nose and keep buying from them, because when the lights go off, the regimes responsible will lose elections. They can try to blame it on Russia and manipulate the media all they want, but maintaining power is the baseline for government. Power cuts and you will be leaving office.

After five years of nationalist fantasies, the Tories in the UK were facing a comprehensive political wipeout and have now finally begun scrabbling back up the hill. Other nations will not want to go through that. I doubt anyone will be leaving the EU after the UK relegated its own economy and its own status. Politicians do idiot things, but when they feel the heat and face losing their jobs, they wind down the ideology and do whatever will save their skins.

As for high debt levels. Europe has been wading through the MMT faster than anyone. Turns out it wasn't free, MMT credit cards need paying too, and they can't emulate Japan. Now they are facing cuts when they need to spend money on green power. Austerity also wipes out your popularity. Buying votes with free money has a best before date.

I plan to have a nice holiday , American economy is booming ,even as the Feds try to slow it down

@moonbloom: I hope you realise I was being sarcastic. A 21 year old 'You Tube' Documentary. Right.