Japan Post's Y1.3 tril triple listing expected Nov 4


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japan is doing great, keep it up

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a three-part sale aiming to raise around 4 trillion yen over the coming four to six years to fund reconstruction from Japan’s 2011 earthquake and tsunami disaster.

There is no connection or relationship between selling off public assets (privatization) and the ability to pay for reconstruction. That is a logical fallacy. The Japanese government issues the Japanese currency, not the private sector, and the government's ability to issue yen has nothing to do with how many assets they give away in exchange for previously issued yen.

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Could be a good investment since company actually has cash backed by real savings of Japanese people. A lot of institutional investors could be jumping on the bandwagon.

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