picture of the day

Abe-nomics

14 Comments

Liberal Democratic Party (LDP) leader and next Prime Minister Shinzo Abe speaks to the media after his meeting with Bank of Japan Governor Masaaki Shirakawa on Tuesday. Abe said that he has asked Shirakawa to consider establishing a 2% inflation goal.

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14 Comments
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Abe-comics !

4 ( +5 / -1 )

What is it? More bond issuing, construction, government projects, and less independence for the central bank???

Welcome back to 1975.

5 ( +6 / -1 )

It is nice to see any money I've saved quickly become worthless so the Toyota, Nissan, Honda zaibatsu can live it up!

4 ( +4 / -0 )

Abe-nomics will be worse than Reganomics. Abe has been kicked off from office in 2007. It will repeat again.

0 ( +1 / -1 )

Zenpun, that is a result of Japan's democratic choice, unlike China. We must go along with it and embrace it. This is the people's verdict in the election. Abe-nomics here we come!

0 ( +0 / -0 )

Any meaningful sell-off in the JGBs could trigger a serious problem in Japan’s banking system. The holdings of JGBs by Japanese banks account for 900pc of their Tier I capital

0 ( +0 / -0 )

Utterly hopeless

1 ( +1 / -0 )

This Abe reign is going to end in tears. They're just going to do things for the sake of doing them.

0 ( +1 / -1 )

Hold on to what little yen you have left. Abe and his cronies are out to get as much of it as they can ...

1 ( +1 / -0 )

Look at the guy next to Abe, looks like he's having an Abe-gasm !

2 ( +2 / -0 )

AbeNormal

2 ( +2 / -0 )

I can do that too, spend more.

0 ( +0 / -0 )

I just hope the new government won't drown in ritualism and will make some actual changes.

0 ( +0 / -0 )

This is the people's verdict in the election.

The verdict of 59.32% of the electorate.

0 ( +0 / -0 )

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