"... all seating is roped off with plastered signs indicating it is due to "social distancing". Hard to see the logic."
I am seeing that too. Authorities are reducing public spaces by blocking them off, thereby cramming more people together as part of "social distancing." Japanese logic, I guess.
18 ( +19 / -1 )
I expect that quite a few foreign residents need to be here to care for their school age kids, paying the mortgage, paying taxes, fulfilling obligations to employers, and all the other stuff than normal, responsible adults need to do. Or, I guess the govt doesn't consider us "normal."
24 ( +26 / -2 )
Athletics, cycling, fencing, gymnastics, shooting, swimming, weightlifting.
That's all you need.
0 ( +8 / -8 )
Inflation. Money might be losing it's value in the future
People have been saying that over the past 20 years and they're always wrong. the 10,000 yen note in my wallet can buy more now than it can 20 years ago, despite a massive amount of money creation over that time.
0 ( +1 / -1 )
Where is this confidence coming from?
Investors look ahead. Unemployment is a lagging indicator, they're interested in the leading indicators. Nearly all view the current situation as being temporary.
I'm just really happy. My retirement nest egg is back to being healthy again.
No thats just the $3trillion in stimulous money
If an economy can produce that much money instantly, and it has basically no or only temporary effects on the macro trends, then that underscores the strength of the US economy and definitely gives investors something to cheer about.
0 ( +2 / -2 )
Trump has already said that a vaccine developed in the US will be for Americans.
Why wouldn't the Japanese subsidiary of the foreign firm make and distribute the vaccine in Japan? All the major pharmas are multinationals with subsidiaries or at least partners in Japan that could be licensed to do the job.
Abe's strategy risks pouring resources into a large number of potential losers, rather than focusing on the smaller number of the most promising ones.
-1 ( +1 / -2 )
Japan's enthusiasm for globalization is fading fast.
The only shortages I remember in Japan are butter and toilet paper - both of which are supplied almost entirely thru domestic supply chains.
0 ( +4 / -4 )
The 7-day running average is the stat the government should be stressing in its PR, not the day to day figure, which is highly volatile and thus confuses and stresses out the public. Anyone who follows the stock market or measures their weight loss progress knows this. Anyone who studied stats at college should know as well.
13 ( +13 / -0 )
Why are an advertising company, a marketing firm and a staff recruitment agency handling applications for business subsidies? None are qualified for the job, it would seem.
Anyway, the government should require the "council" to subcontract its work through public tenders. Problem solved.
13 ( +13 / -0 )
If he bought them directly from an importer, then how can he be accused of "reselling" them?
3 ( +3 / -0 )
Sera said she was worried about the long-term effect of accumulating more public debt, which could raise doubts about the sustainability of Japan's economy.
Huh? "Doubts"? Doubts among whom? Not global investors, who load up on the yen whenever uncertainty arises. Not stock investors who have made the TSE one the world's best money makers. Not local companies, whose capex has been rising.
I can't believe people get paid to repeat the same (dangerous) misinformation over many years, which has been disproved so many times.
0 ( +0 / -0 )
Picked on in school?!?! If she were my high-school classmate back in the day, that would be the last thing I'd be doing toward her, if you catch my drift. I'd be doing the exact opposite. Phroarrr!!
-2 ( +3 / -5 )
The incident in Minneapolis has very little to do with other countries and nothing to do with F1 racing.
The new trendy left believes that anyone who doesn't constantly agree with their specific beliefs and don't submit to their every demand is automatically a racist.
3 ( +4 / -1 )
Japanese stocks have shown great resilience, and I had solid gains on my holdings until the woo-flu. Now the indexes are back to October levels. The question mark is the state of the real economy over the next year or so.
The stock price of Company A should reflect the health of Company A.
Corporate Japan was healthy up to the virus. Investors view the situation as temporary, and to returning to normal once a vaccine or effective treatment is created. Investors look ahead, rather than at now.
-2 ( +0 / -2 )
"Compensating for losses from stock trading?"
He must be a very bad or very unlucky investor, because the major indexes to date have recovered to their levels of around October. Maybe he put everything into REITs.
-2 ( +1 / -3 )
Last week we were sitting on a lovely garden veranda at an English pub for lunch amid the warm sunny spring weather. Then a group of four sat at the next table and they all lit up. The scent of the potted flowers turned to the stink of burning tobacco and the 7,000 other chemicals including carcinogens in cigarettes, which we were forced to breathe in, so we had to re-locate indoors. Our lunch wasn't ruined, but it came close.
There is a degree of success with the new program, I guess, but attitudes in Japan still need a lot of work.
-1 ( +2 / -3 )
Nothing about the Vision Fund and Masayoshi Son's running of it should surprise anyone anymore. It's
insane at every level. This is the guy, Misra, who's also accused of staging a honey trap sexual blackmail plot against a colleague, and so on.
1 ( +1 / -0 )
"....a report compiled earlier by a Tenma-commissioned panel that looked into the case."
I imagine that if an independent panel examined the allegations, they'd find a lot more "interesting" things about Tenma and its "activities."
8 ( +8 / -0 )
The BoJ is the world's great innovator. Watch as others copy its actions.
-3 ( +0 / -3 )
If they make above a certain amount, they shouldnt receive full benefits at all
The nenkin pension system is not a government handout: it's a contribution-based plan like insurance. People get it because they pay into it. Denying contributors the payments is basically theft.
1 ( +1 / -0 )
The workers in Japan facing the brunt of those cuts are often workers without job security - part-timers, contract workers and temporary workers,
So Japanese managers need to desperately cut costs. What do they do? They fire the most cost-effective segment of their workforce, while retaining the most costly ones. Then watch as they go crying to the govt for a bailout.
7 ( +7 / -0 )
Stop blaming China
That's like saying stop blaming the fossil fuel industry for greenhouse-gas emissions. If people refuse to make a clear and accurate determination of a problem's causes and origins, then the problem can never be solved.
Blame Abe, he could have shut things down here sooner than he did,
Remember when Abe called on all the schools to close way back in February? Nearly everyone on this board (not me) was filled with vitriol over that prompt decision. Turns out they were wrong.
0 ( +2 / -2 )
Even after a vaccine, I expect people arent going to be very enthusiastic about sharing their work/travel spaces with hundreds of strangers.
0 ( +0 / -0 )
Viruses don't care about nationality.
True, but in this case it jumped from wildlife to humans as a direct result of illegal and unethical behavior by individuals connected to the Wuhan Seafood market....in China, the latest research strongly indicates. SARS was exactly the same. This time let's do something.
This was a human-made preventable crisis, and those responsible need to be held responsible as part of the process to prevent this from happening again.
4 ( +4 / -0 )
China paying the world $10 trillion in reparations for tanking the global economy and killing hundreds of millions of innocent people may improve its standing.
8 ( +8 / -0 )
Same can be said of the US.
That's true. Same also with Canada, UK, Australia, Singapore, etc.
no other nation will lend them money,
Yeah, right. US Treasuries are a global investors' favorite. The US has never had trouble issuing debt in modern times.
-3 ( +2 / -5 )
Money is pretty much irrelevant at this point.
Feel free to give me all the yen cash in your savings account and wallet, for I shall free you of the interminable burden, brother.
Many economists of doom have died since: I'm here waiting for it to happen.
It can't happen -- unless ignorant politicians want it to happen. By ignorant, they would believe that fiscal debt in a currency sovereign nation works exactly the same as private debt in a household. Insane, yes, but it's scary how many people believe that, including those who should know better.
-2 ( +0 / -2 )