They should bankrupt. More we subsidy zombie companies, more problem we will have in the future. Bankruptcy is a good thing it clears the market from inefficient companies.
First problem is inflation. This stimulus will lead to the money losing it's value or in another words inflation. Savings keepers will lose everything they worked for all their life.
Second, work and pay inequality. If you keep subsidy that small companies their staff getting paid for doing nothing or pretending that they are busy (Japanese Airlines, Hotels etc.). Now the person that stends there make money as person who sweats and actually works in let's say factory or as an English teacher make money too, but trust me people prefer not to sweat and take money.
I know it's virus situation but this can't be saved. It's the best moment to change the old system.
4 ( +4 / -0 )
Ohh great I always wanted to live in rural Shikoku and work on the farm or some simple job like that. Although my wife always argue how life is "convenient" in Tokyo. I keep teasing her, where is your convenience now? She could work remotely as she is doing it already since March this year.
Plus the Japanese government gives you incentives, like cheap house that you can own after all. I know it's not the best condition, but cmon this Tokyo crowded and small size houses are ridiculous. Anyway I think in the future we will have cheaper housing as society is getting old and immigration is low.
5 ( +6 / -1 )
I actually registered as an Olympic Volunteer, and I'm terrified to put my life on the first line just for the idea of Olympics. It's too hot, corona virus is everywhere, and they don't have transportation allowance.
3 ( +5 / -2 )
Finally trending down! Good job government with our leader Shinzo Abe!
Do we still have to wear the masks? because it's a little bit bothersome to use this one-time mask for 4 months now.
-19 ( +5 / -24 )
That's great news!!
With a lot of elderly Japanese drivers who shouldn't be behind the wheel anymore as they cause more and more accidents plus ageing society that will be in need of those kind of services in the future as someone will have to take them to the hospital.
The other solution is to hire foreign drivers, but with the Japanese unwillingness to accept gaikokujins it's unachievable, especially in the situation like Corona Virus.
Anyway robotization is the way to go!
-5 ( +1 / -6 )
Im going from Tokyo to Aomori this weekend there was no infection there yet so I feel safe not wearing mask. Please enjoy your holidays guys! If government says it's safe it safe!
-26 ( +5 / -31 )
If you did something bad to someone you should pay for it. That's my opinion, no excuses that it was already paid etc. until the last Korean that was forced to slavery during that time is still alive, Japan has to pay. This is my opinion. My grandma took survived II World War is still alive to this day, but stories she told me about what Germans did were terrible.
-7 ( +4 / -11 )
Guys I told you already Go To Travel wasn't implemented for travelling it is the biggest money transfer. Shinzō Abe knows that he is experienced politician, I believe you didn't buy this story about him making this kind of mistake.
3 ( +6 / -3 )
Im so relieved!!! Shinzō Abe is great politician and knows what he is doing. No need for state of emergency, I'm going to pack my backpack and get ready for travelling!
-29 ( +18 / -47 )
Stay safe, go outside!
-3 ( +20 / -23 )
Nothing can stop Japanese economy いけいけ！Kuroda San and Abe should get nice bonus for how they manage the situation!
-3 ( +0 / -3 )
Guys it's not what you think it is. No one cares about GO TO campaign, all that is for the to get the money. It's the biggest money transfer in the history, before the system collapse! Open your eyes!
-2 ( +3 / -5 )
This stainless steel economy of Japan. I'm impressed, Kuroda San from Bank of Japan and Shinzō Abe at their best.
US -30% slump, entire world -20% while Japan -2.2%
I told you guys, have faith in the government!
-10 ( +0 / -10 )
I still remember that, it was 10 years after I moved to Japan. Terrible tragedy.
0 ( +0 / -0 )
Hurry, finally some supply to the front lines. I hope when unemployment will be high they will serve the food to everyone in need.
-2 ( +1 / -3 )
I could say "I didn't say so" but it's not time for that.
Last call for the government to wake up. There is not much time to act, as winter is coming soon.
If we won't contain it soon, winter will be Coronavirus harvest time.
I can expect important announcement from Koike today or tomorrow.
0 ( +13 / -13 )
Good move by President Donald Trump! Shinzo Abe should learn some leadership skills from this guy.
-15 ( +20 / -35 )
Not surprised at all, everyone knows what the next step will be, I already mention it few times. Let's have a faith in Shinzo Abe and Koike San to crush it before it will get worse.
-50 ( +4 / -54 )
Great news! Abenomics at it's best!
-8 ( +0 / -8 )
Good we need another round of 100 000 yen and two masks.
0 ( +0 / -0 )
I think government should focus on boosting the tourism sector by lifting virus ban entry for Chinese tourist. Residents can wait to return to Japan.
-39 ( +5 / -44 )
It's a good time for consumption tax increase.
-1 ( +0 / -1 )
I'm sorry but even with vaccine we won't be safe. Because it's a virus it's going to mutate, kind of like flu virus mutates every year.
-3 ( +3 / -6 )
Looks like a bad luck is still over Fukushima, let's hope for the best in their way to recover.
-3 ( +5 / -8 )
kurisupisuToday 05:32 pm JST
You are suggesting to buy gold now?
The time to have done that has long gone....
It doesn't matter if you invest in Gold now or in 10 years. Gold is a storage of value. The best example I read about is:
"In 1925 Ford T-Model cost 260$ and gold price per ounce was $20.67. So you needed roughly 12.5 ounce of gold to buy a Ford T-Model. However, nowadays everyman car Ford Fusion cost 22 000$. If you still have that 12.5 ounce of gold times the price of gold now (1950$?) 24 375$"
It doesn't matter if the price of gold is 10 000, 20 000$ because Gold value didn't change. The value of dollar decreased. So actually the money you hold now is worth less because you have to pay more for Gold.
It's going to continue. Cheers mate.
2 ( +3 / -1 )
Well, I'm not surprised at all, Japan had that problem for a very long time but CoronaVirus finished what the bubble in 90s couldn't do. It's time for new Japan, but this will take ages to build, since mentally the Japanese people are not ready for this change, they want life-long employment, 4 bonuses a year (just for coming to work on time), social benefits and God know what else.
Well, I can tell you those days are long time over. If you would take it in 90s as an Adult we would be in different situation, but look 2 trillion here, 5 billion there, X million for Dentsu etc. Yayaya you can't buy everything that would be communism, but wait isn't it?
Anyway guys, take care of yourself and my advice is to transfer your money to the USD or Gold, Silver anything else before Japanese monetary system will collapse. The end of September is last month for government aid.
-2 ( +6 / -8 )
Well, I think Tour de France should be Tour around the France not tour around the world. What Mount Fiji has to do with race?
-5 ( +0 / -5 )
Good move, limiting tables to 4 in the crowded izakaya will decrease a danger of being inflected.
-2 ( +2 / -4 )