YankeeX comments

Posted in: Japan launches intelligence satellite to monitor weather, N Korea See in context

Monitor weather, wink wink!

7 ( +10 / -3 )

Posted in: Kishida's intention to raise consumption tax in focus at Diet See in context

Cut wasteful spending before raising taxes. Blows my mind to see no cares that supplement budgets being used up in Feb / March by constructions companies annually.

8 ( +9 / -1 )

Posted in: Finance chief: Japan's fiscal health worsening on unprecedented scale See in context

Yes, debt and fiscal responsibility does matter. People need to wake up to the alarming deterioration of economy and country as a whole. Waiting and hoping for the best is not a solution.

4 ( +5 / -1 )

Posted in: BOJ undeterred by threat to consumers from above-target inflation See in context

Stagflation is a real issue in Japan. BOJ needs to acknowledge the problem and Kuroda needs to pop the bubble he's created. BOJ has lost all credibility.

13 ( +14 / -1 )

Posted in: Japan posts record trade deficit of ¥19.97 trillion in 2022 See in context

With the deteriorating economy/industry/ aging shrinking demographic and a stubbornly dovish central bank, wondering the future of the yen!!

0 ( +8 / -8 )

Posted in: Kishida to discuss gov't, BOJ roles with new central bank head See in context

Raise interest rate to return BOJ/Japan's creditability. Zombie companies need to die in order for resources and capital to be properly reallocated. The rest of the world is passing Japan by.

-1 ( +3 / -4 )

Posted in: Nikkei ends at 10-month low on BOJ tightening fears See in context

The end of QE for a while and ETF purchases by the BOJ. The Nikkei is completely distorted anyhow. Must of been weird getting dressed up to watch the market drop. LOL

0 ( +1 / -1 )

Posted in: Japanese fund secures ¥1 tril to buy Toshiba See in context

METI again ?

5 ( +7 / -2 )

Posted in: Yen, inflation at levels unseen in decades not likely to sway BOJ See in context

MMT / currency crisis / hyperinflation all on the horizon. Decades of money printing/ irresponsible government spending and stagnate economy will do that.

3 ( +5 / -2 )

Posted in: Approval for Kishida gov't falls below 30% for first time See in context

Popularity is sliding along with the yen

1 ( +4 / -3 )

Posted in: Business sentiments cool as cheap yen, costs weigh on Japan See in context

Debt does matter. Printing money and artificially keeping interest rates low to fund unproductive companies and government spending comes at a cost. Stagflation at best, financial crisis at worst

4 ( +6 / -2 )

Posted in: Japan floats issuance of gov't bonds for more defense spending See in context

Let's weaken the yen more and blame it on foreign funds shorting the yen

-2 ( +4 / -6 )

Posted in: 9 men sent to prosecutors over alleged orgy with high school girl See in context

Very sad to see but no surprise if you've seen any Japanese pornography

1 ( +8 / -7 )

Posted in: From watermelon to waterpizza: We tried making fruit pizza to beat the heat See in context

Gross

-3 ( +1 / -4 )

Posted in: With reshuffled cabinet, Kishida gets to work in choosing next BOJ head See in context

Good luck! No one in their right mind would want the position. Kuroda should exit his monster QE policy before handing it off.

1 ( +1 / -0 )

Posted in: Japan's population falls by record 726,342 to 125.93 mil in 2021 See in context

The population decline is going hand in hand with the economic decline. Unfortunately demographic issues like this will take decades to rectify if at all.

0 ( +13 / -13 )

Posted in: BOJ buys record ¥16.20 tril in gov't bonds in June See in context

Got to fund irresponsible government spending to preserve the wa

-3 ( +0 / -3 )

Posted in: Nikkei ends higher in 4-day rally on weak yen against U.S. dollar See in context

BOJ now owns 50% of all outstanding Japanese Government Bonds. Now that's news. Oh, 80% of ETF market as well.

0 ( +1 / -1 )

Posted in: Kishida, BOJ chief discuss rapid fall of yen See in context

Devaluing the currency to help exporters for decades is now biting them in their you know where. Debt does matter and there are limits to irresponsible government spending

6 ( +10 / -4 )

Posted in: Gov't asks companies, households across Japan to save power See in context

Clowns running this country

6 ( +13 / -7 )

Posted in: Yen sinks to 20-year low against dollar See in context

Desperate to keep asset prices high for the wealthy few will run the yen and Japanese households into the ground

0 ( +4 / -4 )

Posted in: Monetary tightening not suitable at all: BOJ chief Kuroda See in context

History repeating itself. Kuroda refuses to pop the bubble he created and continues to devalue the yen while the rest of the world tightens. Playing with fire

9 ( +16 / -7 )

Posted in: Japan's wholesale prices jump record 10% in April See in context

Inflation amplified by massive QE. More stagflation will put pressure on Kuroda and BOJ

5 ( +7 / -2 )

Posted in: Japan FY2021 long-term debt hits new high above ¥1,000 tril See in context

Another point to the yen's slide

0 ( +5 / -5 )

Posted in: Bank of Japan hikes inflation forecast on soaring energy prices See in context

A decade of money printing and weak economic fundamentals is devastating the yen. Looks like a possible financial crisis and stagflation in the pipeline if they don't take action. Doing more of the same will only result in more of the same.

5 ( +17 / -12 )

Posted in: IMF says yen's rapid slide may hamper Japan's post-pandemic recovery See in context

Self inflicted through a decade of money printing and pumping up asset prices. China's economic slow down and worsening trade deficit will make 2022 a not so good year!

0 ( +2 / -2 )

Posted in: Ex-Nissan exec Kelly gets suspended sentence; judge slams Ghosn See in context

Crazy to see again how far the Japanese government will go to save face in their embarrassing attempt to protect their industry.

14 ( +23 / -9 )

Posted in: Tokyo reports 20,679 new coronavirus cases; nationwide tally 103,791 See in context

On Jan 30th, around 220,000 tests were taken with 72,000 testing positive which is 31%

3 ( +5 / -2 )

Posted in: Tokyo reports 20,679 new coronavirus cases; nationwide tally 103,791 See in context

Elementary schools were closed today so it's get worse along with the hospitalizations. Wonder if this could be another undoing of a Japanese PM?

11 ( +15 / -4 )

Posted in: Mental health issues show women bear brunt of Japan monarchy system See in context

Woman in Japan are treated less to their male counterpart generally. This applies across the board

14 ( +24 / -10 )

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