YankeeX comments

Don't think he's doing much studying being ranked last in his class and plagiarizing a paper for which he won an award.

It's a corrupt cartel run by JA and the government to artificially prop up prices. This scheme has been in play since the 50's, funded by Japanese taxpayers and unknowing consumers. Vested interests as usual and a stubbornness to resist reform.

I like my Californian rice as I know where my money's going.

This is about the 565 milllion USD breakup fee to paid to USS and loss of face. Both the Democrats and Republicans, Biden and Trump and the Steel Workers Union who are against the deal. Describing this as an uphill battle is an understatement.

Interesting how America's rule of law is so enshrined where a foreign company is able to sue the government for blocking a deal over national security concerns. If it was the other way around and METI rejected the deal, that would be the end of it.

The bright spot is Nippon Steel shares could rise as it would alleviate the funding concerns over the deal.

Should be suing the investment bankers who pitched the deal as a little due diligence would have flagged this as a massive antitrust issue. No government would allow the largest company in such nationally strategic industry to fall in foreign hands.

Look at METI blocking the potential acquisition of 711 convenience store.

It’s pretty embarrassing for Nippon Steel as it’s going to have folk over millions of dollars even as the deal fall thought, but wasting more money on lawyers ain’t going save face.

Only winner would be the investment bankers pushing this deal

What a steal at that price!!!

Counting them chickens........

Might want to move past fax machines and floppy disks first

Fish rots from the head!

Tatemae?

Real wages have been falling for the past 3 years.

As populous as Tokyo is, it's a very lonely place

Where's all this money coming from?

Japan's security infrastructure and cybersecurity is notoriously weak being a popular target amongst hackers worldwide. Sensitive information shared with Japan is often leaked with many moles within. Hence it's "complicated"

The yen's decline is based on Japanese's rapid economy and fiscal fundamental decline. The delusion that debt doesn't matter because it's domestically is coming home to roost. Sadly, nothing will change until it's too late.

Disappointing options but looks like another Trump presidency

Japanese rice is such a scam and now they want more money. Rice farmers are paid to not produce in order to artificially inflate the prices which is all orchestrated by the government and JA. Rice import tax is roughly 800% so you can imagine the corruption and inefficiencies. Of course the Japanese public end up flipping the bill.

1985 Plaza Accord BOJ prints to stimulate Asset prices rise Inflation BOJ increases rates in 1992 Crash of 1992

2012 Abenomics BOJ prints to stimulate Asset prices rise Inflation BOJ refusing to raise rates what's next ???

A lot of similarities to the past....

No surprise. It would be like the pot calling the kettle black.

No trade surplus with the yen at 157? Most be really bad

No amount of fiscal nor monetary spending can fix the structural issues. Time to wake up

Debt matters no matter if you own it or not. Japan is great example of the limitations of MMT. Scary future

Japan ceases to amaze.

Print trillions of yen to finance your reckless spending which in turn destroys your currency and then blame imports.

4.9 trillion of worthless yen

B-U-B-B-L-E ! ! !

How about Ueda from the BOJ acknowledging that he might have to raise interest rates to shore up the yen?

The government is fooling no one. Hesitance to raise interest rates is the acknowledgment of an asset bubble resembling the earlier 1990's. Inflation has outstripped any wage hikes over the past three years, hence the terrible stagflation. CPI excludes food and energy so the pain is real.

Stock market /price has never been a clear indicator of the fundamentals of the economy or business. Take a good look at the Nikkei225. Tesla is a revolutionary company, transforming the automotive industry with it's tech and manufacturing prowess. At these levels, its a buying opportunity

China is Japan's biggest trade partner while America is Japan's security partner. Facing two ways so it's not too far off

It's a national security issue. It would raise eyebrows in any country if the largest steel producer was to be acquired by a foreign entity.