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Abe is finished, no more tools to revive economy, now -ve interest rate!!!

krafty

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The Bank of Japan on Friday adopted a negative interest rate policy to spur lending and help drive inflation towards its two-percent target.

The -0.1 per cent interest rate introduced by the BoJ means that banks parking their money with the central bank are actually charged for doing so.

By penalising the banks for hoarding their cash, the BoJ is giving them the incentive to loan the money out, thereby pumping more cash into the economy and, hopefully, boosting economic activity.

http://www.businesstimes.com.sg/gov...Echobox&utm_medium=Social&utm_source=Facebook
 
Monetary policies to generate growth only creates bubbles.

The problem is demand, not supply.

Right-wingers always address economic problems from the supply side. It is demand, stupid.
 
Wrong! Japan is preparing to start war with NK to avert financial crisis, Abe as smart as PAP:

http://www.mb.com.ph/japan-orders-military-to-prepare-to-destroy-north-korea-missile-2/

Japan orders military to prepare to destroy North Korea missile
by AFP
January 30, 2016

Tokyo, Japan – Japan has ordered its military to be ready to destroy any missile fired by North Korea that threatens the country, local media reported Friday, as concerns mount that Pyongyang is preparing a rocket launch.

Defense Minister Gen Nakatani issued the order, the Nikkei daily and Kyodo News reported, after reports of suspicious activity at Pyongyang’s main satellite complex fuelled speculation a launch could come as early as next week.

A Japanese defense ministry spokeswoman declined to confirm the report when contacted by AFP, saying that ‘’would reveal our strategy.’’

‘’But we are taking all possible measures to respond (to a missile launch) by collecting information and coordinating with countries concerned,’’ she added.

North Korea is banned from using ballistic missile technology by UN Security Council resolutions, so any launch would further raise tensions among the international community only weeks after its latest nuclear test.

Two US defense officials confirmed to AFP on Friday there was ongoing activity at the North’s Sohae satellite complex, which Pyongyang has been upgrading to handle larger, longer-range rockets since 2013.

Their comments came after Japan’s Kyodo News, citing an anonymous government source, said satellite imagery showed increased movement at Sohae that could suggest a launch as early as next week.

Japanese Foreign Minister Fumio Kishida held telephone talks with US Secretary of State John Kerry on Friday, about the possible launch.

‘’We can’t deny the possibility that North Korea will take further provocative action,’’ Kishida told reporters, adding that he and Kerry had “exchanged information on how to cooperate from now on.”

Japan deployed surface-to-air missile defenses in 2012, the same year North Korea put a satellite into orbit with its Unha-3 carrier.
 
Wrong! Japan is preparing to start war with NK to avert financial crisis, Abe as smart as PAP:

http://www.mb.com.ph/japan-orders-military-to-prepare-to-destroy-north-korea-missile-2/

Japan orders military to prepare to destroy North Korea missile
by AFP
January 30, 2016

Tokyo, Japan – Japan has ordered its military to be ready to destroy any missile fired by North Korea that threatens the country, local media reported Friday, as concerns mount that Pyongyang is preparing a rocket launch.

Defense Minister Gen Nakatani issued the order, the Nikkei daily and Kyodo News reported, after reports of suspicious activity at Pyongyang’s main satellite complex fuelled speculation a launch could come as early as next week.

A Japanese defense ministry spokeswoman declined to confirm the report when contacted by AFP, saying that ‘’would reveal our strategy.’’

‘’But we are taking all possible measures to respond (to a missile launch) by collecting information and coordinating with countries concerned,’’ she added.

North Korea is banned from using ballistic missile technology by UN Security Council resolutions, so any launch would further raise tensions among the international community only weeks after its latest nuclear test.

Two US defense officials confirmed to AFP on Friday there was ongoing activity at the North’s Sohae satellite complex, which Pyongyang has been upgrading to handle larger, longer-range rockets since 2013.

Their comments came after Japan’s Kyodo News, citing an anonymous government source, said satellite imagery showed increased movement at Sohae that could suggest a launch as early as next week.

Japanese Foreign Minister Fumio Kishida held telephone talks with US Secretary of State John Kerry on Friday, about the possible launch.

‘’We can’t deny the possibility that North Korea will take further provocative action,’’ Kishida told reporters, adding that he and Kerry had “exchanged information on how to cooperate from now on.”

Japan deployed surface-to-air missile defenses in 2012, the same year North Korea put a satellite into orbit with its Unha-3 carrier.

abe and his japanese men are balless, they won;t dare take on NK. if they start to bully NK<China, NK's big brother will come in and shove their nuclear missiles up abe's arsehole.
 
Japan' population is shrinking. But Tokyo is growing. So whatever growth, is clouded by negative population growth. But you can see their per capita income is growing.
Under Abe, tourism is booming. And soon, Japan's military industry can earn income starting from their submarine deal with Australia, to further boost their economy. There will be a long list of countries waiting to buy arms from japan. Especially Philippines and Vietnam. The co prosperity sphere created during WWII is turning to be a reality encircling china from the pacific.
 
Japan' population is shrinking. But Tokyo is growing. So whatever growth, is clouded by negative population growth. But you can see their per capita income is growing.
Under Abe, tourism is booming. And soon, Japan's military industry can earn income starting from their submarine deal with Australia, to further boost their economy. There will be a long list of countries waiting to buy arms from japan. Especially Philippines and Vietnam. The co prosperity sphere created during WWII is turning to be a reality encircling china from the pacific.

in the 1990s, japan also resort to -ve interest rate, see what happen after 20+ years, the economy is still stagnant and they are still in deflation. jap pple are not so smart after all cos' they are at their wit's end already. haha...banzai!:oIo:
 
Those undergrads studying banking/commerce got bleak future. No more jobs for bankers and very soon banks will start closing down as no one is keen to borrow money from banks.

Strangely LOAN-SHARKS still charging HIGH INTERESTS compounded daily and still remain in business!
 
Japan's scandals, shaky economy erode Abe's support as polls loom

Voter support for Japanese Prime Minister Shinzo Abe slipped to below 50 percent in a weekend opinion poll, sending a warning signal to the government with an election less than six months away.

Overall support for Abe's cabinet slipped to 46.7 percent, down 7 points from late January and the lowest rating in six months, according to a survey conducted by Kyodo news agency. Disapproval rose 3.6 points to 38.9 percent and 77.7 percent of the respondents said they felt the administration was "growing slack."

Abe took office at the end of 2012 and has enjoyed unusual longevity for a Japanese prime minister. He has ridden out a series of scandals that ensnared several cabinet ministers, including last month's resignation of Economy Minister Akira Amari -- a close confidante and an architect of Abenomics -- over a money scandal.

But the scandals, gaffes and now doubts about economic policy -- including the Bank of Japan's (BOJ) decision last month to implement negative interest rates -- is starting to take a toll before July's election for the Upper House of parliament.

"The decision for Amari to quit was made promptly and seemed almost clear cut, so that didn't harm ratings so much," said Atsuo Ito, a commentator who has written books on the mathematics of politics.

"But if a lot of other things pile up, it's inevitable that voters get the impression the administration is growing sloppy -- and I think that impression is strengthening."

SHRINKING ECONOMY

In the three weeks since Amari resigned, a lawmaker from Abe's ruling Liberal Democratic Party (LDP) quit after revelations of an extramarital affair and Communications Minister Sanae Takaichi warned the government could order broadcasters to suspend operations if it felt they were biased, raising concerns about press freedom.

An additional blow was the release of data last week showing Japan's economy shrank more than expected in the final quarter of last year as consumer spending and exports slumped.

The BOJ's decision rattled respondents in the survey, with 82.2 percent expressing unhappiness about it, which Ito said should really be taken as a measure of feelings about Abenomics as a whole.

"The scandals are one thing, but it's the economy that really has the government rattled," Ito said, noting that the economy was likely to be the trump card in any decision over the timing of a snap election.

Speculation has been simmering for months that Abe might dissolve parliament's lower house and call a snap election, with scenarios including a lower house poll in April, an election for both houses in July or a snap poll in December.

Koichi Nakano, political science professor at Tokyo's Sophia University, said the slip in Abe’s support could, perhaps counter-intuitively, encourage him to call a snap election sooner rather than later, before support for his cabinet slides further and while the opposition camp is still in disarray.

Overall support for the largest opposition party is languishing at 9.3 percent.

"If polls in another month show a bit of a shocking decline, then that might be the moment to decide what to do (about a snap election)," Nakano said.

"If it’s another seven points, he might say he cannot call a snap election but if it’s three points or less, he might do it, knowing more bad news is coming."

(Reporting by Elaine Lies. Additional reporting by Linda Sieg. Editing by Bill Tarrant.)

http://in.reuters.com/article/japan-politics-abe-idINKCN0VV0KS
 
If only PAP rules Japan all these wouldn't happen.
 
Japan' population is shrinking. But Tokyo is growing. So whatever growth, is clouded by negative population growth. But you can see their per capita income is growing.
Under Abe, tourism is booming. And soon, Japan's military industry can earn income starting from their submarine deal with Australia, to further boost their economy. There will be a long list of countries waiting to buy arms from japan. Especially Philippines and Vietnam. The co prosperity sphere created during WWII is turning to be a reality encircling china from the pacific.

japan will not risk going to war with china,the china today is a completely different beast from the china of the 1930s,the stakes are too high,if japan fails to takeover china,which they already did once during wwii,china is just too large and too populous for them to occupy,china will sieze the opportunity and excuse to invade and occupy the rest of asia,soon there will be a new iron curtain and power bloc in the east,one Chinese Communist Soviet party to rule us all!!!!
 
Xijinping's commandos should capture Abe Shinzo, detain him on 钓鱼台 island, torture him several months to death. This will educate USA & Japs, want to compete for resources in the regional waters.

Civilized politics wasted fucking time. Prolonged Fucking problems. Never capable of effective communications.

Fucking so kind? Want not to kill? Not to bleed? Not to hurt? Not to distress? Not to alram? Not to panic? Want to be pleasing every bastards? What justification is there for all these bastards to be so spoiled and pampered? Eliminate all of them wholesale! That's what they all well-deserved.
 
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Japan' population is shrinking. But Tokyo is growing. So whatever growth, is clouded by negative population growth. But you can see their per capita income is growing.
Under Abe, tourism is booming. And soon, Japan's military industry can earn income starting from their submarine deal with Australia, to further boost their economy. There will be a long list of countries waiting to buy arms from japan. Especially Philippines and Vietnam. The co prosperity sphere created during WWII is turning to be a reality encircling china from the pacific.

Japan does not have the competitive advantage when it comes to selling weapons. Due to the relative small size of JSDF, they cannot produce in bulk. Take. F-2 fighter for example, it cost them USD127 m per unit whereas F16 only cost 1/3 of this.

Secondly most of the core technologies of their equipment comes from USA. Why should USA allow japan to compete with them?

Lastly weaponry procurements cannot be view purely as a commercial transaction. It always associate with political factors. If a country is already using equipments from US and other western countries, why should they want to switch to japan? Take Vietnam for example, they are already using Russian equipments, you think they will want to buy equipment like Japanese type10 MBT?
 
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