Yen slips in Asian trading as Abe steps up pressure on BOJ

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  • 1

    herefornow

    Semperfi, I know that economics is not your strong point,

    Dog...if you find out what Semperfi's strong point is, please let the rest of us know.

  • 0

    semperfi

    It's good for exports - - the playing field is becoming more even and J products ( & esp. small companies) have a fighting chance now.

  • 0

    Betraythetrust!

    The problem with Noriko Hama is that while she can see many things she fails to see that the world system is the fault not government policies. I used to think that she spoke sense until i understood what is really going on.

    There is an elite that are manipulating us all, our governments, their policies, everything. This elite are tied to corporations, and can even cause wars and more. Their influence grows stronger by the year, Japan was isolated from this but is now a fully fledged member. Watch as the rich get richer and the rest work longer hours for less pay and more debt.

    Think i am a nut? Then you haven't watched what has happened in the last 3 to 4 decades worldwide.

  • 0

    globalwatcher

    Betraythetrust!Dec. 25, 2012 - 03:41AM JST

    The problem with Noriko Hama is that while she can see many things she fails to see that the world system is the fault not government policies. I used to think that she spoke sense until i understood what is really going on.

    hmmm.. a very interesting observation. I believe she blames J. Gov. failing policies. "world system is the fault", I did not get that view as you do. Maybe I am missing something, I will re-read her writings again.

  • 0

    globalwatcher

    jeff198527Dec. 25, 2012 - 08:09AM JST

    Globalwatcher, why is it you liberals think the perfect economy is one where nobody produces anything?

    Jeff, I do not understand your question. Would you please elaborate further, so I can respond to you. Thanks. Keep it mind, there is a difference between liberal and the Liberalism.

  • 0

    Farmboy

    The dollar fetched 84.38 yen from 84.25 yen, while the single currency bought $1.3183 from $1.3181.

    Some "slip."

  • -1

    some14some

    It's a seasonal drop. j-travellers always at disadvantage during year-end travel !

  • -1

    globalwatcher

    semperfiDec. 24, 2012 - 03:01PM JST

    It's good for exports - - the playing field is becoming more even and J products ( & esp. small companies) have a fighting chance now.

    Increasing exports by the government? What economic model are you talking about? This sounds like a communism to me.

  • -1

    globalwatcher

    DogDec. 24, 2012 - 04:09PM JST

    The economic reforms............. well let's begin with the social reforms..... let's just begin, instead of returning to the Hosegawa pork barreling of 1990.

    Amen to this!!

    Let's bring back a basic concept of Capitalism to Japan that is Increasing a Domestic Consumption and Investment spending equating Economic Growth. Increasing Exporting and Investment spendings old model has failed and needs to be changed.

  • -1

    globalwatcher

    read the article today by Prof Noriko Hama, who by the way is the No 1 authority on the Japanese economy.

    I found that Prof. Noriko Hama-she is a realist and a rock in economics. I really like her.

  • -1

    jeff198527

    Globalwatcher, why is it you liberals think the perfect economy is one where nobody produces anything? Japan hasn't had a bubble in 23 years while almost half of America is on welfare while the other half earns $7.25 an hour doing service jobs.

  • -1

    globalwatcher

    Because we, USA actually may go off the cliff and it has nothing to do with this topic.

    December 24, 2012 7:19 PM PrintText "Fiscal cliff" deal could fall in Harry Reid's hands

    http://www.cbsnews.com/8301-18563_162-57560765/fiscal-cliff-deal-could-fall-in-harry-reids-hands/

  • -1

    globalwatcher

    The imperfect economy is when you over produce want the world doesn't want or cannot afford. This borders on soviet style 5 year plans.

    A good developed economy is where you produce things and services that both your domestic consumer and the world market want and can afford.

    Dog, excellent post. Exactly that!!

    The biggest problem of Japan's economy is that they are just focusing on exporting products that nobody want. They are all missing a big bang in products-no innovation. I would like to suggest products in medicine serving for both domestic and global markets. It is great for growing population of Japanese seniors while the medicine has no trade barriers. Anyway, I am all for economic reform of Japan. This is a big task, but it can be done.

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