What do you think about all the buzz over 'Abenomics?'

Have Your Say Feb. 03, 2013 - 06:58AM JST ( 16 )

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16 Comments

-3

sengoku38Feb. 03, 2013 - 09:04AM JST

There's a lot to be buzzing about. If the yen gets too weak and we can't import food, 60 million people will die.
2

hotbertaaFeb. 03, 2013 - 03:09PM JST

The yen was 240yen to the pound less than 5 years ago, its now 145. People werent dying in the streets back then.
3

hotbertaaFeb. 03, 2013 - 03:10PM JST

By the same reckoning prices should have come down on imported goods. Prices have generally remained the same.
-1

Peter PayneFeb. 04, 2013 - 12:22AM JST

Hotberta, I think a lot of prices did come down, I know Apple products got way cheaper, and import housing wood from Canada (the only good thing of the yen being so strong was cheaper costs to rebuild after 3/11). Being in expert, and being one who things that Japan's companies need to be profitable again, I support the actions being taken so far.
2

WakarimasenFeb. 04, 2013 - 11:45AM JST

Not much. Same as Bernankenomics - will not end well for Japan.
-1

hotbertaaFeb. 04, 2013 - 01:37PM JST

Hi Peter, I was thinking more about food prices, which is what people have mentioned being something that might rise in price. Your right about apple products, I got some good deals on those. Cheaper than my home country.

As a whole I dont think the rise in the yen really reached consumers.

I'm with you on the weakening of the yen. I'm paid in pounds and so any decrease helps me and my family. I believe that is the case for the majority of families in Japan.
1

lucabrasiFeb. 04, 2013 - 01:41PM JST

I'm paid in pounds and so any decrease helps me and my family. I believe that is the case for the majority of families in Japan.

What??? Can't begin to understand what you're saying here....
2

GWFeb. 04, 2013 - 01:46PM JST

Japan is just going to get deeper in debt, more concrete, zero long term benefits, this crap dont work!!
0

davestrousersFeb. 04, 2013 - 02:00PM JST

I'm with you on the weakening of the yen. I'm paid in pounds and so any decrease helps me and my family. I believe that is the case for the majority of families in Japan.

It was 240 yen to the pound when I came here and 120 yen a year and a half later. Glad I wasn't being paid in pounds!
0

hotbertaaFeb. 04, 2013 - 04:53PM JST

lucabrasi - Japan is an export driven country, so a strong yen will effect companies, which will effect peoples work.
0

hotbertaaFeb. 04, 2013 - 04:55PM JST

davestrousers - yes, I know those values very well. It hasnt been an easy 4 years. I'm glad you can take some heart from it dave!
1

marcelitoFeb. 06, 2013 - 09:47AM JST

You are spot on with your post ,Patrick.
1

bruinfanFeb. 06, 2013 - 02:50PM JST

How is the "printed up" money spent? Not a cutting edge research (wind power, battery capacity, robotics, etc) --but mainly on more worthless wasteful construction projects.
0

ScroteFeb. 06, 2013 - 05:55PM JST

"Abenomics" means burying your head in the sand and driving the economy to bankruptcy and the Japanese people to penury. Still, that's what the people seem to want.
0

BertieWoosterFeb. 08, 2013 - 03:36PM JST

BUZZ?

"Japan's current account surplus lowest since 1985"

What buzz?

All I can hear is the roar of air rushing past as Japan plunges towards the ground.