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© (c) Copyright Thomson Reuters 2016.Abe orders new stimulus package after election win
By Stanley White and Tetsushi Kajimoto TOKYO©2024 GPlusMedia Inc.
15 Comments
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some14some
Abe orders Aso to monitor exchange rate, Abe orders Kuroda to release stimulus pack...One man democratic show (!)
SenseNotSoCommon
Concrete shares skyrocket?
gaijinfo
Abe is just following orders.
This was predicted last week. Bernanke visited Abe and instructed him to go forward with the "Helicopter Money" plan.
http://www.zerohedge.com/news/2016-07-11/something-big-indeed-came-bernankes-japan-visit-sparks-monster-rally-after-helicopte
redfender
They ought to get the printing presses goin high speed, print heaps of money and get guys on scooters to deliver it like newspapers!
Simon Foston
klausdorthJUL. 12, 2016 - 08:17AM JST
Abe did. The LDP pulled off a big victory thanks to bribing just enough of the right sort of people.
gokai_wo_maneku
Without structural reforms, you can "stimulate" the economy all you want, but you got NOTHING! In particular, you have to reform labor laws. Insecure empolyment (40% of the population) means no marriage, no babies, shrinking population, shrinking economy, doomed Japan.
MsDelicious
More infrastructure?
ThePBot
Then blames Aso and Kuroda for their failure of properly implementing a supposedly-fool-proof Abenomic policy.
bruinfan
More roads and bridges to nowhere...a sad waste to help his construction buddies. The standard of living will continue to drop for 80%-85% of Japanese. Glad that I changed most of my yen to other currencies earlier this week...
fxgai
Let's have a poll!
If you agree with the first bunch of economists, and think they are on to something, thumb me down. If you agree with the second bunch of economists, and think the first bunch are nuts for beating a dead horse like this, thumb me up.
kibousha
Don't miss it guys, buy nikkei, don't hold too long and sell them sometimes in the future when you think you've made "enough profit" from it.
Stewie
More roads and bridges to nowhere? The concrete economy is so last century.
Rana Sodhi
Hopeless I think With this speed population is shrinking, just imagine If the United States experienced a similar population contraction, it would be like losing every single inhabitant of California, New York, Texas and Florida — more than 100 million people.