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TravelingSalesMar. 02, 2015 - 02:16PM JST
Kuroda's great gamble is that he can effectively change much of Japan's interest-bearing fixed maturity obligations into zero coupon perpetual notes without causing the market for the perpetuals to collapse. Time will tell if he's right. Nowhere else has ever done this successfully, but Japan is better circumstanced to attempt it than any sovereign I can remember.
Posted in: BOJ chief defends inflation target
TravelingSalesMar. 02, 2015 - 11:25AM JST
Inflation is just a mechanism to take from lenders/savers and give to borrowers. In Japan right now, that's a good thing.
TravelingSalesFeb. 26, 2015 - 03:56PM JST
It's 70 years ago. Get over it already!
Posted in: Panel meets to discuss Abe’s speech for anniversary of WWII end
TravelingSalesFeb. 24, 2015 - 04:24PM JST
I wouldn't have a problem with gay marriage coming to Japan. Seeing what Japanese girls seem to think of the average young Japanese guy it might become the new normal.
However, I think it should come with and by the consent of the people and not be imposed by judges.
Posted in: The constitution does not rule out same-sex marriage, so an interpretation can be made that it is constitutional. Prime Minister Abe and the LDP don’t like the idea of same-sex marriage, but at the same time the issue is gaining momentum.
TravelingSalesFeb. 22, 2015 - 04:59PM JST
I think this kind of action needs to be expanded to benefit other minority groups. I have long been shocked by the dearth of Asian-Americans in the NBA and the NFL, the lack of Inuit-Americans in the National Surfing Championship, and the under-representation of male-Americans in the National Organization of Women.
We need some quotas!
Posted in: Civil rights groups to protest Oscars over lack of diversity
TravelingSalesFeb. 17, 2015 - 10:29AM JST
20% of Japanese live in Tokyo. 40% want to.
It's inevitable that real estate prices in the countryside will continue to drop and real estate prices in Tokyo will continue to rise.
Posted in: New law takes aim at Japan's glut of vacant houses
TravelingSalesFeb. 13, 2015 - 09:27AM JST
Why is this only for couples. We need tolerance for plural marriage.
Posted in: Shibuya to issue Japan's first gay partnership certificate
TravelingSalesFeb. 09, 2015 - 01:52PM JST
The point is to take from people who own government bonds or have bank deposits and give to the governments. The salary increases are just a means to an end.
Posted in: If inflation accelerates further under Abe’s policies, inequality will widen. The socially vulnerable and low-income classes will be worst affected and a cut in livelihood subsidies deals them a double punch.
TravelingSalesFeb. 09, 2015 - 11:52AM JST
Inflation is good for borrowers (the government and, less intentionally, anyone with a mortgage) and bad for savers (the old, the less intelligent rich, and big corporations). Deflation is the opposite.
TravelingSalesFeb. 08, 2015 - 10:33AM JST
Trickle down economics is a policy that says if someone can get rich, let him, as he will then spend his money on goods and service which will spread the welath to many other people.
Abenomics is a policy which takes from savers (primarily the older rich and large corporatons) and rewards borrowers (primarily central and local governement but also leveraged investors).
There is little connection.
Posted in: Japanese property shares struggle with deflation jitters
TravelingSalesFeb. 02, 2015 - 02:20PM JST
sheep attract wolves
Posted in: No war
TravelingSalesJan. 31, 2015 - 03:23PM JST
Romney would have made a good president. Unfortunately he wasn't a good candidate.
Precisely opposite to the current incumbent.
Posted in: Romney says he will not run for president in 2016
TravelingSalesJan. 30, 2015 - 11:48AM JST
There was a Soviet combat brigade in Cuba from 1962 to 1991
Posted in: U.S. would welcome Japan air patrols in South China Sea
TravelingSalesJan. 28, 2015 - 05:38PM JST
Leaving the US to do the heavy lifting as usual. What a weasel!
At least some of the Europeans are helping out this time. And Canadians and Australians as well. Meantime the allies who are most dependent on Middle East oil - Japan and Korea - sit back and insert their thumbs ever more deeply.
Posted in: Abe: Japan won't join U.S.-led military operation against IS
TravelingSalesJan. 28, 2015 - 05:35PM JST
At least this is something the President & Congress can work together on.
Posted in: U.S. says final contours of TPP pact coming into focus
TravelingSalesJan. 24, 2015 - 07:10PM JST
What kind of country can't (or won't) even defend its own citizens? How shameful.
Posted in: Abe briefing document rules out Japan strike on Islamic State
TravelingSalesJan. 23, 2015 - 11:37AM JST
The Islamists don't hate Japan because Japan is rich or because Japan is an ally of the US. Islamic terrorists have killed Russians, Chinese, Indonesians, Indians, Nigerians, Congolese, etc., etc, They even happily kill each other over differences of sect, or opinions on historical events.
They hate Japanese (and all the rest) because Japanese don't submit to Allah, because Japanese do not live under Sharia, because Japanese believe (to varying degrees) in tolerance, pluralism, fair treatment of women & minorities and individual liberty and, most of all, because the Islamists believe that it is the will of God that they hate and destroy infidels.
Posted in: Hostage crisis reminds Japan it is a target: analysts
TravelingSalesJan. 23, 2015 - 11:27AM JST
The IS army is estimated to be about 20,000. A better use of the $200 million would be to pay $10,000 to anyone who kills one of them.
Posted in: Do you think Japan will pay the $200 million ransom to Islamic State for the release of the two hostages?
TravelingSalesJan. 22, 2015 - 10:22AM JST
Does the Asahi Shimbun seriously think that the hostages would be materially better off if there was still a Japanese diplomat in Syria? IS does not tend to be big on diplomacy.
Posted in: Abe fighting against time to find way to free hostages
TravelingSalesJan. 20, 2015 - 06:58PM JST
These people don't care about Abe. They will happily kill any infidel. Just like the 10 Japanese they killed in Algeria two years ago, or Salman Rushdie's Japanese translator.
Posted in: IS threatens to kill 2 Japanese hostages unless it receives $200 mil ransom
Mar. 02, 2015 - 08:05PM JST
Price of the media is also an issue, Japanese companies fully expect the Western listeners to…
Posted in: Why do Asian pop stars have a hard time succeeding in the U.S. market? Is it mainly a language thing?
Mar. 02, 2015 - 08:04PM JST
After being totally exhausted day in and day out answering my door bell from an NHK…
Posted in: Don’t want to pay your NHK TV license fee? Beat Takeshi agrees with you
Mar. 02, 2015 - 07:56PM JST
Lodging protest is not going to help.Solution lies in developing superior capabilities and getting adequately prepared…
Posted in: Japan protests after N Korea fires short-range missiles
Mar. 02, 2015 - 07:40PM JST
My guess is that if you become famous for opposing Putin, your life becomes pretty miserable…
Posted in: 30,000 marchers in Moscow mourn slain Putin foe
Mar. 02, 2015 - 07:37PM JST
Look at all these posts expressing progressive Western thinking.
Too bad the Japanese won't do anything…
Posted in: 18-yr-old suspect admits killing Kawasaki boy to punish him