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TravelingSalesAug. 30, 2016 - 01:46PM JST
He's the best PM since Nakasone at least.
Posted in: Majority want Abe to stay on until Tokyo 2020 Olympics: poll
TravelingSalesAug. 21, 2016 - 12:18PM JST
The crucial issue is to make sure the negative rates affect corporations as well as banks. Incompetent and unimaginative time-serving managers currently (Mar 2016 numbers) have more than JPY200,000,000,000,000 in cash, and this amount is growing by more than 8% annually. Forcing them to disgorge it, whether by investments, dividends or buy-backs, would put that money into the hands of the people - it averages about JPY1.6 million for each citizen - and provide a great stimulus to the economy,
The smarter and more direct alternative is a temporary surtax on retained earnings, but the keidanren would never allow it.
Posted in: BOJ's Kuroda says he won't rule out deepening negative rate cut
TravelingSalesAug. 21, 2016 - 03:27AM JST
I guess I would be the exception. I'd definitely prefer my wife to bring home more cash than me. Although frankly I'd settle for her bringing home anything at all.
And congratulations to the survey in finding 200 Japanese guys who have managed to acquire girlfriends!
Posted in: 10 ways in which Japanese men want to outperform their girlfriends
TravelingSalesAug. 19, 2016 - 11:42AM JST
This is progress. Hope Tokyo will follow.
Posted in: London open all hours as night tube service launches
TravelingSalesAug. 16, 2016 - 11:32AM JST
It doesn't matter if they're more toxic to the morons who choose to use them. That's just a part of natural selection. What matters is they're less toxic to the innocent bystanders breathing the same air as the junkie.
Posted in: Electronic Marlboro sucks smokers away from Japan Tobacco
TravelingSalesAug. 14, 2016 - 07:31PM JST
The AirBNB sector is still tiny - much too small to affect the market in general. Chinese money is significant in the 200 million plus area - they are about half to a third of that top sector. Below that the market is driven by banks willingness to lend. Banks have been aggressive for 3-4 years in the sub-100 million sector. Now, finally, they are getting good in 100-200 million.
Posted in: Cranes deliver Japan's real estate revival to BOJ's doorstep
TravelingSalesAug. 14, 2016 - 02:58PM JST
You can make good money on new and old. I sold a 25 yr old condo last year making 30% profit over 5 years (not including the rental profit every month). Someone I know bought a condo new in 2011 and just sold for 75% profit (again, not including rental). Given you can easily borrow 80-90% LTV at next to nothing rates, the returns are great!
TravelingSalesAug. 14, 2016 - 12:22PM JST
Tokyo real estate is only going up by 10-15% pa. The BoJ needs to drive that to 20-25% to have a real impact on the rest of the economy.
Tokyo demand overcomes Japanese demographics because (i) household numbers are increasing as household numbers decline because more people live alone and less seniors move in with their kids, and (ii) about 33% of Japan lives in the Kanto Plain conurbation but about 50% wants to.
TravelingSalesAug. 12, 2016 - 01:27PM JST
Sounds like Tom Sawyer
Posted in: 3 students, including 2 from Japan, found alive in Arkansas cave
TravelingSalesAug. 11, 2016 - 02:43PM JST
For the assumption of risk defense to work, in the case of a minor a defendant would need to demonstrate that the injured party had the capacity to assume a risk and that the defendant had taken appropriate steps to exclude those who did not have such capacity.
Posted in: 10-year-old boy decapitated on waterslide at Kansas park
TravelingSalesAug. 07, 2016 - 02:43PM JST
Nothing wrong with giving Japan 5 years notice of abrogating the current one-sided treaty & letting them choose between going it alone or a fairer NATO-style treaty with bilateral or multilateral protection and spending obligations.
Posted in: Trump: Japanese will 'watch Sony TV' if U.S. is attacked
TravelingSalesAug. 02, 2016 - 11:43AM JST
Hope she manages to clean up the city, starting with the smoking problem.
TravelingSalesJul. 29, 2016 - 11:09PM JST
Tokyo real estate is only going up 10-15% a year. The BoJ needs to force that up to 20-25% to get the economy moving.
Posted in: BOJ opts for modest stimulus expansion
TravelingSalesJul. 28, 2016 - 10:34AM JST
The last thing we want is a bunch of ignorant self-important bureaucrats telling us what we can or can't do with our own property.
Posted in: Japan latest battleground in Airbnb home-sharing war
TravelingSalesJul. 23, 2016 - 03:25PM JST
Trump will abrogate the Security Treaty (with, say, 5 years notice) and offer a mutual defense treaty as a replacement. Then the ball will be in the Japanese court.
TravelingSalesJul. 19, 2016 - 04:25PM JST
As the attacker would no doubt have said, they are all infidels or apostates - what difference, at this point, does it make.
Posted in: Afghan teen migrant killed after injuring passengers on German train with ax, knife
TravelingSalesJul. 18, 2016 - 10:16PM JST
The point of refusing to give a no first use assurance is to deter an attack by a power with superior conventional force. The Soviet Union made such a pledge in an attempt to embarrass NATO into doing the same. They knew that they had overwhelming conventional superiority in Europe and that if nuclear weapons were off the table they could mount a successful invasion at any time. Once they lost that superiority due to the collapse of the communist regime, their successor, the Russian Federation, cancelled the pledge.
If Obama gives such an assurance the practical result is that the US, Japan, Taiwan and other Pacific allies will have to build up conventional forces to deter a conventional attack by China.
TravelingSalesJul. 16, 2016 - 03:37PM JST
Tokyo real estate has been going up 15-20%pa for last three years and looks to be accelerating
Posted in: No chance Japan will adopt 'helicopter money,' say officials
TravelingSalesJul. 16, 2016 - 01:13PM JST
Helicopter money vs current policy is a distinction without a difference.
As for perpetual notes, take a look in your wallet. What do you think is in there?
TravelingSalesJul. 16, 2016 - 01:10PM JST
I wouldn't see a problem with concubines, provided all parties were consenting adults.
Posted in: There's only two ways to continue an all-male line. One is to have concubines, which I don't think the people of Japan would accept ... The other would be to have lots of collateral families, which would get complicated.
Search the Largest English Job Board in Japan.
Aug. 31, 2016 - 07:31AM JST
Yes, halt it. Halt them all. Let's slow down and make sure there trade deals benefit…
Posted in: France wants halt to EU-U.S. trade deal talks
Aug. 31, 2016 - 07:29AM JST
Notice, the US kills ISIS. Russia kills Kurds.
Posted in: Islamic State leader in charge of foreign attacks killed in Syria
Yubaru, excellent post. Spot on!
Posted in: LDP to revise spousal tax break system to 'motivate' women to work
Aug. 31, 2016 - 07:28AM JST
Tokyo was forced to call off the 2014-15 hunt after the International Court of Justice ruled…
Posted in: Sea Shepherd enlists fast ship to outrun Japanese whaling fleet
Aug. 31, 2016 - 07:27AM JST
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