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kiboushaAug. 01, 2014 - 11:52AM JST
I'm not an economist, but this is what I've learned these past few months. Read "Modern Monetary Theory" if you're interested, but here's the summary:
Debt is nothing but government printed money ends up in people's savings accounts. Increasing sales tax is just forcing the populace to return those "debt" by taking out money from their saving accounts back to the government. It's simple government accounting balance sheet. A little bit different than household accounting, in which household can't print money.
Japanese government as a sovereign that issues yen by its own doesn't need to worry too much about "debt", especially Japan has a strong manufacturing industry, whose products are always in demand world wide. So when they need money, they just print more. Greece went bankrupt because it couldn't issue its own money. If you can't issue your own money, then household economy applies to you. If you don't earn income, you go bankrupt.
Don't take my word for it, go learn some more, there are things the scaremongering popular media don't tell you about.
Posted in: Japan must hike sales taxes again to conquer debt: IMF
kiboushaJul. 29, 2014 - 09:26AM JST
I blame terrible parents. I can imagine that the mother was the "brake" on her mental condition. "教育熱心", this is robbing the child from her childhood. It is the worst preparation for any child. It teaches children that other children are your enemies, you must beat them to win.
Posted in: Sasebo girl says she wanted to see what it was like to kill someone
kiboushaJul. 25, 2014 - 10:04AM JST
In Japan, women workers are hired to do exactly 2 things. One, to make the company less of a sausage party and give the male workers who missed on "osananajimi" girlfriend a second chance at romance. Two ... yeah not really sure.
Posted in: Japan must eliminate misogyny in workforce: UNDP chief
kiboushaJul. 22, 2014 - 09:50AM JST
Why so quick to accuse ? Russia is one of Dutch's biggest trading partners. Before you "believe" what the popular media are telling you, step back and think who would benefit from this terrible incident ? I'm not drawing any conclusions until more investigations are done ... hell, as a sheep in the eyes of the 1%, I don't think I'll ever know the real truth.
Posted in: Ukraine rebels hand over MH17 black boxes, call ceasefire
kiboushaJul. 19, 2014 - 11:21PM JST
Japanese people will keep on "saving", yens left at the bank are not returned back to the government as tax, thus increasing "debt" of the government to keep its spending as it is. Government issues more tax increases, Japanese people save even more, and government grow more debt.
Not to mention "inflation", I'm not an economist, but how could inflation be "normal" when population is decreasing, purchasing power is decreasing, total demand is decreasing ? Isn't it just an artificial price mark up to put up a show that the economy is recovering ? Price rise, demand falls.
The final blow to Japan would be when US economy crash again, when domestic demand and export all go down, Japan will be back to pre-edo period. This is why Japan gives out "billions" of yens to developing nations, this is so that these nations can hopefully spend those yens to import stuffs from Japan, still they're relatively small compare to US and China.
Posted in: Japan's child poverty rate hits record high
kiboushaJul. 15, 2014 - 11:19PM JST
Japan is a fear base society, how many of you have heard mothers saying "don't go there, there's obake!" ?
You don't need to "perks up" your company to attract workers, but fear instilled from childhood by the society about how you'll end up living in blue tents with cardboard boxes if you don't work 120 hours a week for 2.5 million a year. I kid you not, many Japanese I asked about why they go home on the last train, they'll make many excuses before concluding with "I'd rather do 120 hours a week than end up becoming homeless if the company go bankrupt". It's the inherent, "If I don't work hard, the company might go bankrupt, and since no shoguns want to hire ronin, I'll end up homeless".
It's changing with new companies and all, but not fast enough, not widespread enough.
Posted in: The results were unexpected. This, however, may be because many believe that the current situation is not good for women to continue working after childbirth.
kiboushaJul. 09, 2014 - 10:19AM JST
You only need to see Chinese Kungfu movies from the 70s, 80s. It was all about revenge! If you don't revenge! you're not a fillial son. If it goes on and if there will be a war between China and Japan, 100 years from now, the people won't know the real reason why they're always at war.
Posted in: Chinese newspaper posts map of A-bombed Japan
kiboushaJul. 07, 2014 - 10:10AM JST
I hope you guys got the memo, "buy Japanese stocks" ? No point doing "peaceful demonstration", they don't listen, why don't you get a little profit while at it ?
Posted in: Japan set for first arms export under new rules
kiboushaJul. 01, 2014 - 12:28PM JST
It's been proven over and over again for 40 years by economic and human behavior researchers that carrots & sticks approach doesn't work for types of jobs that require even rudimentary cognitive ability, creative people, CEO, etc. In fact, people perform worst doing cognitive tasks when offered incentives than people who aren't offered incentives.
Don't just take my word on it, search for "Dan Ariely", read his research and see for yourselves.
Posted in: Nissan CEO Carlos Ghosn earned 995 million yen in fiscal 2013, making him the highest paid executive in Japan. What do you think of compensation levels for CEOs? Is anyone worth that much to a company?
kiboushaJul. 01, 2014 - 10:23AM JST
Historically, has there been any "peaceful" protest that resulted in politicians reversing their intentions ? Historically, has there been any debate resulting in debaters changing their minds ? The result is mostly getting more experience to think up more "reasons" for the next debate or "excuse" speeches.
Posted in: Civil unrest
kiboushaJun. 27, 2014 - 01:48PM JST
I'm not an economist, but how would they sustain this inflation ? Ok, the current inflation comes from people rush buying before tax increase. Demand definitely increased by much earlier this year, but what will sustain it ? There's already data showing that consumer spending has fallen sharply. Oh that's right, a nicely scheduled tax increase on October next year would generate more rush buying, thus creating atleast a 2 year "seemingly sustained inflation". Great job Abe, as usual, it's all for show, and no substance.
Posted in: Inflation hits 32-year high; jobless rate falls to 17-year low
kiboushaJun. 26, 2014 - 11:27AM JST
Humans totally fail at logic. Why give too much money to a single person than he can actually use ? Do you think he'll buy 10000 jeans ? 100 computers ? 50 nissan cars ? 20 lamborghinis ? or 10 beach houses around the world ?
The root cause of our economic problem is too much money concentrated on very few people, the money they posses mostly go into "managed funds" or "gold" to "protect" it, not really used productively to stimulate more economic activities, entrepreneurship, etc. which is what I would call the "real investment".
kiboushaJun. 20, 2014 - 10:15AM JST
"Proud to be sheep!! Why are your wool is red ? You trying to be different ? You think you're better than me ? bla, bla, bla, ..."
Posted in: Woe to any Japanese who disregards the World Cup
kiboushaJun. 18, 2014 - 10:00AM JST
Conformity hungry sheeps are conformity hungry sheeps, we all are, no exception.
Posted in: Why do you think so many people (and in some cases, whole countries) tie their mood to the results of their team's performance in big sporting events?
kiboushaJun. 18, 2014 - 09:52AM JST
I'm also an ethnic mix, I don't have identity crisis, I belong to this one racial group, the human race.
Posted in: Japanese-Brazilians struggle with dual identities
kiboushaJun. 17, 2014 - 09:38AM JST
Don't believe a salesman that talk bad about the other products, as that only says he has nothing good to say about his own.
Posted in: Hashimoto says allied soldiers raped women after D-Day
kiboushaJun. 16, 2014 - 09:25AM JST
It's an event by the world and for the world, why not set up a real-time updating website where the people anywhere in the world can go online and vote ? The committees pick X number of cities and rank their infrastructure, safety, etc. accordingly.
The committees do the work, but the people decide, that's how democracy goes, doesn't it ?
Posted in: The bidding process for host cities and countries for sports events such as the World Cup and the Olympics has come under a lot of fire recently with claims of bribery, corruption, that they are a waste of money which could be better spent and so on. If these events have to be held, what do you think is the fairest way to decide the host city or country?
kiboushaJun. 15, 2014 - 09:23PM JST
Definitely, FIFA is run by people who refuses to change. So much technology and yet the game is still run like it was the 60s.
Posted in: Do you think goal-line technology and video replays can help avoid controversial referee decisions in sports?
kiboushaJun. 10, 2014 - 03:09PM JST
I firmly believe that computer drivers will make fewer accidents and if it happens, much less fatal. Most likely cause of accidents are external factors, other human drivers, or sensors that failed during certain extreme weather conditions.
But if accidents happen, everyone is guilty until proven otherwise. Software developers can't blame hardware makers, they'll just sound stupid when they say "the hardware maker promised to return values in the range of 0 ~10000 to express visibility, but it returned 100000 and our software missed handling such case, and crashed the system".
Posted in: Some automakers are working with tech companies to develop driverless cars, but legal liability for accidents remains vague. In the event of an accident involving a driverless car, who do you think should be liable?
kiboushaJun. 07, 2014 - 09:10AM JST
Video games ? 15 years ago Japan was overwhelmingly dominating. Today, best developers are all over the world, but Japan.
Posted in: 10 things Japan does better than anywhere else
Aug. 02, 2014 - 05:24PM JST
But I'm completely skeptical that it makes much business sense and it has a whiff of…
Posted in: Muslim visitors to Japan forecast to hit a million by 2020
Aug. 02, 2014 - 05:22PM JST
There are thousands of religions and dozens of "major" religious out there, but only muslim groups…
Aug. 02, 2014 - 05:19PM JST
In many of their countries, everyone is automatically born a muslim and then conversion…
Aug. 02, 2014 - 05:18PM JST
@YuriOtani: Your comments/analysis do not warrant a reply. Your knowledge of the industry is clearly a…
Posted in: Airbus says no room for more talks in cancelled Japan jet deal
Aug. 02, 2014 - 05:17PM JST
Some economists computed that the money that the tourists spend (if the money comes from…