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kiboushaDec. 09, 2013 - 12:47PM JST
Abenomics' QE is not gonna sway coorporations to stop hoarding cash and start spending, even borrowing to invest in its own future. The money is just gonna sit there doing nothing. Japan seems to have forgotten that their success was attributed to how they massively as a nation took big risks and invest in their manufacturing industry. Asteroid minings, cheap launching of space vehicles, quantum computers, these are just a few of things that Japan can start investing heavily to ensure its future.
Posted in: Japan revises down July-Sept growth to 0.3%
kiboushaDec. 06, 2013 - 08:12AM JST
No mention here, but some of that goes to biotech investment, which I think is great for Japan to stay competitive. The future of biotech is very promising, now especially that Japan has a few noble price winners.
Posted in: Cabinet OKs Y5.5 trillion stimulus package to offset tax hike effect
kiboushaDec. 05, 2013 - 04:19PM JST
Japan as a "developed" nation already has great infrastructures, there's not much left the government can do to increase the nation's productivity with QE. All these money are just gonna sit there in the bank doing nothing. Mostly it will create another real estate bubbles as the only loans the banks give out are to individual home buyers, and guess what, houses don't produce meaningful investments to the economy, same as money doing nothing. If Japan truly wants to grow further, the mentality of its society needs to change. A society that cheers and encourage entrepreneurships, female/mother workers, the banning of "lifetime employment" as that just encourage people to adopt "do as you commanded, you'll be here till you retired" mentality. If not, Japan is truly sliding down a really long spiral of economic deflation.
Posted in: After initial promise, Japan's new economy risks backsliding
kiboushaDec. 05, 2013 - 10:19AM JST
I've worked in so many teams in which the members are more interested in witch hunting. Yes, they'll never say their opinions, and when things go wrong, they'll say, "I kinda knew it wasn't gonna work, so I didn't say anything to approve it".
Companies not caring for their workers
Sure, asking people without accepting a "no", to come in during weekends just because something might come up is "caring".
Posted in: 7 things that surprise Japanese people working in offices overseas
kiboushaDec. 05, 2013 - 12:03AM JST
The target for abenomics is not increasing export, but to increase domestic spending. Earlier QE resulted in weak yen, which increased export AND also import, resulted in deficit. Without increased domestic spending, the whole thing will fail. Thus, by introducing sales tax increase, NISA for tax-free investment account, TPP talk about easing protectionism, they hope to persuade the public to start using their savings to spend on big purchases, investment products, etc. It's short sightest, after the tax increased, things will start deflating again, so that's why there's another increase to 10% to generate a second wave of "spending". What happens after ? Only time will tell.
Posted in: Japan preparing Y5.4 trillion economic stimulus package
kiboushaDec. 03, 2013 - 02:45PM JST
@KariHaruka, offering a seat is worse than not. It's the Japanese "respect my privacy and my right from fear to be talked to, or to initiate conversation". I usually just got up and switch car whenever I see old people, mothers with child. Standing passengers are usually considerate enough to let old people grab the seat.
Posted in: The trials and tribulations of giving your seat on a train to a Japanese senior citizen
kiboushaDec. 03, 2013 - 10:20AM JST
Easy money, companies get bunch of loan to "grow" business, customers pay more because of increase in price to pay loan back, inflation. A way to channel people's savings back into banks. But it's not fast enough, so encourage people to invest in the stock market by introducing NISA, free tax from money made in the stock market. People start pouring money into stock to "guard" againts inflation and in hope to save for retirement, big guys crash the stock market. Prepared with millions of cash in their banks, they buy stocks with very low price, rinse and repeat. Stealing people's money have never been easier.
Posted in: Japanese firms plan big jump in capital spending: survey
kiboushaNov. 29, 2013 - 11:09AM JST
Ending quotas, encourages farmers to produce more ? If those are sold domestically, it will drive price down, good for Japanese. If those are exported, it will drive price down in that market. Now, if J-government is heavily subsidizing these farmers, then they are encouraged to produce even more to export more. Domestically, more pesticides, more fertilizers, more chemicals leaking into nature, bad for the environment. Internationally, Japanese rice can be bought cheaper, farmers from other countries will have new competition, encouraging them to also produce more, more pesticides, more fertilizers, not going to end well for the environment. I'd like for once government all over the world to start thinking about "the world" for once, and stop thinking about just their own land or people, I assure you we'll have a better world if we do so.
Posted in: Gov't to end production quotas for rice
kiboushaNov. 28, 2013 - 03:41PM JST
Posted in: If you could go back in a time machine to observe any three events in history, which three would you choose?
kiboushaNov. 28, 2013 - 11:31AM JST
I disagree with the tone of the article, but I agree with its messages. My current line of work is basically my teenage years' hobby, I enjoy it a lot. It's not gonna make me a millionaire ever, but pay is good, people are awesome, work is full of fun and challenges.
Posted in: If you're low-income, here's what you're doing wrong
kiboushaNov. 27, 2013 - 10:44AM JST
Seriously Japanese people, vote a totally different party already.
kiboushaNov. 27, 2013 - 10:43AM JST
Well, Japanese people, time to wake up, stop voting these people back to power.
Posted in: State secret law stirs fear of limits on freedoms
kiboushaNov. 26, 2013 - 01:40PM JST
Japan is slowly shifting its economy from manufacturing to finance. Easy money for politicians and those who are already rich. Have you seen the word NISA plastered all over the place ? Tax free financial products, encouraging the public to invest their savings into financial products like stocks and bonds. What is the entry level investment product for the public ? Mutual funds, which charge fee to buy and keep. Who benefits ? That's right, the finance industry.
Posted in: Japan on track to meet 2% inflation target: Kuroda
kiboushaNov. 22, 2013 - 03:51PM JST
Lottery, a tax for people who failed at mathematics and statistics.
Posted in: 1,000 line up to buy jumbo lottery tickets with top prize of Y700 mil
kiboushaNov. 21, 2013 - 10:42AM JST
What can you expect from a country whose men were solely raised by their mothers ? Shy herbivore yes-men that play safe and strive to blend in with crowd for the sake of income stability.
Posted in: 8 reasons why Japanese workers are so slow at making decisions
kiboushaNov. 15, 2013 - 10:16AM JST
Abenomics' goal achieved! Ain't that the sole purpose of QE ? financial instituion profiting on sudden stock price increase, crash, rinse and repeat. Japan who built its prosperity on manufacturing, is now shifting its priorities to financial industry for easy money and illusory economic growth. Japan and the world put too much focus on North American market whose only solution to its economic problems is more QE. This is not going to end well.
Posted in: Japan's top 3 banks post big profit gains on surging stock market
kiboushaNov. 06, 2013 - 03:55PM JST
Japanese companies are trustworthy right ... right ? Also related, there was a show on TV that labeled differently food from the same exact packaging. One label is "frozen food", the other is "made by some famous chef". Most people claimed that the food "made by some famous chef" was tastier and described it richly. Just shows you how easy it is to manipulate people into paying more for something that is labeled as "better". Similar show also by "Penn & Teller" magician in the US.
Posted in: Food mislabeling scandal spreads to department stores
kiboushaNov. 01, 2013 - 09:44AM JST
Sorry, it will never happen. I work in one of those "big" guys. They don't have their acts together, people fighting politics, the powerful have to clues, the powerless have all the ideas, nobody trust anybody, most people there are paychecks-collecting-yes-man-just-riding-the-success-wave-from-the-80s type. So, yeah, it will never happen! If you're an investor, stay away from their stocks.
Posted in: Japan's electronics firms struggle to regain glory days
kiboushaOct. 31, 2013 - 10:25AM JST
Yes, because there are so many research findings that support good use of it. In my view, data always win over emotion.
Posted in: Would you support legalizing marijuana use? If so, why? If not, why not?
kiboushaOct. 29, 2013 - 03:34PM JST
Here's a man who didn't get a cut of TEPCO's bonuses.
Posted in: Niigata governor says TEPCO can't be trusted to restart another nuclear plant
Dec. 13, 2013 - 05:25PM JST
Not my favorite, but much, MUCH better than Goriki. Cannot stand that woman. Kyary is better…
Posted in: Actress Emi Takei is TV commercial queen for 2013
Dec. 13, 2013 - 05:07PM JST
What I want to know is who caught him? Did the poor girl see or feel…
Posted in: Man arrested for cutting schoolgirl's skirt in train car
Dec. 13, 2013 - 05:01PM JST
You can rest assured the money will come with conditions attached that it be used on…
Posted in: Japan to pledge $20 bil aid to ASEAN
Dec. 13, 2013 - 05:00PM JST
Sign Language Interpreter Translates Mandela Memorial Faker:
Posted in: Scandal over 'schizophrenic' Mandela memorial signer
Dec. 13, 2013 - 04:58PM JST
God this is a horrible attack... and I can't even imagine how his wife reacted when…
Posted in: Savage murder rocks city in Toyama