Use your Facebook account to login or register with JapanToday.
NEW USER REGISTRATION
Letters and numbers only; 5 to 50 characters. This cannot be changed later.
You will be sent an email to activate your account before you can log in.
Yes, I would like to receive news alerts from JapanToday
thywillbedoneJun. 16, 2013 - 01:34AM JST
The yen is not really "down" that much if you use a measure beyond two years. The yen settled decisively above the 90 yen to dollar level only as recently as April of 2011. At its current exchange rate in the mid 90's, it has regressed to the 5-year average level compared to the US dollar, ie, it hasn't really changed in value over this period of time.
Posted in: 'Abenomics' hitting consumers from all sides
thywillbedoneJun. 07, 2013 - 10:38PM JST
smithinjapan sama, I'm flattered by your attention. Thank you. As for your highlighted statement: " I would like to point out that many, many people are now selling stocks because they know the market under Abenomics has passed its peak." Thank you for that enlightenment - we are wiser for it. By the way, I'm sure you know this already, but in the stock market, for every seller, there is a buyer; but of course we know the buyers are dead wrong, and doomed, right smith-san? (Well, all except for those lucky ones who bought the Nikkei a year ago, and are still up 50%).
Further you wrote: " Tell us, since you are an economic expert,..." WOW, thanks for that compliment. I'm blushing. (Flattery will get you everywhere). Actually, I am not an economics expert I confess, but thanks for thinking I am.
Finally, regarding your expression of sympathy for the people of Japan, and announcement of your own emigration (you wrote: "I truly feel sorry for the Japanese people, and I am getting out of dodge"), Thank you from the bottom of my heart, and best wishes to you, wherever you end up.
Posted in: PM says 'Abenomics' is only way to spur growth in Japan
thywillbedoneJun. 07, 2013 - 06:57PM JST
Randomman: Nicely thought out and written. It's comical there are those commenting that today's yen trade at 96 / USD (from 100+) means the USD is collapsing against the yen, and is evidence that nothing was accomplished.
thywillbedoneJun. 07, 2013 - 05:29PM JST
Mr. SmithinJapan san, are you still maintaining the dollar "dropped" vis a vis the yen? Not sure how to interpret the verbose economics lesson. You say confidently: " Point is, it's going to drop further". Well, well, your clairvoyance is a rare gift indeed, and the gods have denied it to the rest of us! Since you can divine the movement of foreign currency, I'm assuming you have shorted the dollar with both fists, and will make a fortune in FX. Put your gift to good use.
thywillbedoneJun. 07, 2013 - 01:11PM JST
Wow, so many economic geniuses posting comments. "The US dollar has already dropped back down to 96 yen". Hmmm. The dollar was 76 yen a few short months ago. I'm trying to fathom the odd perspective that 96 is a "drop". Yes, the dollar spiked to 100 yen a few days ago, and as all currency do, it is fluctuating within a trading band, but to refer to the current 96-97 price as a "drop" relative to the last couple of years is incredible.
thywillbedoneMay. 30, 2013 - 12:34PM JST
100 yen to dollar (parity) is about where its been for the since the late 90s. The pop down to 80 yen/dollar the past couple of years was a windfall for importers, but it's now just back to the recent 20 year average. Retail fuel prices probably did not go down that much when the yen surged anyway. I was waiting for the price of imported stuff to go down the last couple of years, but I didn't notice any real price declines. The importers just pocketed the exchange advantage, and now, it's simply back to normal.
Posted in: Fuel goes up, fish go down
thywillbedoneMay. 28, 2013 - 09:23AM JST
It is erroneous in the extreme to say that Japanese dislike this PSY fellow because he is Korean. Korean television dramas are held in very high regards here in Japan, and have a large and devoted fan base among middle aged and older viewers. As for youth oriented entertainment, I was recently in Akihabara, and I saw a massive throng of young girls and women in queue for an event. As I passed by, I asked one of the women what she was waiting to see, and she told me a Korean singer was holding a fan appreciation even, and she waiting for her chance to meet see him.
As for PSY's lack of traction in Japan, who knows the reason? It would make for an interesting discussion, but any suggestion that it has to do with his being Korean is wrong imho.
I often wonder why there is no cheese in Chinese cuisine. Not everything is liked everywhere.
Posted in: Japan still skeptical of PSY’s popular appeal
thywillbedoneMay. 25, 2013 - 03:46PM JST
"A child's cry is part of the human music", my friend said to me. After that, I've come to find delight in hearing a child cry, even though I know we must find the cause, and comfort him or her without frustration. How is it my friend was so enlightened to say something like this, and others resort to violence? It is a mystery.
Posted in: 39-year-old man arrested for beating 1-month-old son to death
thywillbedoneMay. 25, 2013 - 03:40PM JST
Yes chucky3176. In your country, and in my home county it would newsworthy if a day passed without shoplifting from an airport store. In Japan, petty crime is definitely newsworthy, thankfully so.
Posted in: Canadian man arrested at Narita airport for stealing camera
thywillbedoneMay. 24, 2013 - 11:05AM JST
It would be helpful if this topic was discussed with less euphemistic acronyms such as NEET or SNEP. I understand it is part of Japan's refined culture to discuss these problems as politely and delicately as possible, and people don't want to imply that the parents share blame. The use of more accurately descriptive adjectives and nouns to describe these selfish lazy, irresponsible, leach-like, slovenly dependent bums, might help to effect positive change, because addressing the problem with correct language is essential to finding a solution.
Posted in: Parents advised to give the boot to their sponging adult kids
thywillbedoneMay. 22, 2013 - 01:18PM JST
What's the big fuss? 100yen/dollar has been a historic average for decades. 80yen/dollar was a 3 year anomaly. This is just means regression. When you see 120yen/dollar, short the dollar with both hands (ie buy the yen), and when you see 78yen/dollar, short the yen (ie, buy the dollar). Easier than putting off a trip to the gym.
Posted in: Japan Inc averse to further yen drop, poll finds
thywillbedoneMay. 20, 2013 - 02:05PM JST
There used to be a really great Japan-bashing music video on Youtube by a Chinese hip hop artist. The video was well produced, clever, and the level of hate-spewing toward Japan was so exquisite and rich. I would watch it with some of my Western friend and the only impression we were left with was that that the video was actually trying to make Chinese people look like they suffered from a debilitating inferiority complex. I have not been able to find that video on Youtube in the last few years though I've tried many times.
I can only guess that the Chinese government, or other concerned Chinese people, prudently figured out that this constant Japan-bashing does absolutely nothing to harm the image of Japan, but does wonders for making Chinese seem primitive and backwards to Westerners, thus, the video seems to have vanished from the internet. It's a pity I did not have to forethought to record it for posterity.
Posted in: China cracks down on over-the-top anti-Japan dramas
thywillbedoneMay. 20, 2013 - 11:10AM JST
I would like to promote a festival in Japan and other countries showing these hilarious Japan-bashing fantasy films. I've seen one of them recently. I am sure cosmopolitan, educated Chinese would cringe in shame if the rest of the civilized world could see the kind of hate mongering rubbish which is produced in their country in these modern times, and the fact that many of their country men seem to love this kind of vulgar trash which in reality, insults the Chinese themselves, and makes them appear imbecilic to non-Chinese viewers.
thywillbedoneMay. 17, 2013 - 11:20AM JST
Kazuaki Shimazaki, thanks for your well written response. What you said about China's relative strength vis a vis Vietnam is certainly true at present, but China would be foolish in the extreme to make any aggressive move against VN because VN has a white-hot loathing hatred of China, and would not hesitate for a micro-second to engage China in a hot war, even if it were suicidal for her to do so. VN regards China as an existential threat, and has a 1000 year history of resisting Chinese imperialism, and the world now sees that the era of Chinese expansionist ambition is not over. The rest of the world will not stand still.
Posted in: Chinese general says Ryukyu islands do not belong to Japan
thywillbedoneMay. 17, 2013 - 10:22AM JST
NeonFraction: great comment and observation. Lolita fashion is anti-sexual if anything. They wear more clothes and cover more skin than a burqa clad Wahhabi. It's just an interesting and wonderful arrangement of garments. I admire the women who do this seriously, and I sometime think of them as modernized Maiko and Geisha insofar as their pleasant visual and aesthetic impact on the urban landscape. We are fortunate to witness these dedicated and creative women here in Japan.
Posted in: Japanese Lolitas plan world domination
thywillbedoneMay. 17, 2013 - 09:50AM JST
The reason China is continuously making these outrageous territorial claims is simple: China is hemmed in on all sides. Of course China has a very long coastline to the southeast, but her navy will always be sitting ducks for land based assets of Korea and Japan to the east, Vietnam and the Philippines to the south, who are all just minutes out to sea from China's coast. Just look at a map. China can never be a major sea power as a result. All her surface vessels would be at the bottom of the sea 30 minutes after any major sea battle. China has pushed all her neighbor into the arms of the United States. Vietnam would not shy way from a hot war with China, and soon, the Koreans will finally figure out it is China that is propping up North Korea, and causing their country to be fractured. China would dare not embark on any sea invasion of her neighbors, mainly, because it is impossible, and finally, and the world would finally lose it's irrational deference towards China, and the rich ruling elite know this.
thywillbedoneMay. 16, 2013 - 09:44PM JST
I love reading the pretentious highbrow put downs of Kyari here. It's amazing how anyone thinks that reporting what they like or don't like means anything to anyone else. Kyari is tremendously popular around the world for simply wearing decora cloths and lip-syncing catchy cute songs. That just seems to annoy some people who can't seem to keep themselves from watching Kayri Pamyu, and offending their delicate cultural sensitivities. A pity.
Posted in: Pamyu invasion
thywillbedoneMay. 10, 2013 - 01:42PM JST
I'm a bit chagrined to read comments from Canucks that safety in Canada had deteriorated. That certainly wasn't my impression, but I haven't been there for over 10 years.
Posted in: Do you feel safer walking along a dark or deserted street at night in a city in your country or in Japan?
thywillbedoneApr. 11, 2013 - 09:43AM JST
Does anyone know the derivation of the word "ランドセル (randoseru)", the school packs used by Japanese children? It sounds like a loan word to me, but nobody I know can confirm that.
Posted in: 20 words of English origin that Japanese people often mistake for real thing
thywillbedoneApr. 02, 2013 - 01:11AM JST
Google this for copious details about the perpetrator: 大阪2児餓死事件
Posted in: Mother gets 30 years for letting 2 kids starve to death
Jun. 18, 2013 - 04:53PM JST
If the people who come complain about the food at a reception, show them the door.…
Posted in: Japan losing diplomatic banquet battle to China
Jun. 18, 2013 - 04:51PM JST
I wish the Afghan people peace but the future headlines will be 'Karzai fled the country…
Posted in: Karzai announces transfer of nationwide security from NATO to Afghan control
Jun. 18, 2013 - 04:50PM JST
The 'investigative' nature of Unit 731 still lives in Japan...how far will this experimentation really go?
Posted in: Scientists seek permission for experiments with animal-human embryos
Jun. 18, 2013 - 04:47PM JST
" 47.1% were aged 65 or older"
Which means more than 50% were not. And I'm…
Posted in: 1,488 hospitalized for heatstroke from June 10-16
I think an extra few weeks of community service should be added to their sentence.
Posted in: Shoplifting on the increase