JeffLee's past comments

  • 0

    JeffLee

    If people have sneaked into a country and stay there illegally, then they can expect to be deported. How hard is that for people to figure out?

    That's what happens to Westerners in places like Thailand and Japan, and that's not an issue at all. Why can certain groups claim this entitlement?

    Posted in: Trump puts new spotlight on Long Island gang killings

  • 0

    JeffLee

    I've recently gone thru half a dozen IR reports by listed Japanese corporations. They were drafted about a month before publication, and every single outllook and economic assessment they provide is wrong. Plain wrong.

    The yen's gonna stay low for a long time! Low long term int. rates will continue!! no movement in sluggish Japanese equity prices forecast!

    Hilarious. They were grossly wrong then, and they are probably wrong now.

    Posted in: Japan Inc warns of global trade contraction under Trump presidency: poll

  • 0

    JeffLee

    "These people have perpeturated a situation which will end up like Japan."

    Nope. Japan's 1991 crisis and the world's 2008 crisis were caused by the private sector, not by the central banks. Frenzied speculation on real estate by private investors, who were spurred on by irresponsible and greedy lending practices by the commercial banks, and massive stock and bond fraud committed by private financial institutions.

    "And this is what happens when the public sector controls too much of the economy."

    Completely wrong. China's banks are state owned. No financial crisis there, despite all its problems. Canada's banks are a state-enforced oligopoly. No crisis there. US and Japanese banks....private and loosely regulated in the lead ups to the meltdowns.

    Posted in: Central bankers should learn to keep their mouths shut

  • 0

    JeffLee

    @fxgai

    Japanese stocks are hot right now.

    http://www.cnbc.com/2016/11/28/japan-investing-strategists-like-stock-market-better-than-the-us.html

    Posted in: Nikkei closes at highest since Dec 2015

  • 0

    JeffLee

    When I went earlier this year, large parts of the area, ie, the most interesting area, and the ropeway were shut down. Very disappointing. It would have been nice if Odakyu knocked down the price on thier "Free Pass," given how we weren't allowed to use much of it. But no, this is Japan, after all.

    Posted in: 12 hours in Hakone: How to visit Japan’s most picture-perfect destination in a day

  • 0

    JeffLee

    The last I read, all sides were working out a deal to protect TEPCO bond holders. Sweet. Make a bad investment decision, and the authorities step in to protect you.

    So remember, kids, it's your job to protect rich people and their right to make more money than you -- even when they get themselves entangled in massive destructive disasters.

    Posted in: TEPCO may stay nationalized to deal with disaster bill: gov't

  • 2

    JeffLee

    : ”this article was written by the AFP, not the nation of Japan.”

    This article was written by someone whose name is "Shingo Ito."

    Posted in: Japanese navy veteran recalls Pearl Harbor 75 years on

  • -1

    JeffLee

    Welcome to the world of multiculturalism. All these trends were predicated ages ago, although the policymakers decided to ignore them and forge ahead with an unpopular policy with zero public consultation. Hence Brexit.

    ".... no mention about the responsibility of the white community..."

    The immigrants chose to live in the UK, It's up to them to integrate. Sorry, folks, the narrative taken from African Americans and Native Americans doesn't apply here, although you'd like it to.

    Accepting people large numbers of people who don't want to fit in is a lose-lose proposition for all involved.

    Posted in: British communities becoming segregated: report

  • 4

    JeffLee

    "In the U.S., meanwhile.. the atomic bombing anniversaries are not officially commemorated."

    Not really. The US officially commemorates VJ day. Hiroshima and Nagasaki are seen, correctly, as forcing Japan's surrender and are thus associated with "Victory over Japan."

    Posted in: Japanese navy veteran recalls Pearl Harbor 75 years on

  • 1

    JeffLee

    "He said he had asked Indonesian President Joko “Jokowi” Widodo to stage a similar rally in Jakarta"

    I think people in China should "stage rallies" pushing for equal rights in Malaysia, a country whose Constitution ensures ethnic Chinese are officially second-class citizenship.

    Posted in: Malaysian PM leads protest against 'genocide' of Rohingya

  • -3

    JeffLee

    Gotta love how the corporate fat cats are starting to squirm. They're now fearing public disclosure of their activities and possible consumer boycotts.

    Posted in: Trump threats may not stop U.S. companies moving jobs offshore

  • 1

    JeffLee

    I thought Japanese taxis have automatic transmissions. Why the need to downshift manually?

    Posted in: Taxi rams into Fukuoka hospital; 3 dead, 7 injured

  • 1

    JeffLee

    This is the destiny for all developed countries. Japan's meltdown was 1991. USA and Europe, 2008. Japan is ahead of the curve.

    "Free market" or supply-side solutions combined with extensive post-depression deleveraging is a race to the bottom. Except for the 1%.

    Posted in: Hard work yields no rewards; Y4 million salary barrier is impenetrable

  • -1

    JeffLee

    "I switched to buying exposure to US equities instead. Was the correct decision in hindsight."

    Not if you're a yen earner or user. The yen strenghened a lot since then, and remains stronger than a year ago, making US equity less valuable in yen terms. I bought into the Dow around the same time, and in yen terms, they haven't moved much, even with the index hitting a record high. My Japanese shares bought around the same time are giving me a higher return in yen.

    In other words, investors in Japan made more over the past year by simply holding cash rather than tracking the Dow. Now, the "Trump bump" might be losing steam, with the USD falling from last week, making Japanese equity a better investment. Maybe.

    I still laugh at the posters a couple of years ago who bragged they were unloading their yen....to buy gold! LOL.

    Posted in: Nikkei closes at highest since Dec 2015

  • 2

    JeffLee

    The last idiot I had tortured me. He insisted on not using anesthetic to drill a molar, because he said the tooth was too delicate and my flinching was an indicator of when he could hold back on pressuring the tooth(!). One of the most painful experiences of my life. I ended up shouting at him a lot during treatment. Then he stuck a steel crown on it, because ceramic ones were exorbitant and required a few more weeks waiting. Ridiculous.

    lots of dentists here dont use saliva dams, so root canals often get infected during treatment and need to be redone.

    I just go to Bangkok when I can.

    Posted in: What do you think of the quality of dentistry in Japan?

  • -1

    JeffLee

    "But I have been told over and over by apparently knowledgeable people...."

    They are not "knowledgable." They also said with great certainty that gold was a fantastic investment, the dollar would hit 200-300 yen, and Japan would have a bond/debt meltdown. And to believe otherwise (like I did) was stupidity.

    The good news is several of the most outspoken characters have withdrawn from this board. No surprise.

    Posted in: Nikkei closes at highest since Dec 2015

  • 2

    JeffLee

    "but at least they let you live and weren't as crazy fanatical as now."

    Islam spread largely through four stages of military conquest throughout history, and we're talking war, violence and genocide and immediate executions against those who didnt want to convert. Sure, there were some episodes of peace, which the revisionists today never fail to magnify as if nothing else was going on.

    There is also the false narrative that the Ottoman Empire was "tolerant," but of course they ignore such inconvenient truths as the Genocide of the Armenians, the Genocide of the Assyrians and the Genocide of the Greeks, a series of bloodbaths in the early 20th century that laid the groundwork for the misery the Mideastern Islamic world finds itself today. All in the name of religion.

    Posted in: 200,000 join blasphemy protest against Christian governor in Indonesian capital

  • 1

    JeffLee

    Japan's pension system is sound, because the Japanese govt is able to print as much yen as it wants, until inflation becomes a risk....which it won't be for a very, very long time. Deflation works in favor for fixed-income folks.

    State pensions are a good idea, because a private pension schemes are structured so the financial industry pockets a huge portion of your contributions and returns as "commission." The commissions are compounded but the returns are not, according to most of the major products. A raw deal for consumers.

    Posted in: What do you think about Japan's pension system?

  • 4

    JeffLee

    The Koran is very clear that it's every Muslim's obligation to stand up and fight anyone deemed a threat to their religion.

    Posted in: 200,000 join blasphemy protest against Christian governor in Indonesian capital

  • 3

    JeffLee

    I hope the Coen Brothers are reading this.

    Posted in: Man arrested for mailing more than 500 garbage items to former bullies

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