SG Talk

Good video found.

 
"Will Yen crash pull down Japanese economy?"     

SgButt: "Of course not. It will pull down Chinese economy."     


       
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The very strong Yen after 1990 could be one of the reasons Japan is falling behind in turn of industrial output;  as a result,  the industries also cut down R&D.  Japanese goods could not compete globally.  They devalued the Yen starting 8 years ago not by declaration but by lowering the interest rates to negative or almost zero.  This encourages "carrying trades" etc and increases the Government's borrowings plus money printing that caused Yen to devalue.  Now that Yen is approaching the 1980 level.  Let's see what Japan will do next.

If I were them, I will let Yen to continue to be devalued and let the economy find its way. After all, it did not affect the export and also, Japan has diversified its industrial productions overseas already

won't think the Japanese would complain about Tourists arrivals

 
Don't tell me Japan no. 5 bank crash is good for Japan.   

If good, then, make all the Jap bank crash lor!     

          
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Japan from world no. 2 economy, lost to China, then, Germany and now going to be lower than India to be world no. 5.   

If all the tourist arrival etc etc, why position keeps dropping?