Japan: Bubble prophet fears new disaster


Japan bond market liquidity dries up as BOJ holding hits 200 trln yen - Hideyuki Sano -> reuters.com/article/2014/04/ … SQ20140415


**Tokyo CPI Spikes To Highest Since 1992 (Well Above Abe’s 2% Target) **

zerohedge.com/news/2014-04-2 … s-2-target

To quote one of the commentators;

“so prices are rising at 2.9% and someone wants to own a 10yr JGB at .60%. Makes sense.”

what could possibly go wrong…perhaps to quote another poster;

“JGBs just went 48 hours without a single bid. Not one. Apart from the issuer, of course.”


Bank of Japan, more confident about recovery, quietly eyes stimulus exit - -> finance.yahoo.com/news/bank-japa … 29537.html


Japanese central bank chief sticks his neck out, pressures PM Abe for action - -> reuters.com/article/2014/06/ … 7320140615


Japan on verge of legalizing war as Komeito bends - -> japantimes.co.jp/news/2014/0 … ito-bends/


Cheap BoJ funds pour into Japanese government bonds - Ben McLannahan -> ft.com/intl/cms/s/0/631d843c … ab7de.html

Japan’s retail investors pile into US dollar funds - -> ft.com/intl/cms/s/0/fd43a9a4 … abdc0.html

Japanese Funds Snap Up European Bonds - -> online.wsj.com/articles/tokyo-fu … 1406867191


Japan’s Economy Shrinks the Most Since 2011



But. . . . Quantitative Easing . . ? :confused: :frowning: :confused:


But. . . . Cheaper currency boosts demand for exports . . ? After all it’s working for the British oh wait. . . .

Maybe if their politicians stayed away from provocative shrines and did not piss off the people in their large markets next door it would help a bit.

China-Japan row ‘increasingly difficult to solve by diplomacy’ - -> dw.de/china-japan-row-increa … a-17817145

Senior Japan, China diplomats hold secret meeting amid frayed ties - -> japantimes.co.jp/news/2014/0 … ayed-ties/

Chinese media publish confessions made by Japanese war criminals - -> columbian.com/news/2014/jul/ … ar-crimes/

Aged Japan veterans voice concerns about military policy shift - -> reuters.com/article/2014/08/ … 4420140814

To repair Sino-Japan ties, it’s up to Shinzo Abe to show sincerity - -> scmp.com/comment/insight-opi … -sincerity

Signs point to inevitable disaster in making - -> thestandard.com.hk/news_deta … 40815&fc=7

But lets put it all on red what could go wrong?

Japan Hires London-Based Private Equity Expert For World’s Largest Pension Fund - -> ibtimes.co.uk/japan-hires-lo … nd-1457328


Since 2011 the collapse of the Japanese Nuclear Industry and the closing down of 52 Nuclear power plants and melt throughs, into the mantle of the earth and the destruction of the pacific with radiation contamination. Surley as night follows day this is having a devastating effect on the Japanese economy, the health of its people and the destruction of the Japanese yen.


Don’t call me surley! :smiling_imp:


Japanese Women Armed With Chainsaws Head to the Hills Under Abe’s Plan - -> bloomberg.com/news/2014-08-0 … -plan.html

Japan’s labour shortage deepens - -> itbdigital.com/opinion/2014/ … e-deepens/

Tokyo Olympics costs jump amid construction labour shortage - -> ft.com/intl/cms/s/0/e43082cc … abdc0.html

Abenomics has only worked because foreigners think it will - -> washingtonpost.com/blogs/won … k-it-will/




“Destruction of the Pacific” Hyperbole much?


Bank of Japan Buys Government Debt at Negative Yield - -> blogs.wsj.com/japanrealtime/2014 … ive-yield/


What could printing more money do for the yen, and buying back their own debt do for the Japanese economy. Odd that they are buying back their own debt at a loss. Doesn’t look good for the yen a negative yield.


Japan exports knocked by weak U.S. shipments, hurt economic recovery - -> theguardian.com/business/fee … e/11545576

Weaker yen fails to boost exports as Japan logs 26th monthly trade deficit - -> japantimes.co.jp/news/2014/0 … e-deficit/


What should Japan have done after their bubble collapsed?


Bust the banks, bust those with debts equitably, cleared out bad debt that resulted from the bubble. It would have taken a cultural change to do… Once that’s done, though, you can do some stimulus to get up from the bottom you find yourself in.


Same as us. Same as Eurozone.
Alas . . . . . . . .