Bloomberg on BOJ

[Mike Oxlong]

[wagyl]

...Even when Japan was growing in the 2000s...

Which planet was that on?

[Thug4Life]

[ghostunit]

why can't they just lower the value of the yen so their exports are competitive again?

[ChargerCarl]

[Thug4Life]

http://www.japaneconomynews.com/

[canman]

Wow Thug for life, I just saw your post on Japan Today! You could have changed it a little bit instead of just cutting and pasting. Couldn't think of any other paranoid scare inducing words this morning?
http://www.japantoday.com/category/have-your-say/view/shoppers-appetite-for-spending-is-being-restrained-by-a-feeling-that-it-is-inappropriate-when-nearly-28000-are-dead-or-missing-and-more-than-180000-survivors-huddle-in-shelters-what-effect-do-you

[Thug4Life]

Like everyone else, I am allowed my opinion. And so far, three major Japanese industries have started to collapse: auto, fish, and agriculture. So beyond the rebuilding costs, current recession, long-term debt, and a rapidly ageing society, how will Japan ever recover those three industries?

Of course, you don't have to agree with me. But the writing is clearly written on the wall now.

Take care.

[cstaylor]

Which planet was that on?

Perhaps they meant relative to previous years?

[Ketou]

More backwards is forwards crap...
Monetize public debt...ffs....

[Thug4Life]

EXCLUSIVE PHOTOS: Latest Satellite Imagery From Fukushima Tells Sobering Tale

The chief concern here is that things might still take a turn for the worse, whereby radiation spikes to levels that prevent humans from getting close enough to perform meaningful operations and work on the site. If the radiation spikes high enough, it will force an evacuation from the vicinity, complicating every part of what has to happen next, from monitoring to remediation.

The general lack of staged materials anywhere in the vicinity indicates that authorities have not yet decided on a plan of action, feeding our assessment that they are still in 'react mode' and that we are weeks away from nominal stabilization.

On Thursday we learned from the Wall Street Journal that TEPCO only had one stretcher, a satellite phone, 50 protective suits, and enough dosimeters to give only a single one to each worker group. Given this woeful level of preparation, it is not surprising to see that regular fire trucks, cement trucks, and a lack of staged materials comprise much of the current damage-control mix.

We don't yet know enough to conclude how much fission has spontaneously re-occurred, but we have strong suspicions that the number is higher than zero. Here we make our call for the release of more complete and timely radiation readouts and sampling results by TEPCO and Japan so that we can assess what the true risks are. The situation remains fluid, and quite a lot depends now on chance and which way the wind blows.

:/

[ChargerCarl]

Like everyone else, I am allowed my opinion. And so far, three major Japanese industries have started to collapse: auto, fish, and agriculture. So beyond the rebuilding costs, current recession, long-term debt, and a rapidly ageing society, how will Japan ever recover those three industries?

Of course, you don't have to agree with me. But the writing is clearly written on the wall now.

Take care.

I don't think it will. I don't see how they can replace the loss of human capital without massive immigration like in the U.S. Japan will be cast aside along with Europe while the U.S, China, India, and Brazil surge even farther ahead.

just my 2 cents