Absolutely. A society that as ground-rule defined to care for each other and care for the environment they live in. People care for the ones next to them, they care for their environment, more so than any other nation in the world. They care about their health and well being of their bodies more so than anyone else. Honesty and moral values are celebrated to such degree that laws and regulations often times even overshoot, such as the arrest of Nissan's Ghosn. Japan is a leader or within the top 3 in most high tech sectors. Education and literacy rates are top-notch as measured in international aptitude test comparisons. Health care is top-notch. Transportation is top-notch. Check out Japanese tourists when they get to the foreign airports to wait for their flights back home. They can't get their butts fast enough back to Japan. The overall sentiment among Japanese tourists is "it's nice to explore other countries every now and then, but hell, I love my country and I can't get back fast enough to eat healthy food and breath clean air". Where are all the Japanese emigrants that left Japan to seek greener pastures? They don't exist. The last large emigration stream occurred more than a century ago when disenfranchised farmers were welcomed in Brazil to turn rain forest into farmland. Hence the surprisingly large percentage of Brazilians of Japanese origin. Does Japan have an aging society problem? Yes, but not to the degree as American media often like to blow it out of every proportion. The main issue is of women who have a hard time to balance work-life and childcare. But even that is changing rapidly. Anyone who lives in Tokyo will nowadays often spot men who push baby carts in the morning or drop off their toddlers in kindergarten in the mornings. Japan as always is greatly misunderstood and developments are confused by those who do not expose themselves to Japanese culture but instead live outside and just pick up tidbits from media. I lived in Japan for more than a decade, speak Japanese and am married to a Japanese. We currently live in HK but travel to Japan every 3 months or so. We are in HK at the moment because we pay 15% income tax and 0% capital gains tax and its a heaven for easy and quick money. But we pay a price and we will soon leave HK because the quality of life here is alike a shithole.
I said specifically, in terms of demographics and that cannot be disputed. I tried to keep it pretty fact-based in what I wrote and I think I did a fair job. Don't see how any of it relates to the all-purpose JOOS-ARE-IN-YOUR-SOUP! Facts (economic indicators) seem to be pointing that Germany is already in recession. Auto sector problems are huge. Need I mention Deutsche Bank and how much major German banks are losing due to negative interest rates annually? Is all of this made up by JOOS? That's an extremely debatable nothing. I wouldn't call a dramatic rise in crime, especially rape nothing. Plus welfare state consequences caused by immigration. The "new Germans" are quite different from the "old Germans" on a number of socioeconomic dimensions and if you think mass importation of them has resulted in nothing... well Negative pop growth already has a huge impact. If you think the neg pop growth in Japan is due to lack of child care places that's an extremely very uninformed view. ...besides obviously vividly underlining that the Japanese are not happier than Americans unless suicide is an indication of someone being happy. I've discovered this is extremely regional. Do this in Utah. I felt I wasn't in America given how happy and kind people are there. Let me guess. JOOS? Well, I agree happiness is not an exact science but the annual studies they do it every year are extremely legit and designed by very respected scientists from many countries. Wait... JOOS?
Interventions tend to be (always?) against fundamentals. They don't change really change the fundamentals. They obviously change supply and demand which changes price. If they spend enough reserves on the intervention then I guess in that sense that changes fundamentals but that takes time.
I wish he was just a little more specific. P.S. Since GRULSTMRNN liked this is it safe to assume that this particular Jew was not part of the JOOS worldwide conspiracy? P.P.S. Wait, I think I get it. It wasn't suicide. JOOS killed him for the grand betrayal of telling the truth about Japan!!@@@
Spot FX. I just pay negative carry if I happen to be positioned as such. But I avoid trading the high carry stuff like TRY, MXN, ZAR long or short.
Stop being mean to GRULSTMRNN. He will pout and leave the thread! I don't relish being short those and getting debited a not insignificant swap rate. Plus some of those exotics experience a CHF style dislocation more often than I like.