Under pressure from Abe, Bank of Japan boosts stimulus again

Comments (2)
Pete_Murphy wrote:

The BOJ can “stimulate” all it wants; it’s not going to help Japan’s economy. Japan, one of the most densely populated nations on earth with a population density ten times that of the U.S., is plagued by the inverse relationship between population density and per capita consumption. Were it not for naive American trade policy that exports American manufacturing jobs to Japan, their plight would be much worse.

Pete Murphy
Author, “Five Short Blasts”

Dec 20, 2012 8:13am EST  --  Report as abuse
VonHell wrote:

According to the last japanese census…
The japanese population is expected to shrink from ~120-130 million to about 80-90 million over the next 40-50 years… and the average age rise from ~40 to 48yo …
About 1/3 of the residences have just one person living in… and about 1/3 of the women and 1/4 of the men of 25-50yo are single…
And of married couples, 41% dont make sex… (less than once a month) according to the last mumbers…

What really disturbs me is how the japanese politicians expect a population like that to sustain an economic growth? delusional… They should be much more worried about keep the living standards and a sustainable economy for the next nenerations and the past generations still alive…
Old people dont go shopping like young people… supermarket sales fall slowly every month as expected… even beer consumption…
And it is a miracle the housing market is keeping the home prices so high… because all signs are clear and evident…

The japanese sucess was based on exports in a world without competition… so they became complacent (very easy with their fixed ideas and cultural things)… and they did not adapt to globalization… instead they only provided the means to the chinese, korean, taiwanese, etc, etc industry to emerge while they tried to explore their labour…
And every time a japanese company faced competition, it lost… sold everything overseas and returned to Japan…
Today japanese exports consist of cars and car parts… but the japanese still dont consider the idea the korean and chinese auto industry too will enter to compete soon… or does anyone believe the chinese cars will be that bad forever?… the koreans are much better… i would say on the same level…
Globalization was news when i was a kid… today is reality… take asus, samsumg, lg… against panasonic, sony, sharp… this is past… make the yen weaker will boost the profits for a few months… but in a second phase the lack of global market presence and absence of superior products will make the difference…

Dec 21, 2012 5:18am EST  --  Report as abuse
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