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IMHO Japan economy will be sideways and threading water at best for next 5 to 10 years.
Reasons being:
1) resistance to immigration and developed nation with high cost of living causing stagnating if not decreasing pop., this is massively negative for a consumer based economy.
2) massive debt load due to the last massive crash in the early 1990s and also welfare state system. Bailout of zombie companies in the decades since then also cost the gov. a lot. Even most recently, the gov was prepared to bail out SHARP which was going bankrupt, luckily Foxconn step in and bought it up for USD 3.8billion.
Basically 2) can be tackled by reduction of debt via reforms and cut gov spending welfare etc.. but as usual its political suicide.
1) is a big problem most developed nations . Immigration is probably the only way now to up the pop. With property prices so high, taxes high and cost of living and education high in major cities, no way the younger gen be able to have a home and a few kids to grow the population.
So i do not see any bright future for the economy on the whole in japan. They are just like a cashflow negative company and piling on the debts.
Actually, isn't our local sgx stocks very undervalued as well by global standards?
Better to buy local, could be a boom coming, manufacturing sector has been on a tear recently..
Sent from my SM-T800 using Tapatalk
Reasons being:
1) resistance to immigration and developed nation with high cost of living causing stagnating if not decreasing pop., this is massively negative for a consumer based economy.
2) massive debt load due to the last massive crash in the early 1990s and also welfare state system. Bailout of zombie companies in the decades since then also cost the gov. a lot. Even most recently, the gov was prepared to bail out SHARP which was going bankrupt, luckily Foxconn step in and bought it up for USD 3.8billion.
Basically 2) can be tackled by reduction of debt via reforms and cut gov spending welfare etc.. but as usual its political suicide.
1) is a big problem most developed nations . Immigration is probably the only way now to up the pop. With property prices so high, taxes high and cost of living and education high in major cities, no way the younger gen be able to have a home and a few kids to grow the population.
So i do not see any bright future for the economy on the whole in japan. They are just like a cashflow negative company and piling on the debts.
Actually, isn't our local sgx stocks very undervalued as well by global standards?
Better to buy local, could be a boom coming, manufacturing sector has been on a tear recently..
Sent from my SM-T800 using Tapatalk
Virtual currencies are worth virtually nothing.
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http://thebluefund.blogspot.com