Jump to content
House Price Crash Forum
Sign in to follow this  
Ash4781

Japan - Slipping Back Into Deflation ?

Recommended Posts

Prices continue to fall at record rates, the finance minister seems to be indicating some kind of currency intervention due to stregthening Yen. Exports were down 36% in August, and imports down 41.3%.

Are they slipping back into deflation ?

The incoming government of Prime Minister Yukio Hatoyama is seeking to boost consumption and help households with a range of consumer-oriented proposals, including cutting tolls on highways and giving families with children $275 a month through junior high.

But critics say the Democrats, who unseated the long-ruling conservatives in last month's election, don't have any clear strategy to achieve long-term economic growth.

http://www.google.com/hostednews/afp/artic...C7WlFFbDBhZZgxw

http://news.bbc.co.uk/1/hi/business/8279832.stm

http://www.google.com/hostednews/ap/articl...Tya2yAD9ATG4780

Share this post


Link to post
Share on other sites

Ofcourse they are slipping into deflation, the japs go into severe saving mode at the first whiff of trouble! and not one of them could not have noticed we are in trouble.

Will it happen here? depends if the govt can find a way to finance our nation of debt junkies before they too realise all is not right with broons supposed recovery!

Share this post


Link to post
Share on other sites

Not just Japan--the Bundebank are hinting at deflation saying the recession has a long way to run yet. Bill Gross (da' man) is also calling deflation.

Deflation is every true HPCers bestest fwend. :)

Share this post


Link to post
Share on other sites
Ofcourse they are slipping into deflation, the japs go into severe saving mode at the first whiff of trouble! and not one of them could not have noticed we are in trouble.

Will it happen here? depends if the govt can find a way to finance our nation of debt junkies before they too realise all is not right with broons supposed recovery!

The Japanese don't trust the govt after they got there fingers burnt in the late 80's, we have a country full of numpties who still believe the economic miracle. Once reality hits home then people will start saving if they can, trouble is debts are so huge saving won't be an option as we now need to repay.

What's more alarming is that after the Japanese bubble burst they are still in major trouble and they still haven't bottomed.

If this is our future it's going to be very scary.

Share this post


Link to post
Share on other sites
Ofcourse they are slipping into deflation, the japs go into severe saving mode at the first whiff of trouble! and not one of them could not have noticed we are in trouble.

Will it happen here? depends if the govt can find a way to finance our nation of debt junkies before they too realise all is not right with broons supposed recovery!

UK , and saving mode? , not likely , the culture in Asia is to save here I doubt people have enough disposible income after day to day expenses to save much and the stuff they do save is inflated away. Infact curiously enough the only people I know who have enough money to save both are government employees.

Share this post


Link to post
Share on other sites

So the world economy had a heart attack.

It would seem to be a fatal one but the powers that be decided to strap electrodes to the rotting, festering corpse and make it dance so they could proclaim all is well.

How long until the batteries run out on our

?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   292 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.