| Kasz216 said: Eh. Would be my opinion. Too early to make any judgements. Abe has yet to show he has any of the backbone required to institute his third arrow, and none of his policies really deal with Japan's crippling demographics problem.... and his second arrow may end up being one of those Haweke boomerang arrows that comes back to shoot him in the ass as it will be near impossible to achieve the second step of it. shutting down their nuclear plants was probably a mistake. Back to the demographic problem, Arrow 1 is only achievable due to the Japanese legendary local market for it's own debt... and due to demographic issues, it's questionable how much longer that demand will be around. Also, while i'm all for women in the workforce, I don't see how that's supposed to cause a big growth spurt. If this were the Japan of 10 years ago when companies like Sony and Sharp were the dominant market players sure... More workers with less demand is just a recipe for higher unemployment. |
Yen devalue create more opportunities for exporting, wich is likely to create more jobs. The benefits on export taxes could be used by government to create employement too (less taxes if corporation employs new people, more if women etc).
About nuclear he didn't have a choice. He has to listen to the people, and after the tsunami people were quite mad.
Plus japanese electronic giants are back on track, of course they still have a long way to go to beat coreans, but this year financial results are gonna be huge compared to the last 2. At least I hope.
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HOWEVER, this beomes a hiderance when you import a lot of needs like food... and energy.... and Considering that energy is built in to the price of every product, you'll see energy costs biting into the advantage that infation is supposed to provide in providing cheap goods.
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I think cheap energy is a short term problem. And doest looks like being reflected on companies financial result.
