RenCutypoison said: 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. I think cheap energy is a short term problem. And doest looks like being reflected on companies financial result. |
Without Nucelar plants i don't see how Japan ends their dependency on foreign energy.
To my knowledge they aren't set up well for any alternative energy, and traditional energy sources... well look at WW2.
As for the Japanese Electronic Giants being back on track... I'd say that's yet to be seen.
I mean hell, Sony's television division is back in the red... and i've heard nothing particularly posive about Sharp.
They had stock increases sure, but based pretty much soley on abeanomics.