kowenicki said:
Mr Khan said:
kowenicki said:
BengaBenga said:
Like Kowenicki said:
The main issue for Nintendo's shareprice is the strong Yen. So until the Japanese government starts artificailly weakening the Yen, the only thing Nintendo can do is lower the costbase, which is hard with a new console on the way. |
they have spent a ton of money doing that 3 times in the last 18 months... it didnt work.
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I don't know why investors assume the Yen is so stable as to rush to it as a shelter currency. Japanese debt rates are worse than pretty much anyone else in the developed world and they haven't seen economic growth in any signifcant measure in 20 years. Anyone else would have collapsed utterly by now...
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True, but a hell of a lot of Japanese Government debt is owned by its own citizens. But yes, Japan is pretty much the mst debt ridden country on the planet (over 200% of GDP). Its a total mess.
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95% of it is debt is to domestic companies and people and the costs of that debt is around 1%. So they are probably paying less for that 200% than most of Europe.
Also unlike USA i think they weren't printing empty Yen in recent years.
Switzerland had to threat investors they will print money without limits as long as CHF is too close to Euro to stop the insane exchange rate.
