tokyo losing ~ 11% against the us dollar this year (so far)
Interest rates in America are to high and the withdrawal from the low interest environment in Japan is a normal business cycle; it will correct and The great nation of Japan will prosper again 🇺🇸🇯🇵🇺🇸🇯🇵🇺🇸🇯🇵🇺🇸🇯🇵
they have a polite and humble culture , and a hard working spirit . they will re-emerge .
They need inflation. We need to export inflation. Sadly not working (yet)
...interest-rate increase is insulin shot.
Transformational Leadership for Growth, Innovation, Team Building and Results
2moIn the beverage industry, hitting all the fountain buttons at the same time was known as a “mudslide.” It feels like a similar description of the Japanese fiscal policy.