Just as a point of perspective, when I was stationed in Japan in the early 1970s, the rate was 360 yen to the dollar, making Japanese products highly sought after. Unrelated to Lena's video, I have to wonder why, 80 years after WWII, we still have troops stationed in Japan.
It's obvious US treasuries will remain on a downward curve, yields will continue to rise as national debt increases. Japan should invest in itself rather than investing on a loser like the US. It's funny to note Japan for 70 years has led the way on bending over for US hegemony and now Europe is following suit.
Clearly, you missed the chart showing countries' debt as a percentage of GDP. Japan is the highest in the world. They ARE the world's biggest loser country. The population is also ageing. Many products sold by iconic Japanese companies are now made elsewhere than Japan. Keeping interest rates at near zero for decades has consequences.
Just as a point of perspective, when I was stationed in Japan in the early 1970s, the rate was 360 yen to the dollar, making Japanese products highly sought after. Unrelated to Lena's video, I have to wonder why, 80 years after WWII, we still have troops stationed in Japan.
Hi Lena, I believe you covered this well. I prefer your short videos to longer "expert" ones.
It's obvious US treasuries will remain on a downward curve, yields will continue to rise as national debt increases. Japan should invest in itself rather than investing on a loser like the US. It's funny to note Japan for 70 years has led the way on bending over for US hegemony and now Europe is following suit.
Clearly, you missed the chart showing countries' debt as a percentage of GDP. Japan is the highest in the world. They ARE the world's biggest loser country. The population is also ageing. Many products sold by iconic Japanese companies are now made elsewhere than Japan. Keeping interest rates at near zero for decades has consequences.
I am aware of Japan's weakness which weakness has only grown as it continued to bend over for lhe loser US.