**One of the goals of economics is to get the Japanese economy out of the deflation that has lasted for many years, and to vigorously develop the manufacturing industry and maintain a competitive advantage. In the long run, the good phenomenon is that Japan is better, prices are rising, and CPI remains above 2%, which seems to be out of the deflationary dilemma, at the cost of the Bank of Japan's long-term purchase of Japanese government bonds, making Japan's debt account for about 260% of its GDP, which is greater than the 120% of GDP in the United States, and the debt pressure is huge.
In other words, there can be no crisis in Japanese bonds, once there is a crisis, Japanese bonds are sold off aggressively, Japanese bond yields soar, Japan's debt problems will explode, which will lead to a decline in Japan's credit rating, capital outflows, depreciation of the yen, and Japan's fiscal revenue and expenditure difficulties, which may suffer a financial shock.
There are many possibilities to trigger a Japanese debt crisis, one of which is that the Bank of Japan (BOJ) will raise interest rates to tighten the currency, and whether the BOJ raises interest rates depends on both domestic price pressures and external factors. As for the price pressure, it is not only related to the quantity of currency, but also related to international commodities, after all, Japan is a resource-poor country and an export-oriented economy, and a large number of imports of bulk commodities represented by oil and gas are prone to imported inflation.
One of the external factors is related to the United States, the dollar tide generated by the Federal Reserve's round of interest rate hikes has not caused a large number of economies to collapse, and there are indeed phased financial game wins, but it is also a fact that it has not been able to harvest the huge wealth of other economies as expected. The regional wars promoted behind the scenes have indeed caused some of Europe's industrial capital to flow to the United States, but they cannot fill the hole of huge debts. Interest rate hikes have increased the interest burden, but also damaged the vitality of the economy, the backlash has made it have to stop the pace of interest rate hikes, the dollar is likely to weaken, in the context of the reluctance of major countries to undertake US debt, turn to the world's major economies, to bite from a bite of meat to fill the hungry appetite?
In China, the economic status of state-owned enterprises and the management system of foreign exchange are tricky and difficult to understand
Europe, especially Germany, which has a developed manufacturing industry, has increased the cost of industrial production after decoupling from Russian energy, and the industrial capital that should have run has already run, and the euro is also the world's currency, and its market position makes the European economy have a certain degree of resilience, but it is also difficult to feast;
Flies don't bite seamless eggs, Japan's economy has both huge wealth and the pressure of Japanese debt, and it is still an emasculated sovereign country that lacks political independence, so you can consider eating some Japanese meat if necessary.
Since ** economics advocates the issuance of currency to stimulate the Japanese economy out of the deflationary predicament, then let Japan's loose monetary policy that has lasted for many years turn and abolish ** economics;If you want to abolish **economics,Then cleanse **faction**,So,Japan** suddenly blew a wave of demonic wind,Driven by the special search department,**faction was purged,The special search department and the United States have a long history,Japan** The recent demon wind is indeed evil.
Bank of Japan. The first and second leaders have stated that they are going to raise interest rates, the Bank of Japan will reduce the purchase of Japanese bonds, and the interest rate may increase the burden on Japanese residents and families, coinciding with the sudden change in the situation in the Middle East, after the Houthi blockade of the Bab el-Mandeb Strait, the United States has been waving its flag for many days, but there is no substantive action, global shipping, oil and gas are all in, which is very unfavorable to Japan, an export-oriented economy, and detrimental to the competitiveness of Japan's manufacturing industry.
On the evening of the 21st, SWIFT released the latest report saying that the proportion of RMB in global payments rose to 4 in November61%, up more than 1 percentage point from the previous month in October, and even surpassed the yen to become the world's fourth largest payment currency, which fully shows that the yen's market position is declining. The problem is that Japan is not a normal country, it is only a junior brother of the United States, and its interests are greatly affected by the eldest brother.
The core interest of the United States is the dollar, which structures the global financial order, and this financial order is controlled by military power, which depends on manufacturing, not on finance, services, and entertainment. Judging from the fact that the United States is overstretched in aid to Ukraine and support Israel, the manufacturing strength of the Western camp led by the United States has seriously declined;From the analysis that the United States has nothing to do in the face of the Houthi provocations, the United States is powerless in the face of the global wolf. All this indicates that the United States is unable to obtain greater compensation from its opponents, and can only consider appropriately harvesting the younger brother to return to blood.
Purge the ** faction, put pressure on Japan, and make Japan's monetary policy turn;Japan's interest rate hike, this degree is very difficult to grasp, the interest rate hike could have promoted the appreciation of the yen, but the Japanese bond market may fluctuate violently, once the Japanese bond bursts, Japan's credit rating declines, but drags down the depreciation of the yen, coinciding with Japan's **high-spirited** for many years, in this eventful season, it is easy to be robbed by the reverse of capital, and shorting Japan can make up for the loss of a weakening dollar.
Japan's manufacturing industry has also suffered a series of blows, Toshiba Electric delisting, automobile exports have been surpassed by China, Toyota counterfeiting, and Russia, energy and shipping costs have increased a lot, which can be said to be a lot of benefits. Manufacturing is fundamental, and if manufacturing is hit, the financial system will be under more pressure, and there are signs that the Japanese economy is not as optimistic as it seems, and the good time is coming to an end.