Or a recipe for the total collapse of the Japanese economy. This will force interest rates up, making the Govt. bankrupt, killing internal demand and anyone who holds JGBs. And making it expensive to borrow to retool production lines.
Abenomics has already resulted in record high fuel prices as the Yen has devalued by 25% in 4 months. Plus all other imported goods have risen similarly. Japan is not Uganda either. Or the USA.
Good old Abe. Failed as PM in 2007. Now back with comments like:
"It's unfortunate that there are people who tout the mostly unfounded fears of hyperinflation," (oh good, fears of hyperinflation are "mostly" unfounded!),
and "Prime Minister Shinzo Abe urged Japan's business leaders Tuesday to raise wages for employees, saying the move could help stimulate domestic demand and beat more than decade-long deflation."
http://e.nikkei.com/e/fr/tnks/Nni20130205D05JF061.htm
http://e.nikkei.com/e/fr/tnks/Nni20130205D05JF102.htm
Japan's economic position to help LYC? I don't think so.
- Forums
- ASX - By Stock
- LYC
- this is the news we want
this is the news we want, page-3
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B |
Open | High | Low | Value | Volume |
$6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 26354 | $6.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.15 | 3758 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10596 | 6.100 |
2 | 329 | 6.090 |
3 | 1300 | 6.080 |
6 | 28264 | 6.070 |
2 | 166 | 6.060 |
Price($) | Vol. | No. |
---|---|---|
6.210 | 710 | 1 |
6.230 | 5000 | 1 |
6.280 | 4100 | 1 |
6.290 | 158 | 1 |
6.300 | 5200 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
LYC (ASX) Chart |