this is the news we want, page-10

OK jantimot, your clearly in the "bury your head in the sand" category right along with the bureaucrats that have supervised Japan's stagnation for the past 25 years.

Japanese interest rates are virtually zero so some appreciation there is going to be a positive event and get savings out of the dormant PO savings accounts and out working in the economy. Perhaps into financing retooling of products that provide an economic return, duh.

The Japanese Govt. is already broke as your brethren have squandered Japanese prosperity by sitting on their hands for 25 years. Stimulating the economy while Japan still enjoys some tech superiority is basically their last shot. The eventual flow thru to Govt revenue should be obvious. Getting people into productive jobs and perhaps working longer, given Japan's aging population, is also an obvious positive for Govt finances.

Just like the US Japan needs to rejig to take advantage of cheap & plentiful gas and probably to get their nuclear position sorted.

While your very quick to criticise "Abenomics" I note the complete absence of any positive alternates, like the majority of perennial knockers. Abe won't get it all right but he's having a go at waking Japan from a 25 year slumber and even if he just instigates a change of direction it's got to be better than Japan meekly sliding into obscurity, as it's clearly been doing.

Japan's immediate economic future will have a significant influence on rebuilding ROW RE demand so any change of recent direction has to be positive.