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Not to mention yet other signs of Japans wrecked economy: * Zombie giant banks, addicted to bailouts * Currency pushed and pulled by Yen carry trade * Comple

by tezza 13y ago

Not to mention yet other signs of Japans wrecked economy: * Zombie giant banks, addicted to bailouts * Currency pushed and pulled by Yen carry trade * Complete efficiency collapse. Workers work very long hours accomplishing little * Eye watering debt ( worlds largest on many measures )

fnordfnordfnord 13y ago
Kyle Bass is pretty bearish on the Japanese economy; has been for several years. If he turns out to be right, the Japanese are in for a bad time. I get the impression that a lot of it is due in part to the demographics (lots of elderly, at least they are healthy). 04/08/2013 - http://thecommonsensecapitalist.com/2013/04/08/kyle-bass-on-japan/ http://thecommonsensecapitalist.com/2013/04/08/kyle-bass-on-... 06/31/2013 - http://seekingalpha.com/article/1473301-should-we-allow-kyle-bass-to-bet-on-the-economic-implosion-of-japan http://seekingalpha.com/article/1473301-should-we-allow-kyle... 01/21/2013 - http://www.forbes.com/sites/stephenharner/2013/01/21/whither-japan-stocks-and-bonds-are-kyle-bass-and-martin-feldstein-right-is-market-collapse-ahead/ http://www.forbes.com/sites/stephenharner/2013/01/21/whither... 05/23/2013 - http://www.bloomberg.com/news/2013-05-23/boj-bond-buying-to-be-overwhelmed-by-investor-sales-bass-says.html http://www.bloomberg.com/news/2013-05-23/boj-bond-buying-to-...
- chrisgd 13y ago
  Kyle Bass believes the Japanese will default, despite their ability to print their own currency. He was successful in shorting MBS, but his Japan fund has never been correct.
- mathattack 13y ago
  Kyle Bass is credible because he has a lot of money on the line too. He's not just selling books.
- kaonashi 13y ago
  Kyle Bass advocates shorting Japanese debt. A trade colloquially known as the 'Widowmaker'.
mathattack 13y ago
I hear you. Add in the loss of good employment, and the make-work in the public sector. Per capita GDP doesn't help if there are not enough new entrants in the workforce to replace departing workers. With no immigration, there won't be enough people to carry the load. I love Japan, and the deflation made it cheaper to visit, but it's a cultural attraction more than anything else.

by tezza 13y ago

fnordfnordfnord 13y ago

Kyle Bass is pretty bearish on the Japanese economy; has been for several years. If he turns out to be right, the Japanese are in for a bad time. I get the impression that a lot of it is due in part to the demographics (lots of elderly, at least they are healthy). 04/08/2013 - http://thecommonsensecapitalist.com/2013/04/08/kyle-bass-on-japan/ http://thecommonsensecapitalist.com/2013/04/08/kyle-bass-on-... 06/31/2013 - http://seekingalpha.com/article/1473301-should-we-allow-kyle-bass-to-bet-on-the-economic-implosion-of-japan http://seekingalpha.com/article/1473301-should-we-allow-kyle... 01/21/2013 - http://www.forbes.com/sites/stephenharner/2013/01/21/whither-japan-stocks-and-bonds-are-kyle-bass-and-martin-feldstein-right-is-market-collapse-ahead/ http://www.forbes.com/sites/stephenharner/2013/01/21/whither... 05/23/2013 - http://www.bloomberg.com/news/2013-05-23/boj-bond-buying-to-be-overwhelmed-by-investor-sales-bass-says.html http://www.bloomberg.com/news/2013-05-23/boj-bond-buying-to-...

chrisgd 13y ago
Kyle Bass believes the Japanese will default, despite their ability to print their own currency. He was successful in shorting MBS, but his Japan fund has never been correct.
mathattack 13y ago
Kyle Bass is credible because he has a lot of money on the line too. He's not just selling books.
kaonashi 13y ago
Kyle Bass advocates shorting Japanese debt. A trade colloquially known as the 'Widowmaker'.

mathattack 13y ago

I hear you. Add in the loss of good employment, and the make-work in the public sector. Per capita GDP doesn't help if there are not enough new entrants in the workforce to replace departing workers. With no immigration, there won't be enough people to carry the load. I love Japan, and the deflation made it cheaper to visit, but it's a cultural attraction more than anything else.