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Nobody's mentioned what's pushing firms like Softbank to look for bold overseas acquisitions. Japan has a major government debt crisis looming, and the only wa
by Pitarou 13y ago
Nobody's mentioned what's pushing firms like Softbank to look for bold overseas acquisitions.
Japan has a major government debt crisis looming, and the only way out for the Japanese government is to print Yen plus financial repression. Large, profitable Japanese firms like Softbank are desperate to insulate themselves from this (and maybe even profit from it) while they still can. Converting Yen to overseas capital looks like a smart move at the moment.