10/30/2012

nobody can



It was fine, but is clouded now today. Weak wind blows. It is a chilly day.
Bank of Japan decided to perform additional monetary easing for an exit from deflation in Japan. Bank of Japan increases the scale of the fund to purchase the assets such as government bonds to 91 trillion yen from current 80 trillion yen.
In addition, Bank of Japan introduces a new lending system to promote the financing by the bank.
However, strong yen does not stop for the such small amount of increase as expected.
Many domestic major export industries have already moved production bases to the foreign countries. However, the small and medium size export companies receive a blast of the strong yen directly. There seem to be more 8,070,000 people working in companies increasing than people working in companies becoming the pinch by strong yen in current Japan.
Japanese Government and Bank of Japan will not wrestle seriously. The Japanese Government explains that the stock price of companies fall does not reflect real economy.
The difference of the poverty and wealth spreads surely like U.S.A. in Japan. There are not work to be satisfied with even if many university students graduate.
The Japanese pension policy is about to fail, too. The pension pay-out age improves year by year. Japanese elderly people look for a place of employment, too, but fitting jobs are not found.
The current world economy does not become the structure that a brisk type of industry pushes up the business results of other types of industry.
It is so-called winner-take-all. All is derived to affiliates in the group. And the profit is pooled in the corporate group and does not appear in the market.
The current world recession is winner-take-all recession.
Even if each country promotes the easy-money policy, nobody can steal out of this structural depression.




Nekogahora rues de Nagoya et Yokohama Atsugi promenade