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Mad, Mad World; Japan Prime Minister Unveils "Crisis Beating" Cabinet

By Mish   Follow   Wed, 26 Dec 2012, 1:32pm   293 views   7 comments
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Mad, Mad World; Japan Prime Minister Unveils "Crisis Beating" Cabinet With Pledge to Increase Spending; Yen Sinks to Two-Year Low
http://globaleconomicanalysis.blogspot.com/2012/12/mad-mad-world-japan-prime-minister.html
Mish

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1. lostand confused Follow Befriend (9) 165 threads 1,549 comments Premium

   1   1:35pm Wed 26 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   Maybe they are just fighting the Fed's unending QE. The Yen is close to life time highs-though lower now. The Chinese manipulate their currency and nobody seems to care-so why should the Japanese keep doing nothing. Borrow and spend seems to be the new mantra-countries or for mortgages.

2. 121212 Follow Befriend 83 threads 687 comments male

   2   1:41pm Wed 26 Dec 2012   Share   Quote   Permalink   Like   Dislike   lostand confused says The Chinese manipulate their currency and nobody seems to care-so why should the Japanese keep doing nothing. Borrow and spend seems to be the new mantra-countries or for mortgages. Not just it's currency, but commodities, businesses bottom lines, stock valuations , on and on it goes.

3. 121212 Follow Befriend 83 threads 687 comments male

   3   1:42pm Wed 26 Dec 2012   Share   Quote   Permalink   Like   Dislike   China dropped $30Billion of government money to take over the solar industry. Partly why Solyndra failed.

4. marcus Follow Befriend (5) 168 threads 5,086 comments

   4   2:07pm Wed 26 Dec 2012   Share   Quote   Permalink   Like   Dislike   121212 says China dropped $30Billion of government money to take over the solar industry. Partly why Solyndra failed. That's impossible. Goverment investment in industry never works. Well, you know, with the exception of defense related industries.

5. 121212 Follow Befriend 83 threads 687 comments male

   5   3:16pm Wed 26 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   It's an untold story. While China dumped into Solar, Obama spread the money around into multiple renewable energy sources for local consumption. Hence as of 2016 the USA will be a net exporter of gas and oil! http://www.wjla.com/articles/2012/12/exxon-north-america-could-be-future-net-energy-exporter--82982.html Exxon: North America could be future net energy exporter

6. 121212 Follow Befriend 83 threads 687 comments male

   6   3:17pm Wed 26 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   http://www.cnbc.com/id/100301519 North America Can Be Net Energy Exporter by 2025 "The EIA said last Wednesday that U.S. natural gas production would grow faster than expected through the next two decades, paving the way for the country to be a net gas exporter as early as 2016."

7. 121212 Follow Befriend 83 threads 687 comments male

   7   3:20pm Wed 26 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   This is how to create safety and security for the USA, without being dependent on ANY middle eastern country! Although I am anti-fracking! It's not transparent and not as safe as the energy companies make it out to be. The long term effects of pumping 600 toxins (unknown) + into the earth is troubling.