Japan

The Wrath of Abenomics: Sales Collapse, Inflation Soars

by Wolf Richter •  • Comments Off on The Wrath of Abenomics: Sales Collapse, Inflation Soars

Even the soothsayers and spin doctors expected a downdraft after Japan’s consumption tax was jacked up to 8% from 5%, effective April 1. But not this.

The Growing Catastrophe Known as Abenomics

by David Stockman •  • Comments Off on The Growing Catastrophe Known as Abenomics

In a decade or two, nearly 40% of the Japanese population will be retired; and the single-risk it should never take is to induce a collapse of its currency, and the resulting sharp inflation of its import bill for virtually all its energy and industrial materials.

Exodus of Japan Inc. Slams China

by Wolf Richter •  • Comments Off on Exodus of Japan Inc. Slams China

China’s moves “discourage” Japanese corporations from doing business there, said the Japanese government on Monday. That’s exactly what has been happening for months. In a most dramatic way, and where it hurts China the most.

This Chart Shows When the Smart Money Saw The Abenomics Fail

by Wolf Richter •  • Comments Off on This Chart Shows When the Smart Money Saw The Abenomics Fail

This year has been lumpy for stocks around the world. Gone are the wild rallies followed by mild rallies interrupted by minor downticks, followed by more rallies. That’s so 2013. It’s as if on December 31, someone turned off the spigot. But in Japan, it turned into a rout.

Total Abenomics Fail Slams Japan Where It Hurts Most

by Wolf Richter •  • Comments Off on Total Abenomics Fail Slams Japan Where It Hurts Most

Japanese corporations no longer even try to invest in Japan, but they’re falling all over each other grabbing the Bank of Japan’s freshly printed dough to invest it overseas.

The Madness of Abenomics In One (Crazy) Chart

by Wolf Richter •  • Comments Off on The Madness of Abenomics In One (Crazy) Chart

Abenomics, a democratically elected economic religion, was to save Japan. But the plan has already gone to heck. Not in small increments over the years with minor ups and downs, but in relentless month-to-month leaps whose viciousness surprised even the deep cynic in me.

I’ve Hammered On Japan’s Fiscal Nightmare, Abenomics, TEPCO, And Debacles… But There’s More To Japan

by Wolf Richter •  • Comments Off on I’ve Hammered On Japan’s Fiscal Nightmare, Abenomics, TEPCO, And Debacles… But There’s More To Japan

Dear Readers, friends, traders, gladiators, hard-working guys dreaming of retirement…. My personal relationship with Japan goes back to 1996, so here’s something different, something that isn’t cynical and harsh and dark, but appreciative and I hope enjoyable.