Anonymous ID: 77912b Dec. 3, 2023, 1:29 p.m. No.20020403   🗄️.is 🔗kun

>>20020338

Fulford is one of them

Been saying that “on the verge” for many years

>no ninjas?

Is there SOME truths in what he sez?

Yes however most of it is garbage as he was up talking muh RV and QFS and where’d that go?

And he’s supposed (by own statements) part of the personel “working” on it all

Take the Bill Cooper approach-listen to everything and believe nothing unless you verify it yourself

Anonymous ID: 77912b Dec. 3, 2023, 1:42 p.m. No.20020445   🗄️.is 🔗kun   >>0486 >>0890 >>0897 >>1032

>>20020404

Scholz got time to talk to Brazilian President and US State Dept though-cap

He won’t be in that job for long as the Batshit cray FM BAERbock trying to get his job and probably will

 

Lula in Berlin for first Brazil-Germany talks in eight years

 

https://www.msn.com/en-gb/news/world/lula-in-berlin-for-first-brazil-germany-talks-in-eight-years/ar-AA1kVw4C

Anonymous ID: 77912b Dec. 3, 2023, 2:19 p.m. No.20020560   🗄️.is 🔗kun   >>0859

>>20020502

>Mnuchin

The guts (good parts) of IndySmack were spun out of receivership into OneWest Bank where munchkins was waiting

Crying’ Chuck was hand picked to question its viability in public and that created the run that required its takeover

 

From IndyMac to OneWest: Steven Mnuchin's Big Score

https://www.bloomberg.com/news/articles/2012-03-22/from-indymac-to-onewest-steven-mnuchins-big-score

Anonymous ID: 77912b Dec. 3, 2023, 3:25 p.m. No.20020835   🗄️.is 🔗kun   >>0843

Getting???!

 

(They’ve strengthened muh yen and dropped the 10JGB rate cap 2 is 10 year chart and cap 3 is same timeframe for muhbYen (that is result of stagflation as much as anything else) the system has done a good job convincing everyone that 60/40 investing is still good strategy as November washed out the shorts of both bond and equity markets but BoJ still fugged as the hangover will wear off soon after the year changes and that is when the FOMC cuts rates first then begins QE again thus making all the 60/40 ‘experts’ “right”)

 

Op Ed: Japanese macroeconomic policy is getting muddled

 

The most puzzling policy to emerge in Japan over the past decade, in terms of macroeconomic logic, is the recent announcement that the government intends to cut personal income taxes.

The government has justified its proposal for a 40,000 yen ($271) per person tax rebate as paying back citizens for their contributions to economic growth which in turn are said to have boosted government revenues. This logic is hard to understand. First, the government is already wrestling with how to fund planned increases in defense spending and programs intended to boost the birthrate. Of course, the government is not expected to rely exclusively on higher taxes but at least some tax increase must be envisioned. Second, the logic of "returning" increased tax revenue is problematic. Government spending has been growing faster than tax revenues for some time which is why the ratio of government debt to gross domestic product in Japan has steadily risen to 260%. So the government is already doing more than just "returning" increased tax revenue to its citizenry. If a "return" of collected taxes is called for, it should be done for the benefit of future generations in the form of reducing the issuance of government bonds. This would lower the repayment burden future citizens will face.

But if the government's fiscal position becomes unsustainable, logically speaking, the result must be either inflation or default.

Fiscal discipline is already being lost.How on earth does a fiscal decision like this tax cut get made? It seems to reflect a degree of disfunction in Japan's political and bureaucratic system.

Many Japanese economists have gone silent of late. Concerns about the worsening national fiscal situation are dismissed as just crying wolf. The influence of Modern Monetary Theory is part of the reason. Government bureaucrats have also gone quiet under the regime of "politician-led policy formation." But it is important to cry out now, especially in a situation where potential upward pressure on bond yields tends to be suppressed by the Bank of Japan's yield-curve control program and aggressive purchases of government.

Consider the case of a large-scale natural disaster….like Fukushima too!

This year marks the 100th anniversary of what is known as the Great Kanto earthquake-see below the parallels to that and current “policy”.. Thousands died around Tokyo and its suburbs from the quake and its aftermath. Given its seismological history, Japan has to be prepared for earthquakes of equal or greater magnitude.

Huge spending will be necessary in case of any fresh disaster. But if the government's fiscal space gets used up in normal times, the authorities will not be able to deploy fiscal policy for stabilization when that is most needed. The consequences of that would be devastating. Another risk of Japan's narrowing fiscal space is that rating agencies could downgrade the country's sovereign debt. Japanese banks have expanded their holdings of foreign currency-denominated assets in recent years in response to the shrinking domestic market (Largest Foreign Holder of US Debt) This has required the use of foreign currency funding from the market, sometimes through arrangements in which Japanese government bonds are used as collateral. If the market stops accepting the bonds as collateral due to a possible rating downgrade, the consequences would be dire.

All in all, maintaining fiscal discipline is vital.

Another issue is the question of which direction macroeconomic policy in Japan is heading in terms of inflation. On the one hand, to respond to rising energy prices that have boosted overall inflation, the government is providing subsidies to mitigate the pain felt by consumers. On the other hand, the government continues to seek to increase the inflation rate, as shown by its justification of its tax cut plan as a measure for "completing the exit from deflation." The Bank of Japan is also making every effort to boost inflation.

Moar

https://asia.nikkei.com/Opinion/Japanese-macroeconomic-policy-is-getting-muddled

https://tradingeconomics.com/japan/government-bond-yield

https://tradingeconomics.com/japan/currency

Keep in mind they are always losing each time they step in to intervene in Debt and currency markets-they are about to shove a ton of money into China

Anonymous ID: 77912b Dec. 3, 2023, 3:34 p.m. No.20020868   🗄️.is 🔗kun   >>0873 >>0897 >>1032

>>20020837

He just sold AMZN shares too not a lot as it’s a parking ticket but expect moar towards YE.

Sells about $1-2n to fund muh blue dick

Jeff Bezos Just Sold $240 Million Worth of Amazon Stock and He's Planning to Sell More. Here's What Investors Need to Know

https://www.msn.com/en-us/money/companies/jeff-bezos-just-sold-240-million-worth-of-amazon-stock-and-hes-planning-to-sell-more-heres-what-investors-need-to-know/ar-AA1ky8pv

https://www.sec.gov/Archives/edgar/data/1043298/000110465923119577/xslF345X05/tm2330611-10_4seq1.xml