@Mr_Sempere@KilianMuster China is not ahead of the US. I have been to China. I know people who have fled China. Cost of living is lower and so are wages. Way lower. They use 3rd world poverty markers. Make more than a starving African and you are considered out of poverty.
@Mr_Sempere@KilianMuster Currency value affects the price of goods and services sold. The strength of a country's currency affects all aspects of people's lives. When it's weak enough, prices are forced to go up.
@Mr_Sempere@KilianMuster No it isn't. For example, aside from stock investments, I'm active in currency markets. By looking at GDP and Trade balance average % change I was able to determine that the New Zealand dollar was losing value against US dollar and Euro.
@Musokitigo@KilianMuster No need. This is all a bogus metric that has drastically different results depending on the year. Anyone can pick a year and write their own narrative around it. Who knows how its calculated. What sample size. Investors hold assets for longer than a year. This is implausible.
@Mr_Sempere@KilianMuster GDP is used to measure market activity within a country. How much are people buying within a country. Nothing more, nothing less. You pair it with other macro data and piece together how healthy an economy is.
@bunburyoudoujp@HotBodKebab@kurotesuta When subtract all the ways I am productive from the equation to try to get back on your script. Keeping quiet about issues doesn't change shit either.
@bunburyoudoujp@HotBodKebab@kurotesuta It's not an Etsy store asshole. You don't care yet you're asking about what I do. Nothing I can do to fix Japan's economy. Government over-regulation and deficit spending is not on me. It's not my fault.
@bunburyoudoujp@HotBodKebab@kurotesuta Investing in quotes? You digging for something to start a new thread? Investing is a process. I also have my own online business.
@HotBodKebab@bunburyoudoujp@kurotesuta You got nothing. All your posturing on yen carry trade and as bond yields spiked the yen didn't spike bullish or bearish. Just coping, kebab.
@HotBodKebab@bunburyoudoujp@kurotesuta All this yen carry trade hysteria is just people making ad revenue sensationalizing whatever they can. With all the hysterical financial news put now the yen is doing what it has been doing. Same long term trajectory.
@HotBodKebab@bunburyoudoujp@kurotesuta Whatever market actions the govt takes will be temporary. Currency, like all other assets are driven by supply and demand. Slowing GDP, and trade balance growth is less Yen demand. Deficit spending is increasing money supply. This has the longer term impact.
@HotBodKebab@bunburyoudoujp@kurotesuta Switzerland has had next to nothing rates too . The reason why Switzerland doesn't have the issues yen does currently is because they kept their deficits relatively in check. Money supply is not growing at the same rate.
@HotBodKebab@bunburyoudoujp@kurotesuta You didn't say shit. You definitely didn't say a why. It hasn't Bond yields have just ballooned. Interest rates are going up and it's still currently losing value to the USD as I watch the chart. Deficit spending increases money supply. Yen M2 👇 https://t.co/vI1pNT1iFF
@EricMPro@KilianMuster He's making a narrative around some metric which yields widely different data year by year. Pick a year and Japan doesn't even make top 15.
@bunburyoudoujp@HotBodKebab@kurotesuta What's this about self awareness? He asked about yen carry trade. Both of you go on the record and say something about the yen carry trade. Just being smug and conceited.
@HotBodKebab@kurotesuta@bunburyoudoujp You haven't made a point. You just asked a question and are being smug about it. Unless you make one, you're just a smug troll.
@onebeggar@KilianMuster Yeah, I see that now. Who in the heck knows how this is measured because depending on the year Japan doesn't even make top 15. This year is just an outlier where US is low. Go ahead and pick your favorite year and write a narrative around it I guess.
@HotBodKebab@kurotesuta@bunburyoudoujp ChatGPT? Nope, Kebab troll. I'm pretty active in markets. Yen carry trade don't mean shit. Her budget has been on the news. Deficit spending is far more detrimental to the economy. Multiple outlets. Take your pick. https://t.co/Sba7ekNvFG