2016/7/17 Review about 3 arrows of Abenomics: Broken arrows or not?
Abenomics in Japan
https://en.m.wikipedia.org/wiki/Abenomics
Abenomics in Japan has 3 arrows,
•Monetary easing
•Increasing public spending
•Growth strategy
To increase GDP 3%, the arrows are shoot.
(My opinion)
The arrows are right, except for ignoring real economy. The arrows are standard arrows on ideal economy, not on real economy. In real economy, global economy is growing up and there are a lot of competition.
In fact, people who shoot the arrows, has old economy head. I can imagine their inner head. In their head, Japan economy stands on combination of national isolation economy and getting money by selling cars to foreign countries.
(Answer)
Power people in Japan has old head to economy. Renewing their head is difficult. And the arrows' effects are going to shoot young people in Japan.
For example, too much monetary easing makes decreasing value of money ¥.
Increasing public spending makes heavy tax.
Growth strategy is not yet? No, aging process are now.
#In their head, the workers are enough foolish to control mind.
##It's over. Japanese young people pays heavier and heavier taxes. How long they can withstand is problem. It's not so long.
Abenomics in Japan
https://en.m.wikipedia.org/wiki/Abenomics
Abenomics in Japan has 3 arrows,
•Monetary easing
•Increasing public spending
•Growth strategy
To increase GDP 3%, the arrows are shoot.
(My opinion)
The arrows are right, except for ignoring real economy. The arrows are standard arrows on ideal economy, not on real economy. In real economy, global economy is growing up and there are a lot of competition.
In fact, people who shoot the arrows, has old economy head. I can imagine their inner head. In their head, Japan economy stands on combination of national isolation economy and getting money by selling cars to foreign countries.
(Answer)
Power people in Japan has old head to economy. Renewing their head is difficult. And the arrows' effects are going to shoot young people in Japan.
For example, too much monetary easing makes decreasing value of money ¥.
Increasing public spending makes heavy tax.
Growth strategy is not yet? No, aging process are now.
#In their head, the workers are enough foolish to control mind.
##It's over. Japanese young people pays heavier and heavier taxes. How long they can withstand is problem. It's not so long.