The Spider’s Thread Background I recalled one story “The Spider’s Thread” by Ryūnosuke Akutagawa. https://en.wikipedia.org/wiki/The_Spider's_Thread This story tells us about to save only his/herself is bad things. My idea This story can apply everything in our minds. Developed countries have/had tried to save only own countries. Developed countries provided fake help to developing countries for maintaining advanced position. In 21st century, the way is no use. Now, Global South appears.
2024/3/10. Negative interest rates cancellation Recently, Bank Of Japan(BOJ) try to cancel negative interest rates. I doubt that it is effective for stagflation. In Japan, stagflation is happening, not simple inflation. I feel that BOJ can’t stop stagflation by negative interest rates cancellation. If Japan power people misunderstand about the difference between stagflation and inflation, Japan economy will be worse.