"It's A Disaster" - Japanese Stocks Suffer Biggest Point Drop Since Black Monday \ stacker news ~econ

"It's A Disaster" - Japanese Stocks Suffer Biggest Point Drop Since Black Monday www.zerohedge.com/markets/its-disaster-japanese-stocks-suffer-biggest-point-drop-black-monday

1762 sats \ 16 comments \ @siggy47 2 Aug econ

I'm very confused, but this is so interesting. They have zirped for so long that this is really a cool laboratory to see how this stuff ends. I don't have a clue, but I will be watching.

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64 sats \ 3 replies \ @0xbitcoiner 2 Aug

Wow!

https://m.stacker.news/43021

I don't know if you're seeing it too, but on my computer look at the advertising that appears on that link.

https://m.stacker.news/43022

87 sats \ 1 reply \ @siggy47 OP 2 Aug

I was hoping all this bad macro news would crash bitcoin, and allow me to pay off my territories cheap. So far no luck.

162 sats \ 0 replies \ @0xbitcoiner 2 Aug

I love it when bitcoiners want the price to fall ... many people don't understand this, I think it's fantastic!

32 sats \ 0 replies \ @siggy47 OP 2 Aug

Excellent!

67 sats \ 1 reply \ @Coinsreporter 2 Aug

It's seems gloomy everywhere except India where Stock Market jumped to all time high yesterday.

https://m.stacker.news/43097

0 sats \ 0 replies \ @satspy 2 Aug freebie

India economy runs on manipulated stats. Every department of stat has been falsified and power of modi fascist govt

76 sats \ 0 replies \ @jakoyoh629 2 Aug

This market plunge is so dramatic that the Japanese will have their eyes wide open :)

76 sats \ 1 reply \ @Undisciplined 2 Aug

In a ZIRP country, every business that makes a positive return is viable, because there's no outside risk-free option for the capital.

When there are interest rates for savings, only businesses with returns above those rates are viable. That logic trickles through everything. Only workers who yield a return above that rate will be retained. Only products that can be marked up by more than that rate (plus marginal operating expenses) will be sold. On and on it goes.

42 sats \ 0 replies \ @siggy47 OP 2 Aug

What's that old quote? The markets can stay irrational longer than you can remain solvent? I'm glad I didn't place any big bets on Japan over the years.

43 sats \ 0 replies \ @grayruby 2 Aug

It’s amazing to see. The market has no tolerance for rates about zero.

43 sats \ 2 replies \ @Satosora 2 Aug

It will come up eventually. Just a matter of time. The Japanese are resilient people.

21 sats \ 1 reply \ @siggy47 OP 2 Aug

Yes they are. I still don't understand how the economy was more or less okay for the average person for the last 35 years.

43 sats \ 0 replies \ @Satosora 2 Aug

I know, the last 10 to 15 years have been quite a ride. How many economies have flopped?

0 sats \ 0 replies \ @riberet19 2 Aug

There are other markets that are falling quite a bit as well, it seems that it is not only a matter of Japan.

0 sats \ 0 replies \ @Satoshi__Nakamoto 2 Aug

I will be watching. Same here 😉

0 sats \ 0 replies \ @Octopus 2 Aug outlawed

stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.