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41 sats \ 3 replies \ @siggy47 OP 5 Aug \ parent \ on: Japanese Bonds, Stocks Halted After Plunging Into Bear Market econ
If they step back now it will look like a panic move, and will just make things worse. The US needs to move first.
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64 sats \ 2 replies \ @Satosora 5 Aug
Isnt Japan having problems because of how much the USA is printing their own money and treasuries?
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41 sats \ 1 reply \ @siggy47 OP 5 Aug
Japan just raised interest rates after over 30 years of rates near zero. It was a dramatic (crazy?) move in the face of recessionary signs.
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21 sats \ 0 replies \ @Satosora 5 Aug
I see. Japans economy has been struggling for a while now. People arent interested in spending more than they need. Japan is a pretty thrifty society.
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