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1 week ago General
Japan’s surge in long-term bond yields is raising the cost of money across the economy. Higher rates are forcing households, companies and the government to adj…
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CNA <br><br>Double credit squeeze now.<br>First since 2020 US$ interest up to 5.5%, now big Japanese offshore lending squeeze up to 3%.<br><br>Singapore and Malaysia should cut spending. Those unnecessary $70,000 a baby till age 16 is worthless when cheap reorganising. <br><br>(Making half of our girls marry at age 19 to 22 years old using traditional matchmaker to older capable man)<br><br>This will protect our fiscal position. <br><br>😢
Japan have a big property bubble with the sharp rise in housing loans.<br>They have earthquake problem as you should expect at least one destruction in your lifetime.<br>Japan is a high cost country as electricity, land cost , insurance etc is expensive .<br>Inflation, high oil prices are hitting Japan hard.<br>The government will face a budget squeeze.
Japan still has 3.5% Mortgages? They are 6%+ in the US....
HAHAHAHA i mean their citizens supported this right? then just suck it up and pay the interest for their 500k houses (1 hour away from tokyo) which might not stand when earthquake hits ?
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