A lot of people don't know that the yen carry trade was actually popularized by Japanese housewives decades ago. Traditionally in Japan wives were expected to manage the household, but that included the husband's finances as well. Those housewives often had a better grasp on markets than their husbands.
88 and only 2 billion yen? lol, not impressive at all. I've got a 3 monkey stock experiment in my basement right now and one of them has made 3 times that and he's only 4 years old. I'd fire the other 2 slackers if they weren't making at least 120% of what that old man was.
@@zerohcrows It sounds like he's a forex trader, not a stock trader. Turning a decent profit on forex consistently does seem pretty impressive but no doubt he's still just been lucky.
"He claims to have made over two billion Yen." He says he saw this coming but still suffered a loss... This old dude is just gambling in his retirement. And the arrogance of this former pet store owner to suggest he knows more than the BOJ Governor is staggering.
Will the zebras notice that many hyenas are gathering in the former Great Country and try to escape? or will they be so distracted by the appearance of a UFO that they will pretend not to notice it? If they stay there and get eaten by lions and hyenas, A will be "great again". but,but... I feel sorry for him, so I want to tell him, ｢That place is dangerous, so run away quickly｣.
Carry traders in Iceland lost everything in 2008 crash. They borrowed from Japan and invested in ICeland. and then Iceland crashed famously and these investors lost everything............ moral of the story. This investement is far from safe.
@@ltk7309 What are you talking about?India's fertility rate has fallen heaps and heaps below. It is 2.0 which is beyond the replacement level of 2.1 and way behind the world average of 2.3. Mexico's fertility rate is 1.8 which is very much comparable to India's. And coming to fastest growing economy, Mexico hasnt grown beyond 6% even single time in last 10 years. Whereas India has achived growth numbers above 6% every single years except covid year. You are wrong on both fronts. Why even bother to comment wrong information dude?
This video overlooks one important point. Due to the ongoing inflation in recent years, the prices of essential goods (mainly food) have been soaring in Japan, making life difficult. The Bank of Japan is responsible for the stability of domestic prices, not for the stability of investors' wallets.
But, due to unruliness or poor behavior there has been, as of late, major pushback against tourism here in Japan. It's a move that simply can't be made while major fumbles like this are occuring.
Tourists behave badly everywhere, Japan is still a small destination globally. If France can cope with twice the numbers at half the size, then Japan can adapt to do so as well
@@jebbo-c1l Unlike those frogs, the Japanese actually care about their nation and culture. So, no, Japan shouldn’t have to babysit Gaijin problems. Tourism and immigration are just terrible for any country’s well-being.
@@AchilIes I don't think tourism or immagration are the real issues (yes, they have impact but...), the westernization of Japanese youth is causing them to care less and less about their own history/culture. So if you have to blame something, I'd blabe capitalism.
Having lived in Japan for years, I realized that in these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
You are basically doing it on a small scale every time you use your credit card. If you make a $100 purchase with a credit card in the beginning of the month, you don't pay it back until the end of the month. That means you get to invest $100 for one month. For most people they will earn some small interest in their savings account during that month.
They don't actually explain why the Yen is volatile, just the consequences of the Yen rising. The Yen to USD exchange rate was already quite volatile even before interest rates went up
@@ltk7309 No, "volatile" means subejct to frequent change. One sharp rise is not "volatile". After the Plaza Accords but before the recent rate hikes, the Yen to USD exchange rate was highly volatile for decades. You can look up the historical charts. In 1990 it was around 150 Yen to 1 USD, in 1995 it was around 80 Yen to 1 USD, in 1998 it was around 140 Yen to 1 USD. In 2011 it went as low as 75 Yen to 1 USD, now it's about 160 Yen to 1 USD. Other major global currencies are not this volatile and this video does not explain why.
@@ltk7309 No, "volatile" means subject to frequent change. One sharp increase in the Yen's value due to a rate rise is not "volatile". In fact, between the Plaza Accords and the recent rate rise the Yen to USD exchange rate was highly volatile, you can look up the historical charts. In 1990 it was around 150 Yen to 1 USD, in 1995 it was around 80 Yen to 1 USD, in 1998 it was around 140 Yen to 1 USD, in 2000 it was around 100 Yen to 1 USD. In 2011 it was around 76 Yen to 1 USD, now it's around 150 Yen to 1 USD. No other major global currency is this "volatile" and the video doesn't explain why
@@ltk7309 No, they didn't. "Volatile" means subject to frequent change. One recent increase in value due to interest rate rises is not volatility. If you look up the historical USD to Yen exchange rate charts you'll see that the rate is crazy volatile, much more so than the rate between the USD and other major currencies. This video doesn't explain why that's the case
The yen was already over 160usd and it wouldn't stop there, of course the BoJ had to do something, and they buying yen wasn't working against so much trade, they did the only thing they could do. This is not that difficult.
It was just a matter of time that they would raise the interest rate again. Anyone who thought otherwise clearly doesn't understand Japan's economic situation. And of course it would shake the markets, Japan is the fourth largest economy.
But then as a Brazilian living in Japan it's all relative. Mind you in Brazil the interest rate right now is 10.5%. And believe it or not it's a fairly normal rate (it used to be 15% at times.) And still it devalued to close to 6 reals a dollar in the recent stampede (it used to be parity some 20 years ago.) I tell my Japanese friends just imagine the dollar at 600 yens and that's my country and they go crazy oh man how your country is still around. And I'm not even talking about Argentina...
So interest rates have been low in Japan because of a slugging economy, doesn't that admit that the government is in full control of interest rates? Because i don't think the market would keep interest rates low when japans debt to gdp ratio is over 250%
That is the mystery of the yen. How much debt the market can tolerate for a currency that belongs to the world's 3rd or 4th largest economic power is uncertain. No one knows how much or when it will reach the limit. The day we find out the answer will likely be the worst day for the market.
@@RivusVirtutis It's 38th par capita. the debt stays with BOJ, but the treasury sets fiscal that is the reason. We have money, but won't be able to use it.
@@tatsumasa6332 Per capita GDP is not the main issue. The yen’s status as a key currency, centered around the dollar, adds complexity to this mystery. Despite having limited domestic use for our money due to an aging and shrinking population, Japan still holds the accumulation of wealth from when it was at the top of the world economy. This wealth is retained within corporations, the wealthy, and social infrastructure. As a result, Japan can only export capital. Moreover, there aren't enough skilled people in Japan to export this capital effectively, so foreigners are doing it for us through yen carry trades.For the same reasons, despite losing strength due to declining populations, the yen and the euro are now crucial in determining global capital flows, making them more vulnerable to global influences. Once wealthy, now aging nations have unexpectedly become central to the flow of global capital.
Because people are constantly leveraging and deleveraging using the yen makes exponential swings in demand based on which side is favorable. Either high demand for the yen or the opposite currency its traded against.
This video is so impressive and breath giving in my armchair. I stopped at little equity Tesla and went on with the Japanese retail part. Every unvoted for soldier should know how low value ground is compared to FX.
Menepiskan hambatan hambatan yang bisa memperburuk jalannya perekonomian bisa menjadi opsi yang paling memungkinkan dalam menjaga volalitas arus kas yang stabil
0:34 I love that this is the first image they used for "investors." I imagine they will flesh this guy out later, but I like it better without context. Old Japanese man with Parakeet on head= "investors."
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto
Here in Italy there is a huge amounts of American tourists, the have no problem paying every prices, cost of living is through the roof in major touristic cities right now.
Unique to Japan how its government has been able to rely almost exclusively on debt for 25 years with little or no reaction (or even awareness) from the general population, when if, say, the German government tried it, there'd be protests and uproar. Cue the kneejerk reaction "Oh it's ok, because it's domestic debt" - point is, that's not the whole point.
The fact that so much of Japan's debt is domestic is exactly the point. As long as Japanese companies are willing to invest in their government, the debt is not an issue. Because those companies cannot afford to have their own government default on the debt. If however, a lot of your debt is in foreign hands, those foreign creditors can cause a country a lot of pain when they demand that you repay them on time.
There are too many ways to gamble and it's ruining everything. It's so prevalent that you essentially have to participate just to attempt to get ahead and hopefully secure a comfortable retirement.
9:58 he is the master from Vagabond. "Preoccupied with a single leaf, you won't see the tree. Preoccupied with a single tree, you'll miss the entire forest."
So, A trader borrows money from Japan in Yen where it is sold to him by a retail trader who is looking to make more on his money than what is offered by the banks. The trader then sells Yen and buys Dollar. The dollar is then put into US stock market especially options and futures hoping that when the underlaying goes up so will the derivative. When that happens the trader sells the derivative, sells USD, buys Yen, repays the loan and pockets the difference as profit! All because Yen is available for cheap yet Yen is in demand for high value exports that Japan does to the rest of the world!
That’s all on former Bank of Japan president Haruhiko Kuroda. It’s a perfect example of how just one incompetent person can ruin and affect millions of lives without any accountability . Fortunately for Japan, the new BoJ president seems to have more common sense and is fixing his mistakes.
日本人なのにおじいちゃんの言葉がほとんど理解できなかった。翻訳者を尊敬します。
最初マジで何言ってるか解らなくて驚いた
6:02 ここだけ分かった
@@りか-d4h 草
この方の日本語より英語字幕の方が理解できる😂
6:15植田総裁に禿げてるって言ったのは聞き取れた
Both the old man and the inn lady were impressive. She runs a traditional inn but still seems to have a solid grasp of modern finance. 💯
What one had to do with another? Is like saying you can't do math because you read books
Agree. What's more impressive is the fact that she keeps that beautiful smile despite the hardship she is going through
A lot of people don't know that the yen carry trade was actually popularized by Japanese housewives decades ago. Traditionally in Japan wives were expected to manage the household, but that included the husband's finances as well. Those housewives often had a better grasp on markets than their husbands.
@@Chessmapling There is a manga called "FX Fighter Kurumi-chan", which the whole story base on this topic
@@Obsidian-Nebula don't be so thick, it is obvi impressive she is watching interest rates and how they impact her biz
The old man was so impressive!!
88 and only 2 billion yen? lol, not impressive at all. I've got a 3 monkey stock experiment in my basement right now and one of them has made 3 times that and he's only 4 years old. I'd fire the other 2 slackers if they weren't making at least 120% of what that old man was.
@@zerohcrows It sounds like he's a forex trader, not a stock trader. Turning a decent profit on forex consistently does seem pretty impressive but no doubt he's still just been lucky.
@@zerohcrows What do you want a medal?
"He claims to have made over two billion Yen." He says he saw this coming but still suffered a loss... This old dude is just gambling in his retirement. And the arrogance of this former pet store owner to suggest he knows more than the BOJ Governor is staggering.
@@luxushauseragency keep believing the propaganda 🫧
"I don't trust people but animals are honest"
Words to live by sir!
ok
@@apoe5029😊
😊😊😊😊😊😊😊😊
You can trust the hungry Lion to eat you.
Will the zebras notice that many hyenas are gathering in the former Great Country and try to escape?
or will they be so distracted by the appearance of a UFO that they will pretend not to notice it?
If they stay there and get eaten by lions and hyenas, A will be "great again".
but,but... I feel sorry for him, so I want to tell him, ｢That place is dangerous, so run away quickly｣.
@@_Tony.Montana Why? Did the Lion said he is not going to eat you?
Old man with a parrot 🦜 was cool asf
ok
@@apoe5029 yes
it was budgie.
We need a documentary on Shigeru Fujimoto😂😂
Exactly! Seems like quite an interesting character. He must have a lot of tales interesting to finance nerds! 😄
Yes, He is an interesting character like in a film.
for real
I was just thinking the same thing! Dude is cool and probably has so much knowledge
He might be one of the founding fathers of cryptocurrency hahaha.. 😆😁
The budgie lost $4.57 in the yen carry trade unwind but that was only 15% of his overall portfolio. He’s well diversified.
That innkeep lady has a beautiful voice. So soothing.
And her sentences are very polite and well composed. I think she is well educated both in tourism and finance
That's how most well-mannered Japanese women are. That seems to be the norm when I lived there in the 2000s.
As a Japanese, I am amazed how eloquent her Japanese is. Unfortunately, most Japanese speak in a more rough style.
わかるけどあくまで「アメリカの投資家の意見」であって日本の意見ではねえよなあ
06:03 This man computer set-up is better than most people.
Carry traders in Iceland lost everything in 2008 crash. They borrowed from Japan and invested in ICeland. and then Iceland crashed famously and these investors lost everything............ moral of the story. This investement is far from safe.
lol sooOOOo fun $$$
should have invested in india. They are fastest growing economy in world.
@@manorsolomon951 nope, it's Mexico.
@@manorsolomon951 The only thing growing fast in India is fertility rate. Y'all really gotta learn birth control...overpopulation literally kills.
@@ltk7309 What are you talking about?India's fertility rate has fallen heaps and heaps below. It is 2.0 which is beyond the replacement level of 2.1 and way behind the world average of 2.3. Mexico's fertility rate is 1.8 which is very much comparable to India's.
And coming to fastest growing economy, Mexico hasnt grown beyond 6% even single time in last 10 years.
Whereas India has achived growth numbers above 6% every single years except covid year.
You are wrong on both fronts. Why even bother to comment wrong information dude?
This video overlooks one important point. Due to the ongoing inflation in recent years, the prices of essential goods (mainly food) have been soaring in Japan, making life difficult.
The Bank of Japan is responsible for the stability of domestic prices, not for the stability of investors' wallets.
05:28 "I don't trust people" words of wisdom.
But, due to unruliness or poor behavior there has been, as of late, major pushback against tourism here in Japan. It's a move that simply can't be made while major fumbles like this are occuring.
Tourists behave badly everywhere, Japan is still a small destination globally. If France can cope with twice the numbers at half the size, then Japan can adapt to do so as well
tourism has nothing to do with it.
non Japanese dont know how rude they are❤
@@jebbo-c1l
Unlike those frogs, the Japanese actually care about their nation and culture. So, no, Japan shouldn’t have to babysit Gaijin problems. Tourism and immigration are just terrible for any country’s well-being.
@@AchilIes I don't think tourism or immagration are the real issues (yes, they have impact but...), the westernization of Japanese youth is causing them to care less and less about their own history/culture. So if you have to blame something, I'd blabe capitalism.
Having lived in Japan for years, I realized that in these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Nice👌
日本銀行がドル円の設定目標を開示すれば安定するよ。
日本経済が低迷したのは1980年代に米国の貿易摩擦スーパー301条で報復されたから。現在の中国のように。
あとデジタル産業に乗り遅れたことも大きい。もっともGAFAMとかには全世界が出し抜かれているけど。
Using credit cards for investments is wild to me.
Like it's insane! Short term credit to buy long term stock! Jesus Christ!
You are basically doing it on a small scale every time you use your credit card. If you make a $100 purchase with a credit card in the beginning of the month, you don't pay it back until the end of the month. That means you get to invest $100 for one month. For most people they will earn some small interest in their savings account during that month.
Remember when everyone was saying Japans currency would collapse because of their massive debt? I remember
People are still saying that now. And it still might.
It still will
@@StormInATeaCup35 ok bud
Then the USD should have collapsed many times already
@@radry100 yeah, silly logic
Too short documentary for such a complex situation
They don't actually explain why the Yen is volatile, just the consequences of the Yen rising. The Yen to USD exchange rate was already quite volatile even before interest rates went up
@@poshbo umm they did. The main reason for the recent volatility is because of the sudden rate hikes by BoJ.
@@ltk7309 No, "volatile" means subejct to frequent change. One sharp rise is not "volatile". After the Plaza Accords but before the recent rate hikes, the Yen to USD exchange rate was highly volatile for decades. You can look up the historical charts.
In 1990 it was around 150 Yen to 1 USD, in 1995 it was around 80 Yen to 1 USD, in 1998 it was around 140 Yen to 1 USD. In 2011 it went as low as 75 Yen to 1 USD, now it's about 160 Yen to 1 USD. Other major global currencies are not this volatile and this video does not explain why.
@@ltk7309 No, "volatile" means subject to frequent change. One sharp increase in the Yen's value due to a rate rise is not "volatile". In fact, between the Plaza Accords and the recent rate rise the Yen to USD exchange rate was highly volatile, you can look up the historical charts.
In 1990 it was around 150 Yen to 1 USD, in 1995 it was around 80 Yen to 1 USD, in 1998 it was around 140 Yen to 1 USD, in 2000 it was around 100 Yen to 1 USD. In 2011 it was around 76 Yen to 1 USD, now it's around 150 Yen to 1 USD.
No other major global currency is this "volatile" and the video doesn't explain why
@@ltk7309 No, they didn't. "Volatile" means subject to frequent change. One recent increase in value due to interest rate rises is not volatility. If you look up the historical USD to Yen exchange rate charts you'll see that the rate is crazy volatile, much more so than the rate between the USD and other major currencies. This video doesn't explain why that's the case
The 88 year old pensioner is inspiring!
86 year old with 13million USD.. wow..
Joke or what? It's more stable then the USD.
Thank you so much!! From Japanese.
is not stable at all every day it changes 1%-3% at least and any progress the economy makes gets wipe basically every 6 months
"The Great Unwind", as we call it today...lady, this just happened. :P
And this is just the beginning.
the subtitle skipped the bit where he called the BOJ governor bald💀
6:15
The yen was already over 160usd and it wouldn't stop there, of course the BoJ had to do something, and they buying yen wasn't working against so much trade, they did the only thing they could do. This is not that difficult.
It was just a matter of time that they would raise the interest rate again. Anyone who thought otherwise clearly doesn't understand Japan's economic situation. And of course it would shake the markets, Japan is the fourth largest economy.
Japan is third.
But then as a Brazilian living in Japan it's all relative. Mind you in Brazil the interest rate right now is 10.5%. And believe it or not it's a fairly normal rate (it used to be 15% at times.) And still it devalued to close to 6 reals a dollar in the recent stampede (it used to be parity some 20 years ago.) I tell my Japanese friends just imagine the dollar at 600 yens and that's my country and they go crazy oh man how your country is still around. And I'm not even talking about Argentina...
円が不安定なのではなく、ドルが不安定なのです。倒産前の会社の財務状況の感じ。
円高なのでは無くしばしばドルの急落が来ている。そこは気づいて欲しい。
違います。
全く。
海外の投資家から見ればもちろん円安、もっというと利率が上がらないほうが良い。
日本で生活するサラリーマンからするとエネルギー、食料含めた多くの資源は輸入なので円高の方がいい。円安で得するのは人件費くらいで、それは即ち我々労働者階級の実質賃金の目減りに繋がってる。
日銀が世界に大きな影響を与えることを知って、当たり前のことだけど驚いた。
なんか色々違う
1部ばかりを切り取りすぎている
利上げは相当慎重にしていたしそもそもサプライズ利上げなんてものは有り得ない。
市場のボラティリティが大きいのはImplied Volatility、VIX指数のショートをヘッジファンドが持ち過ぎてるからと昔から分かっているだろう
行き過ぎたRisk parity戦略が変動を大きくしている
今まで利上げをしてこなかったことが異常であり、今になってその問題が浮き彫りになっただけで、前兆は既にありました
Keep up with great work bringing us videos like this ❤❤, didn't imagine how currency like Jen can fluctuate so much
thatha you are gold , symbol of perseverance
Great resource persons. That ojiisan especially is a vibe!
"But animals are honest"
Me: Squints and looks at my cat
So interest rates have been low in Japan because of a slugging economy, doesn't that admit that the government is in full control of interest rates? Because i don't think the market would keep interest rates low when japans debt to gdp ratio is over 250%
Is 250% bad? How about 350%? It does not make any difference. Japan can just print money as long as inflation stays under 2%.
Manipulation.
That is the mystery of the yen. How much debt the market can tolerate for a currency that belongs to the world's 3rd or 4th largest economic power is uncertain. No one knows how much or when it will reach the limit. The day we find out the answer will likely be the worst day for the market.
@@RivusVirtutis It's 38th par capita. the debt stays with BOJ, but the treasury sets fiscal that is the reason. We have money, but won't be able to use it.
@@tatsumasa6332 Per capita GDP is not the main issue. The yen’s status as a key currency, centered around the dollar, adds complexity to this mystery. Despite having limited domestic use for our money due to an aging and shrinking population, Japan still holds the accumulation of wealth from when it was at the top of the world economy. This wealth is retained within corporations, the wealthy, and social infrastructure. As a result, Japan can only export capital. Moreover, there aren't enough skilled people in Japan to export this capital effectively, so foreigners are doing it for us through yen carry trades.For the same reasons, despite losing strength due to declining populations, the yen and the euro are now crucial in determining global capital flows, making them more vulnerable to global influences. Once wealthy, now aging nations have unexpectedly become central to the flow of global capital.
So clearly I missed it, Why is the Yen so volatile?
Because people are constantly leveraging and deleveraging using the yen makes exponential swings in demand based on which side is favorable. Either high demand for the yen or the opposite currency its traded against.
@@TK-gd9tdNow not really
because of hedge funds selling VIX index
Sasaki and Pi-chan (X)
Shigeru and Pi-chan (✓)
By the way Shigeru in English is Gary
This video is so impressive and breath giving in my armchair. I stopped at little equity Tesla and went on with the Japanese retail part. Every unvoted for soldier should know how low value ground is compared to FX.
Menepiskan hambatan hambatan yang bisa memperburuk jalannya perekonomian bisa menjadi opsi yang paling memungkinkan dalam menjaga volalitas arus kas yang stabil
the most interesting facts is that the Japanese trader started trade at age 66, you are never too old to start trade.
He said he had been trading since 19, he started using the internet to day trade at 66, he's now 88.
Stock markets need to end. Pointless waste of resources.
No.
0:34 I love that this is the first image they used for "investors." I imagine they will flesh this guy out later, but I like it better without context. Old Japanese man with Parakeet on head= "investors."
Fear and uncertainty create major wealth. It's those who take the risk and have strong gut to endure the bloody days. When i notice extreme dips i tend to actually move more money to crypto
Best of luck Mrs Watanabe!
been watching the charts this week each day after work. im gonna start demoing this next week God's willing.
all issues come from the way the us exports inflation.
Here in Italy there is a huge amounts of American tourists, the have no problem paying every prices, cost of living is through the roof in major touristic cities right now.
Love this. I love how the commoners are betting and be smart and end up losing everything. Lox ❤❤❤
Bloomberg's caption wasn't right @ 6:15. The old man explicitly said Kazuo Ueda is bold!
円安最高！！🙌🏻✨
The stock markets are as big as a balloon 🎈 the real economies are as big as a pin 📌.
2024 is the new 1929.
Unique to Japan how its government has been able to rely almost exclusively on debt for 25 years with little or no reaction (or even awareness) from the general population, when if, say, the German government tried it, there'd be protests and uproar. Cue the kneejerk reaction "Oh it's ok, because it's domestic debt" - point is, that's not the whole point.
The fact that so much of Japan's debt is domestic is exactly the point. As long as Japanese companies are willing to invest in their government, the debt is not an issue. Because those companies cannot afford to have their own government default on the debt. If however, a lot of your debt is in foreign hands, those foreign creditors can cause a country a lot of pain when they demand that you repay them on time.
Or, for real world example, Liz Truss in the UK, who tried to go on a borrowing binge and got punished heavily for it.
@@Hans-gb4mvand prices for things in Japan have been incredibly stable for a very long time so locals don't care.
Yeah, when you work 80 hours a week it’s kinda hard to protest
@@yamabiru4553日本の週の労働時間は40時間くらいが普通です。最近は長時間労働の取り締まりが非常に厳しく、残業はめったにありません。今や、日本の年間平均労働時間はアメリカよりも短い。長時間労働として有名な国は韓国に移り変りました。
Thank you for your work
TIming was spectacularly bad? No, it was necessary to prevent the JPY from sinking any lower.
There are too many ways to gamble and it's ruining everything. It's so prevalent that you essentially have to participate just to attempt to get ahead and hopefully secure a comfortable retirement.
6:13 Actually, this old man jokingly says "Ueda is intelligent enough to have thin hair."
The gesture is meant to convey that joke.😆
A 10 yen change should NOT have any impact on foreign travel.
yeah! needs more explaination
日本のオールドメディアにはあまり見受けられない、日銀の理解不能な金融引き締めに対する真っ当な批評。このような海外メディアの日本語字幕の動画は日本人の金融リテラシーを上げる可能性があるのですごく良い。ありがとう。
Love the video
Possible research project: Enumerate possible risks to Japanese Balance of Trade and generate likelihood probabilities.
Great journalism, thanks! ❤
Wont somebody think of the poor investors?
They don't think about us when they are making profits.
@@Hans-gb4mv
😂😂😂
9:58 he is the master from Vagabond. "Preoccupied with a single leaf, you won't see the tree. Preoccupied with a single tree, you'll miss the entire forest."
But the other way around...
The Land Of The Samurai
And also The Land Of Mrs Watanabes😂
What does Mrs watanabes mean 😮
i live in japan (almost 6 years now) and boy is everything expensive now
そうですか？
9年前に100円で売っていた低脂肪牛乳が、今では150円で売っているぐらいの違いしかありません。
9年で1.5倍
（イオンで売っている最も安い牛乳の価格）
Mrs. Yamamoto strikes again... "the widowmaker trade" never dies...
アメリカから見て日本円が不安定なら、それは同時にアメリカドルが不安定という事でもあるのだが？
0:34 ここ好き
他国の一般的な意見でも日銀の行動は意味不明という事だな。日銀の意味不明な利上げ以降、日本株への信頼は無くなった。ポジション減らしてる
どちらかというと
アメリカドルに合わせて円相場が揺れている感じがするぞ・・・？
Great time to buy stocks.. 🤷♂️
日本語字幕もあるのか
Yes, now there are.
経済に興味あるからリスニングに丁度良い
Could u guys do a research on who or what company benefitted or profited from this stock debacle
I love japan❤
old man with a parrot, also a millionaire, literally a manga character
old man is soooooo based
keep things simple. people like to think they're being sophisticated by doing something complicated.
Echt super, dass es eure Beiträge in deutsch gibt. Thx Bloomberg.
I want to be that old man
Any chance you could cover risk management strategies in an upcoming video? I want to trade safer.
そもそもの発端は単純にヘッジファンドが円売り仕掛けてきたんじゃないの？まぁなんで仕掛けてきたのかは複雑だろうけど
なんかそのへんの言及がなかったから不信感…
金利の引き上げだって大失敗って言ってるけど、円安とバブルの抑制としてはまぁ効果的だったのではないの？
I inherited a substantial amount of money from my Japanese grandfather, in Yen, what should I do with it?
That's awesome!!! I know nothing about investment and I'm keen on getting started.
What are your strategies?
Make a documentary on Old man ❤
10億人もいて景気低迷してるどっかの独裁国家よりマシ
I appreciate you helping people achieve financial freedom through trading. Your work really matters!
So,
A trader borrows money from Japan in Yen where it is sold to him by a retail trader who is looking to make more on his money than what is offered by the banks.
The trader then sells Yen and buys Dollar.
The dollar is then put into US stock market especially options and futures hoping that when the underlaying goes up so will the derivative.
When that happens the trader sells the derivative, sells USD, buys Yen, repays the loan and pockets the difference as profit!
All because Yen is available for cheap yet Yen is in demand for high value exports that Japan does to the rest of the world!
1:02 Can you tell me what that is in Yen please
(144,069,500,000,000.00)
i need to move to japan immediately
Us dollar and gold
it ain't even getting started yet....
そうっすね😢円安は嫌🤬
円安こそ至高
円安で得をする人間もいれば損をする人間もいる。問題は、貴方が損をする側に立っている事だ
BOJ can increase the interest rate but Japan's massive debt and in turn the Yen will then completely collapse under its own weight.
That’s all on former Bank of Japan president Haruhiko Kuroda. It’s a perfect example of how just one incompetent person can ruin and affect millions of lives without any accountability . Fortunately for Japan, the new BoJ president seems to have more common sense and is fixing his mistakes.
because of USAA
I’m going to Japan in a month did the yen just get stronger?
Her voice would make interesting cold villain in next anime
we spend so much time and effort on gambles and delusions (finance trading and speculation) rather than actually creating stuff)