Japan’s record trade deficit raises fresh DOUBTS about ABENOMICS !

[he-man]

The underlying problem is the energy imports. Since most of our nuclear reactors are de-activated, out import of energy overpowers our export-related profits. Once we reactivate all the nuclear reactors and fix our energy import issue, the problem will be solved.

Many of you Japan-detractors are not reading the entire message.

But what can I expect from Japan-detractors.

@Jlaw , seriously, stop sipping that haterade.

Nope,wrong.
Japan has been outclassed by south korea and taiwan in most of the things as i mentioned in my post no 11.
If u follow technology keenly u will know that japan no longer makes the best

1)earphones
2)music players
3)televisions
4)laptops
5)blu ray players
6)smartphones

It still makes the best cameras and gaming consoles but the processors are amd or intel anyways.

So overall its consumer electronics business which was the main reason for its success has declined in the past 5 years,,,,while south korea has leapfrogged

 

[Aepsilons]

Nope,wrong.
Japan has been outclassed by south korea and taiwan in most of the things as i mentioned in my post no 11.
If u follow technology keenly u will know that japan no longer makes the best

1)earphones
2)music players
3)televisions
4)laptops
5)blu ray players
6)smartphones

It still makes the best cameras and gaming consoles but the processors are amd or intel anyways.

So overall its consumer electronics business which was the main reason for its success has declined in the past 5 years,,,,while south korea has leapfrogged

Best in terms of what? Price ? Trust me, the affordability of products does not equate to quality.

 

[Raphael]

The underlying problem is the energy imports. Since most of our nuclear reactors are de-activated, out import of energy overpowers our export-related profits. Once we reactivate all the nuclear reactors and fix our energy import issue, the problem will be solved.

Many of you Japan-detractors are not reading the entire message.

But what can I expect from Japan-detractors.

Are you saying nuclear reactors don't require fuel? Or that you will produce the uranium yourselves?

Anyway, the bulk of energy imports is petrol, for cars and and other vehicles. Unless you're replacing your nation's entire fleet of cars with electric models (lol), there is absolutely no substitute for oil. There's a reason that not one advanced industrialized nation has managed to cut their dependence on fossil fuels. And with chaos in the Middle East looking to deepen, the price of oil is only going to surge. Short of a major revaluation in the price of the yen (which kinda kills the point of 'Abenomics'), there is very little chance your trade deficit is reversing.

 

[Aepsilons]

The Bank of Japan actually projects a moderate recovery of the economy. And I shan't reiterate points I've made already in the Japan Economy Thread, so if you want to read some of my posts there, go and visit the thread.

 

[he-man]

Best in terms of what? Price ? Trust me, the affordability of products does not equate to quality.

Nope,price is of no concern to me.
I meant superior quality product

 

[Aepsilons]

Nope,price is of no concern to me.
I meant superior quality product

Sony still is superior to any Korean or Chinese brand in terms of quality.

Unfortunately, Japanese brands such as Sony, Toshiba, Mitsubishi, Panasonic, Aiwa et al are substantially pricier than more affordable / cheaper Korean and Chinese brands. If you go to Walmart, you can get a 50 inch smart TV (Samsung) for $700. A Sony will cost $1200. So, the average American family who may be financially restricted will prefer the Samsung, which will be $500 less than the Sony. But the Samsung brand being cheaper does not negate the fact that the technology within the Sony brand is far more superior, which is the reason why it is pricier in the first place.

Its like comparing a Hundai Accent and a Toyota Corolla, Honda Civic, Nissan Altima.

Hyundai will be more affordable (usually $5-10k) cheaper than the Japanese brands.

But it doesn't change the fact that Toyota, Honda and Nissan perform better.

 

[he-man]

Sony still is superior to any Korean or Chinese brand in terms of quality.

Unfortunately, Japanese brands such as Sony, Toshiba, Mitsubishi, Panasonic, Aiwa et al are substantially pricier than more affordable / cheaper Korean and Chinese brands. If you go to Walmart, you can get a 50 inch smart TV (Samsung) for $700. A Sony will cost $1200. So, the average American family who may be financially restricted will prefer the Samsung, which will be $500 less than the Sony. But the Samsung brand being cheaper does not negate the fact that the technology within the Sony brand is far more superior, which is the reason why it is pricier in the first place.

Its like comparing a Hundai Accent and a Toyota Corolla, Honda Civic, Nissan Altima.

Hyundai will be more affordable (usually $5-10k) cheaper than the Japanese brands.

But it doesn't change the fact that Toyota, Honda and Nissan perform better.

Nope,looks like u haven't used a sony product in a long long time
Don't be emotional dude.

 

[Raphael]

The Bank of Japan actually projects a moderate recovery of the economy. And I shan't reiterate points I've made already in the Japan Economy Thread, so if you want to read some of my posts there, go and visit the thread.

It's possible for the economy to grow even amidst a raging trade deficit. It just means that domestic consumption/investment has to make up for it. But you tried to imply that the trade deficit was 1. anomalous, and not an obvious consequence of money-printing 'Abenomics' and 2. likely to be reversed after some simple ad hoc economic band-aids. Both are crazy and indefensible assertions.

BTW, why, as you've suggested, does a Sony TV cost $1200 and a Samsung $700, even after dramatic devaluation of the yen? You're running out of excuses! Just admit that Japan lost its comparative advantages in manufacturing a loooong time ago.

 

[Aepsilons]

Nope,looks like u haven't used a sony product in a long long time
Don't be emotional dude.

I'm using a Sony now. lol.

Again, you're sharing your subjective personal opinion.

Go perform a business matrices , and come back to me.

 

[he-man]

I'm using a Sony now. lol.

Again, you're sharing your subjective personal opinion.

Go perform a business matrices , and come back to me.

U are a fanboy,it seems.
I have got 3 sony walkmans,5 sony earphones..........a smartphone(xperia z1)
Also i am interested in tech so i keep a good tab,,,sony is not what it used to be.

Read the product reviews,,,hell use the product and u would know urself.
It has been overshadowed by samsung and lg.

In terms of audio chinese companies like fiio and vsonic have shaken sony up.
Walkman business will be out in a couple of years and earphone business is not looking good either especially compared to chinese.Laptops(vaio) was never a good seller for sony.

The only profitable businesses are cameras,sony motion pictures and consoles..............rest are all loosing money,there is a reason for that

But maybe we will see a turnaround,one never knows

 

[Aepsilons]

It's possible for the economy to grow even amidst a raging trade deficit. It just means that domestic consumption/investment has to make up for it. But you tried to imply that the trade deficit was 1. anomalous, and not an obvious consequence of money-printing 'Abenomics' and 2. likely to be reversed after some simple ad hoc economic band-aids. Both are crazy and indefensible assertions.

BTW, why, as you've suggested, does a Sony TV cost $1200 and a Samsung $700, even after dramatic devaluation of the yen? You're running out of excuses! Just admit that Japan lost its comparative advantages in manufacturing a loooong time ago.

@Raphael

While monetary and fiscal policies will do most of the heavy lifting in the short term, structural reforms, which the BOJ has argued are long overdue, will be the long-term linchpin of Abe's plans.Abe hopes the easing of monetary policy will drive down exchange rates, which would give exports a major boost. The yen has fallen 8 percent against the dollar since the end of 2012, dipping to a twenty-seven–month low last December and prompting Japanese manufacturers to predict a rebound in production. The hope is that a rise in corporate earnings will result in higher wages, thus increasing private consumption and boosting stock prices. So far, markets have rallied: the Nikkei index is up almost 40 percent and consumer prices are rising, albeit on the back of higher imported energy costs. These forces should cumulatively create a wealth effect, which consumer spending will contribute to.

I think it is important to look at the overall picture. As the energy issue is resolved, and domestic consumption of energy imports (LNG, electric) the issue of trade deficit will renege. Fiscally speaking, Japan needs to establish greater security for its renewable energy paltforms, be they wind, solar, nuclear -- as it is heavily dependent on non-renewable. These problems pose as challenges that should be seen as a positive for the nation and the leadership. As these will be issues that will be eventually conquered in the quest to increase the nation's renewable energy platforms.

We have to remain realistic and with a broadened point of view of the issue(s) at hand.
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Lastly: @he-man , you're giving me subjective hearsay and your own personal preferences. Sadly they do not regard as objective financial reports, which posit the antithesis. Thank yo for voicing your preference(s), tho.

 

[Götterdämmerung]

Sony still is superior to any Korean or Chinese brand in terms of quality.

Unfortunately, Japanese brands such as Sony, Toshiba, Mitsubishi, Panasonic, Aiwa et al are substantially pricier than more affordable / cheaper Korean and Chinese brands. If you go to Walmart, you can get a 50 inch smart TV (Samsung) for $700. A Sony will cost $1200. So, the average American family who may be financially restricted will prefer the Samsung, which will be $500 less than the Sony. But the Samsung brand being cheaper does not negate the fact that the technology within the Sony brand is far more superior, which is the reason why it is pricier in the first place.

Its like comparing a Hundai Accent and a Toyota Corolla, Honda Civic, Nissan Altima.

Hyundai will be more affordable (usually $5-10k) cheaper than the Japanese brands.

But it doesn't change the fact that Toyota, Honda and Nissan perform better.

If the Japanese companies can't make mass products the consumers can afford, they simply produce off target. Sure, there are plenty of rich people who can afford high-end consumer products, but they would rather buy a Ferrari, Leica or Miele, even in the high end hi-fi category, there are plenty of European brands to choose from.

 

[he-man]

@Raphael

While monetary and fiscal policies will do most of the heavy lifting in the short term, structural reforms, which the BOJ has argued are long overdue, will be the long-term linchpin of Abe's plans.Abe hopes the easing of monetary policy will drive down exchange rates, which would give exports a major boost. The yen has fallen 8 percent against the dollar since the end of 2012, dipping to a twenty-seven–month low last December and prompting Japanese manufacturers to predict a rebound in production. The hope is that a rise in corporate earnings will result in higher wages, thus increasing private consumption and boosting stock prices. So far, markets have rallied: the Nikkei index is up almost 40 percent and consumer prices are rising, albeit on the back of higher imported energy costs. These forces should cumulatively create a wealth effect, which consumer spending will contribute to.

I think it is important to look at the overall picture. As the energy issue is resolved, and domestic consumption of energy imports (LNG, electric) the issue of trade deficit will renege. Fiscally speaking, Japan needs to establish greater security for its renewable energy paltforms, be they wind, solar, nuclear -- as it is heavily dependent on non-renewable. These problems pose as challenges that should be seen as a positive for the nation and the leadership. As these will be issues that will be eventually conquered in the quest to increase the nation's renewable energy platforms.

We have to remain realistic and with a broadened point of view of the issue(s) at hand.
----------------------------------


Lastly: @he-man , you're giving me subjective hearsay and your own personal preferences. Sadly they do not regard as objective financial reports, which posit the antithesis. Thank yo for voicing your preference(s), tho.

Have u read sony financials??
Find them urself


But here is the diff between samsung and sony btw


Samsung - Wikipedia, the free encyclopedia

Sony - Wikipedia, the free encyclopedia

 

[Raphael]

@Raphael

While monetary and fiscal policies will do most of the heavy lifting in the short term, structural reforms, which the BOJ has argued are long overdue, will be the long-term linchpin of Abe's plans.Abe hopes the easing of monetary policy will drive down exchange rates, which would give exports a major boost. The yen has fallen 8 percent against the dollar since the end of 2012, dipping to a twenty-seven–month low last December and prompting Japanese manufacturers to predict a rebound in production. The hope is that a rise in corporate earnings will result in higher wages, thus increasing private consumption and boosting stock prices. So far, markets have rallied: the Nikkei index is up almost 40 percent and consumer prices are rising, albeit on the back of higher imported energy costs. These forces should cumulatively create a wealth effect, which consumer spending will contribute to.

I think it is important to look at the overall picture. As the energy issue is resolved, and domestic consumption of energy imports (LNG, electric) the issue of trade deficit will renege. Fiscally speaking, Japan needs to establish greater security for its renewable energy paltforms, be they wind, solar, nuclear -- as it is heavily dependent on non-renewable. These problems pose as challenges that should be seen as a positive for the nation and the leadership. As these will be issues that will be eventually conquered in the quest to increase the nation's renewable energy platforms.

We have to remain realistic and with a broadened point of view of the issue(s) at hand.

dude, it's like you c+p'ed this from Abe's campaign website. you apparently don't know what 'renege' means (it doesn't mean 'subside'). but most importantly, you can't even defend your positions, that 1. the trade deficit is anomalous, and 2. that the trade deficit can be easily reversed. because both are quack positions to take.

 

[he-man]

If the Japanese companies can't make mass products the consumers can afford, they simply produce off target. Sure, there are plenty of rich people who can afford high-end consumer products, but they would rather buy a Ferrari, Leica or Miele, even in the high end hi-fi category, there are plenty of European brands to choose from.

The quality is not good anymore.

Sony does not make panels for lcd tv's anymore(makes it under collaboration as jdc)
Sony does not make any processors (arm based)
Sony does not have any oled or amoled television while both samsung and lg have got functional 55 inch amoled tv's

And u know what,,,10 years back sony was the 1 st brand that came out with oled tv(kuro i think)........32 inch oled tv

Its loosing in pretty much everything................this year the net income in 1.2 billion$ for sony compared to 30 for samsung

Chinese economy is in much worse state. Even so worse that it is generally known that Chinese authorities are cooking the books. What can you expect from a paper tiger? Probably Abe has higher IQ than the aggregate of the Chinese race.

U obviously are as away from tech as a person living on moon