Wednesday, July 8, 2015

Dollar decline - the United States or to bankruptcy

Or popular for investors "Japanese Yen" is the world of debt power in the "appreciation of the yen mystery why recession
http://moneyzine.jp/article/detail/183590
Are you invited (Dear) yen, the low interest rate policy concerns and the United States of Greece financial anxiety by the European economy may be mentioned that the strong observation of the prolonged. It money of avoidance destination around the world who fear these risks has become a Japanese Yen.
However, in Japan it has become financial deterioration serious problems. When calculated by the estimated population (estimate) of the January time this year, the per capita debt has piled up to about 6.83 million yen, it has not been shown path of fiscal consolidation. In situations such as media on a daily basis it has been loudly publicized the crisis of the financial collapse, why the Japanese yen of debt superpower is bought in the investors of the world.
This is the contents of the debt of Japan. Although the government debt of Japan has been growing much, in fact, it is a debt from other countries' external debt, "there is little. Government bonds in Japan, sells its majority to domestic financial institutions,'s a local currency. Sale of government bonds to overseas is only just 6.4% (end of March 2009), the risk of becoming a stretch funds pulled in default from abroad (the default) low.
On the other hand, Japan has excellent financial surplus and currency reserves, it is also a one of the best creditor nation in the world. Debt many, but it comes to assets are quite faces. Also although in Japan is said and debt superpower, the amount is not increasing projects, even in comparison with the major developed countries of Europe and the United States. Britain and France, has continued increasing debt in the same way even if in Italy, as a refuge for the relatively funds, he is a creditor nation the Japanese currency has been bought. (Koryaku) "

Wahahaha we have that will not be decided with the w much this hand, but indeed the writer of this article or read a book Mitsuhashi, or would be likely to have heard the lecture. "The amount is not increasing projects, even in comparison with the major developed countries of Western" and the like, Mitsuhashi will talk in the lines I left this in lectures.
Conclusive evidence is the part of the image description.

"Net assets of Japan is the world's largest, as the nation is the world's rich."

In fact, this expression "Japan net assets of the (National)" does not almost Watakushi and Hiroshimiya other than Mr.. Other people make the expression "foreign net assets of Japan". Net assets and net foreign assets amounted to statistically the same concept, numerical value will match.
In short, if you do not understand the Japanese "national balance sheet" (↓ this), we do not come out the term "net assets of Japan".

[Balance sheet 2009 of the Japan National September 30 preliminary-end of June definite value (Unit: trillion yen)]
http://members3.jcom.home.ne.jp/takaaki.mitsuhashi/data_26.html#JPBS0909

Of Japan and the "external assets" which is the difference of "external debt", "net foreign assets", the fact is the world's largest will rests newspaper occasionally. However, when looking at this fact from the opposite side, the Ministry of Finance says "country of debt!" Is I it is would Barre in one shot is a lie.

In fact, "the country's debt" of Japan (all economic entities of the debt of Japan) is not a 900 trillion or 1000 trillion far from. 5223.7 is trillion yen.
However, there is also a 5475.7 trillion yen towards the "country of the assets" of Japan, the net assets of the difference has been reached to 247.6 trillion yen. This amount is, I mean that as there is also in moneyzine article "world's largest".
Think commonly as "rich" is because would mean that the net assets are often economic entities, of Japan the world's largest net assets as a nation will be the fact that the world of the rich.
If the case that Japan is not doing any trade and financial transactions with foreign countries, assets on the national balance sheet and liabilities match, net assets are not born (also net debt). There are exchanges with overseas, precisely because there is accumulation of foreign assets and foreign liabilities, it is not that the left and right of national balance sheet does not match. In the case of Japan, it is why the difference is recorded as "net assets (or net external assets)."

By the way, "someone's assets, someone's debt. Someone of liabilities, someone of assets" is on the balance sheet is. Japan is more than it is "the world's largest net asset countries", "(not necessarily in one country) the world's largest net debt countries" the other side always MUST exist.
You know, it is the United States.

["Balance sheet of the nation" American 2008 version]
http://members3.jcom.home.ne.jp/takaaki.mitsuhashi/data_26.html#USBS2008

The United States (and stacked = foreign liabilities) and stacking the trade deficit, debt on the national balance sheet will not exceed $ 4 trillion (08 year end) the assets. In other words, it is a translation of net foreign debt countries.

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