Did Abenomics Work for Japan? | The Big Conversation | Refinitiv

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  • Опубліковано 21 жов 2024
  • Real Vision’s Roger Hirst uses Refinitiv's best-in-class data to look at the legacy of Shinzo Abe, whose economic policy was called Abenomics and led the way for many of the aggressive fiscal and monetary policies now being adopted in Europe and the US. Japan needed a change, having been stuck with two decades of debt, deflation and demographics that had weighed on the economy. Did Abenomics make a huge difference? In the Chatter, we look at some of the unusual indicators that are appearing within the US equity market. Is this time different? In the Whisper, we look at what the trends in data usage imply about the speed with which different regions are returning to work.
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КОМЕНТАРІ • 40

  • @neo_varna
    @neo_varna 3 роки тому

    finally NOT clickbait , finally an in depth analysis of the situation

  • @dazzyduck3471
    @dazzyduck3471 4 роки тому +4

    Excellent analysis - appreciate it

  • @skynetsworld
    @skynetsworld 4 роки тому +15

    It worked in so far that the savers have been robbed successfully.

  • @bretondaluva
    @bretondaluva 4 роки тому

    Great channel, great vid.

  • @johnl.7754
    @johnl.7754 4 роки тому +13

    Getting more women to work and having more children is opposite goals. Can’t have both. Politicians not surprisingly is choosing immediate gratification.

    • @Uranium-238-Eater
      @Uranium-238-Eater 4 роки тому

      True that's why they need migrants. However Japan is so unnecessarily wary of that.

    • @fazole
      @fazole 4 роки тому +3

      @@Uranium-238-Eater
      There are a number of foreigners working in the gray market in Japan, especially Chinese students.

    • @nachannachle2706
      @nachannachle2706 4 роки тому +1

      Plenty of Filipino/as and South Indians in Japan. However, they are in precarious situations (VISA-wise), so unlikely to be driven to work more.
      Japan has somehow forgotten that people who have children make stabler/more productive employees because they want to carve a better future for their kids at all costs.

    • @Uranium-238-Eater
      @Uranium-238-Eater 4 роки тому

      Japan should realize they are three types of migrants 1. Planned 2. Illegal 3. Refugees. Planned migrants are the good ones, they generally work well and many even start their own businesses e.g. Polish people in England. The other two generally aren't so good.
      Yes, you have highlighted Japan has migrants but honestly in much fewer numbers than necessary, that's why they can only grow their economy through massive debt. More people need to be brought in to stimulate aggregate demand.
      Planned migration is the way forward for Japan.
      They shouldnt be so afraid of migrants coming in and ruining their culture, which is a lie. Because scientifically migrants who are welcomed and treated the same as the average citizen assimilate within a generation.

    • @apacheattackhelicopter8185
      @apacheattackhelicopter8185 4 роки тому +2

      @@nachannachle2706 No they don't. Here in Europe all the African and Arab migrants just have a ton of kids and live off the welfare benefits without working at all!

  • @knockitdown20
    @knockitdown20 4 роки тому

    Going into detail is fine, but please just add a summary - what's your take home message??

  • @tbseow344
    @tbseow344 4 роки тому

    What happened to the 3rd Arrow?

  • @jamrollz
    @jamrollz 4 роки тому

    why do you guys have 144hz screens to watch charts crawl at 1pixel an hour

  • @cfs8118
    @cfs8118 4 роки тому +4

    Of course Abenomics has not worked. But politicians will never cut spending. With large national debts, interest rates HAVE TO BE KEPT LOW. Clountries are trying to stimulate inflation, so that they can reduce the effect of high debt.
    Price inflation WILL happen, and it is not going to be pleasant......It will wipe out savings for the general public, but Governments don"t care, as long as they can maintain power through over-spending.

    • @markcole8887
      @markcole8887 4 роки тому

      Perhaps to compare and contrast Abe w/ trump isn't fair; he literally makes anybody look good. Beyond pathetic the poor leadership and raw intelligence we have all had to endure through well over 6M COVID Corona cases with 200k Deaths!!! 🌚😖😤😓🤥🤔🤫😭🤔🤔🤯😱😲
      How??? ☠️🙀💩👹🤖☠️🖤🔥👺💩

    • @nachannachle2706
      @nachannachle2706 4 роки тому

      Spending is not the problem. Negative growth is.
      The country's economy is running out of steam because there isn't any innovation in their companies nor do they have enough workers to produce the much needed throughput.

  • @CarlosHenrique-qj4tk
    @CarlosHenrique-qj4tk 4 роки тому

    FED inspired by you guys are trying to pull off that "ReinfiniteV"

  • @conwayddd
    @conwayddd 4 роки тому +1

    nice

  • @xxczerxx
    @xxczerxx 4 роки тому +3

    What I just don't get is how the west central banks looked at Japan and thought 'yeah gimme that'.

    • @EdmundJohnson
      @EdmundJohnson 4 роки тому +2

      See 10:23

    • @xxczerxx
      @xxczerxx 4 роки тому +3

      @@EdmundJohnson Fair, but the way I see it is that it's building up a future world of pain. It's hard to talk about because the pullback from the great QE/'Japanification' hasn't been felt yet.

    • @EdmundJohnson
      @EdmundJohnson 4 роки тому

      @@xxczerxx Yes, I agree.

  • @Adrian182610
    @Adrian182610 4 роки тому

    Definition of inflation: Expansion of the money supply.
    You seem to define it as increase in price of goods. But that is the consequence of inflation. Not inflation itself. The definition has been changed over the years by central banks and governments to deflect the 'blame' of printing money causing increase in prices from themselves and to push the blame onto business owners increasing prices.

  • @robbybroon4904
    @robbybroon4904 4 роки тому

    Markets in total meltdown and no posts for 4 days... whaaa???

  • @jeffreygoss8109
    @jeffreygoss8109 4 роки тому +2

    I see the co worker has been sacked.

    • @philipvjones397
      @philipvjones397 4 роки тому +1

      end of furlough.

    • @philipvjones397
      @philipvjones397 4 роки тому +2

      They'll probably get rid of roger once they start having to pay his NI contributions.

  • @alldecentnamestaken
    @alldecentnamestaken 4 роки тому +4

    IMO not resuming growth isn't a failure. Japan's demographics are in decline. It's not clear that a country in demographic decline can actually grow. Holding the line, as Abenomics did, should be regarded as a success.

    • @TheCJUN
      @TheCJUN 4 роки тому

      It can, Y=(A)KL.

    • @Dan16673
      @Dan16673 4 роки тому

      @pproust usa can take in folks. That will be the only way

  • @AnitaCorbett
    @AnitaCorbett 4 роки тому

    Ooh 👀👀👀

  • @BobWidlefish
    @BobWidlefish 4 роки тому

    I’d say Abenomics didn’t work, growth rates suck balls. Spending ever-more to get ever-less shouldn’t be considered a success.

  • @usaverageguy
    @usaverageguy 4 роки тому

    Off subject. But why does the speaker not appear in the mirror directly behind him? Is he a vampire? Hmmmmmm

  • @q.a.2875
    @q.a.2875 4 роки тому

    Well... I Guess karma does exist... Abe’s personal “Extreme Liquidity” health issues of the bowel variety ... hmm 🤔😂... Abenomics indeed ... flush down the toilet 🚽!!