Share to twitterFormer Mt. Gox Chief Executive Officer Mark Karpeles speaks during a press conference at the Foreign Correspondents' Club of Japan on June 5, 2019 in Tokyo. Mt. Gox, once the world largest cryptocurrency exchange, collapsed in 2014 after the hackingIf ever there were a land economic logic forgot, it’s Japan, a place where bitcoin mania is only trumped by demand for the world’s priciest government debt.
For all the handwringing over America’s debt surge under Donald Trump, Tokyo’s burden is markedly worse: more than double Japan’s $5 trillion worth of annual output. Add in stubborn vestiges of deflationary pressures and a rapidly aging population, and one has myriad reasons to wonder how Japan can ever repay its IOUs. And, oh how, the Ministry of Finance keeps the world’s most obvious asset bubble from imploding.
Canada's Prime Minister Justin Trudeau, Britain's Prime Minister Boris Johnson, Germany's Chancellor Angela Merkel, European Council President Donald Tusk, France's President Emmanuel Macron, Italy's Prime Minister Giuseppe Conte, Japan's PrimeJapanese government debt, too, tends to get a bid when Trump ratchets up his trade and Chinese President Xi Jinping retaliates. One can argue the yen wins what might be seen as a financial beauty contest.
onto which Abe signed–the Trans-Pacific Partnership and a major pact with the EU. Two, a drop of as much as 40% in monthly mobile phone bills enacted in May. Both moves are aimed at raising efficiency and competitiveness. Yet both place downward pressure on consumer prices. At the moment, they’re rising at a 0.6% rate, less than halfway to the 2% target.
Big guy went to school
Understanding block-chain makes you go mad, unless you start your own cult on the best exchange in Europe whitebit6
With Libra bringing scrutiny Bitcoin may be getting play as a legacy investment that could grandfather.