iPoint (iPoint.cz)
Czech markets  |  September 13, 2012 11:26:21

Japan: From pensioners to currency wars (special with analysts MS)



iPoint.czTonight will end its soap opera about Japan. But not looking forward to that I had never hear from me. In the last section we get to the fact that the Japanese central bank begins to offset demographic changes. We have shown that more retirees will lead to upward pressure on government bond yields. With government debt government over 200% of GDP should grow "rocketed" the cost of servicing the debt. And this is a problem that should vigorously spun in Japan unstoppable debt spiral.

Swallow this scenario, the announcement of Japan's largest pension fund, thanks to higher paid rentám must first sell bonds. In order to avert debt crisis and Japan calls the strong caliber. Central bank.

Her task? Buy bonds in order to compensate for gradually increasing the sale of pension funds. Thus could yield maintained at low levels. Won? Everything handled? Every action has a consequence, but only one, but a whole series of consequences or, say, a series of side-effects Can you think of inflation? It may be, with all its negative consequences, such as retirement savings. If the screen saver will see that the real return of pension funds is negative, it shall be enthusiastically invest? If not, then there would be to accelerate the debt spiral.

With MS analysts again about Japan, read the iPoint

Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section Czech markets:

St 11:28  Škoda Auto navrhuje růst platů o 15% za cca 2 roky Vladimír Urbánek (Kurzy.cz)
St   9:14  ČEZ chce provozovat JEDu nejméně dalších 20 let Research (J&T BANKA)
St   9:09  Zápis ze zasedání Fedu může dát trhům nový impuls – i ten k výprodejům (Ranní... Investiční bankovnictví (Komerční banka)
St   8:34  Středeční obchodní seance 21. 2. 2018 STOX.CZ (Grant Capital)

Read also:

February 13, 2013Japan and Switzerland do not want to fan the currency wars Research (Česká spořitelna)
July 30, 2012GDP and Olympic medals: Special analysts, CS iPoint (iPoint.cz)

Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688