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/biz/ - Business & Finance


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49732257 No.49732257 [Reply] [Original]

What does this exactly mean? They’re betting on the bank of japan crashing? Please explain like I’m a retard, which I am
https://www.bloomberg.com/news/articles/2022-06-14/hedge-fund-bluebay-is-shorting-japanese-bonds-until-boj-breaks

>> No.49732311

It means they will probably get wrecked like every dude hedge fund that has ever tried to beat the BoJ.

The japanese central bank will let the yen sink to 180-200yen per dollar before abandoning policy

>> No.49732375

>>49732311
What would happen if the hedge fund is right?

>> No.49732378

>>49732311
They always underestimate the effect of Japan's savings culture. They simply prefer to save vs spend compared to America but the fundies never get that fact into their heads.

>> No.49732402

>>49732257
They’re betting the BOJ won’t keep printing to buy bonds to keep yields low
BOJ doesn’t care about destroying the yen though

>> No.49732409

>>49732375

Japan increase its yield curve control target. Yen rallies. Japanese businesses become slightly more reluctant to invest.

>> No.49732431

>>49732378

They always act like Japan is a similar economy and culture to the west which is why they end up fucked. Its something you really cant get till you have lived there for a few years.

>> No.49732435

>>49732378
Saving had nothing to do with it.
They’ll print the Yen to cover any yield spread to keep it in their target range

>> No.49732472

>>49732435
Savings is what allows their financial system to endure the depths of depravity their central bank is willing to risk.

>> No.49732503

>>49732472

Its not just savings. Japanese have an almost delusional preference for domestic goods to the point they happily pay 2-3x for the same but “made in japan.

>> No.49732547

>>49732472
>It’s not massive currency devaluations
I remember being this naive

>> No.49732555

>>49732503
You make it sound like some kind of paradise

>> No.49732676

>>49732555

Why? I still live in Japan and find it annoying how delusional and brainwashed they are on shit like that. It is almost like they have been programmed this way to boost their economy.

The whole vaccine situation was a good example. The entire clinical trials had to be redone in Japan because apparently Japanese are sooooo different to the control from original trials.

They pay 5x for their rice grown here versus elsewhere and say all kinds of bullshit why its so much better. Its not and blind tests have proved it over and over.
If you confront them on this you always get some kind of “japanese tastebuds are different to gaijin” or “gaijin don’t understand” kind of answers.

Japanese even pay more for Japanese products and electronics than the west do.

Foreign hedgefunds don’t understand this crap and honestly its hard to even believe but its why they always get wrecked trying to bet against the BoJ.

>> No.49732746

>>49732676
Has nothing to with bond yields though
Buying Japanese does nothing for yen bonds from BOJ

You keep repeating your bullshit anecdotal evidence but it doesn’t even apply to this

>> No.49732793

>>49732746

How can you not tell what im saying? It means they can sacrifice the yen to keep their policy if they have to you idiot.

>> No.49732843

>>49732676
They sound pretty cool you sound like a white piggu

>> No.49732853

>>49732378
Japs have a literal mmo economy that is deflationary due to players storing and leaving most of their gold in their accounts and not spending it.

>> No.49732870

They have strong exports and domestic demand for domestic goods.

Its more beneficial for them to keep bond rates low, encouraging business spending and investing(they have been desperately trying to do this and stimulate inflation for years) and let the yen fall(which boosts exports so its not all bad) than protect the yen, and raise yields and cause a big reduction in business spending and investment.

They can take a lower yen better than the effect of increasing yields now.

>> No.49732927
File: 94 KB, 1499x750, japs.jpg [View same] [iqdb] [saucenao] [google]
49732927

>>49732676
Apple seems to do well in Japan. How come?

>> No.49732994

>>49732927

Show me the Japanese iphone that they can buy instead? There isnt one. Thats why. Also Apple only had a breakthrough here about 5 years ago which is late compared to other countries.

Of course there is foreign goods demand, i don’t understand why you would even try imply there isnt. Im just saying compared to the west Japanese have a way strong demand and willingness to spend more on domestic product. Almost nobody in britain will pay 2x for british meat but here i see Australian meat and such on the shelves till its literally half priced a day before its use by date. This is a common trend in their economy

>> No.49733007

>>49732927
what's the alternative? Chink shit, gook shit or >sony

>> No.49733020

>>49732927
because the japanese are incapable of making an operating system

>> No.49733033

>>49732676
What’s your last name? You think like a member of a certain rootless tribe

>> No.49733057
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49733057

>>49733033
i just got root

>> No.49733091

>>49733057
why are there scars on his butt

>> No.49733110

>>49733091
scratch marks, i have to hold on tight since she's an experienced horse rider

>> No.49733142

>>49732676
That's fucking based though
You litterly can't beat a healthy internal market.

>> No.49733166

>>49732676
Whatcha doin rabbi

>> No.49733169

I would love so much for fucking Japs to suffer. They're so full of themselves with their onsens and their "samurai spirit".

>> No.49733170
File: 65 KB, 1080x1149, 7j1mty7qkak21[1].jpg [View same] [iqdb] [saucenao] [google]
49733170

>mfw literally me
kill yourself

>> No.49733201

>>49732676
>seething over nips buying domestic
post nose schlomo

>> No.49733228
File: 83 KB, 640x395, skz7bq4l[1].jpg [View same] [iqdb] [saucenao] [google]
49733228

>>49732676
you wouldn't understand

>> No.49733278

>>49732676
Why does every foreign person who lives in Japan sound like such a bitch. Go to France if you want your vaccine you fucking idiot. Lots governments will happily vaccinate you by force. Move.

>> No.49733280

>>49732676
>The whole vaccine situation was a good example. The entire clinical trials had to be redone in Japan because apparently Japanese are sooooo different to the control from original trials.
that's a good thing you retard, you should want them to be tested on your specific race to see if there are any deleterious effects (hint: they probably aren't going by clinical trial demographics in the US)

>> No.49733490

>>49732994
>Show me the Japanese iphone that they can buy instead?
They could buy a smartphone from sony or something. It's not an iphone, but if they prefer domestic products that much it would not be an unlikely choice.
Sometimes people explain Xbox's shitty sales on Japan saying that it's because the japanese will prefer not buying from foreign countries, but to me it seems like it's simply microsoft's incompetence. Maybe they have a preference, but are not that autistic.

>Also Apple only had a breakthrough here about 5 years ago
The data I'm looking here seems that apple dominance has been this level since forever

>> No.49733526

>>49733280
This + replication crisis, most clinical trials are done on whites, and surprise surprise different races/ethnicities have different genetics

>> No.49733598

>>49732676
>he got "whitu piggu go home"ed by a nip and is mad now

Many such cases

>> No.49733766

>>49733490
You are correct, Apple's phones are really popular in Japan, and have been so for the better part of a decade now, despite Sony and some other Japanese brands producing some decent android phones. That said, the iPhone is an anomaly in the Japanese market; for pretty much every other good the Nips show strong domestic preferences. Not that there is anything wrong with that, especially for basic staple goods like rice; being too dependant on food imports is really bad from a national security perspective.

>> No.49733790

>>49733142

Its great for economy i agree. Just annoying to hear stuff like “japanese blood gets more acidic than foreigners if we dont eat rice grown in japan”. Its insane to hear that kind of thing all the time lol

>> No.49733827

>>49732257
Most Japanese have 40k saved, nice try America

>> No.49734073

>>49733142
Their economy has been shit for 30 years.

>> No.49734133

>>49732676
Baka gaijin go home
Didn't they find contamination in the clotshot too? Lmao

>> No.49734157

>>49734133

Full vaxed.
Stay mad

>> No.49734178

>>49732257
BoJ money printer will print infinite money to stabilize the bond market. Hedge fund doing the opposite. Battling it out until the yen is broken apparently

>> No.49734179

>>49734157
You would be fully vaxxed
You talk like an uptight fag who hasn’t done any research

>> No.49734201
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49734201

>>49734157
aaand exposed as a retard

>> No.49734207

>>49732257
>Blueballs
The fuck kind of hedge fund is that tho

>> No.49734249

>>49732676
Waito piggo go home

>> No.49734378

>>49734157
3/3 cuck posts, impressive
At least nobody in Japan takes you seriously, based japs

>> No.49734424

>>49734378

I love reading 4chan delusions about Japan. You fags are always the ones who turn up and get wrecked.

Been here for 6 years, fluent in japanese and overall happy with it. Doesnt mean i dont fond stupid shit stupid when i see it. Its fucking cringe watching people on here always jump in front of bullets to defend japan on everything when all you’re assumptions about it are basically wrong anyway

>> No.49734531

funny how pewdiepie moves to Japan and now we have all of these FUD posts trying to make him bankrupt and destroy his life. cope and seethe trannys.

>> No.49734544

>>49733790
Why are you even in Japan if you hate them so much? Let me guess, you love anime but wish it had more based niggers like Netflix anime (made in Texas) has?

>> No.49734570

>>49734544

>people have to love everything about a completely different culture they live in

Fuck off

>> No.49734572

>>49732676
>Japan is annoying
>still lives there
30 seconds in American traffic or with American niggers and you will beg to go back.

>> No.49734631

>>49734424
It's not stupid to favor domestic products even at higher price
You're like the Californians who move to a state that's not shit and then ruin it. Human locusts

>> No.49734835

>>49734572

I still live here versus home for a reason. I prefer it over all. Why do you fucking weebs act like i have to like literally everything about japan or go home? Kek.
Why dont you leave american then you cuck? You guys whine non stop.

You guys are the first to have a meltdown over Japanese still wearing masks everywhere, while i dont personally care even if i find it dumb by now

>> No.49734960

>>49734835
I did my masters in Japan it's a nice place but still just like every other developed country. It was interesting to see exactly how disgusting Americans are in real life.

>> No.49734974

>>49734960

Never met that many Americans before i came here. Definitely realised how big of a culture gap there is between Americans and European

>> No.49735062

>>49734974
What did you find so different? im not from euro

>> No.49735155

>>49734424
Idc about Japan. You just sound like an insufferable little prick. So seethe more vaxxie, make sure to get shot number 4 and 5 too.

>> No.49735306

>>49733057
>can only make meals from a bag
lmao fucking worthless zoomer trash

>> No.49735463
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49735463

>>49734424
>I love reading 4chan delusions about Japan. You fags are always the ones who turn up and get wrecked.
>Been here for 6 years, fluent in japanese and overall happy with it. Doesnt mean i dont fond stupid shit stupid when i see it. Its fucking cringe watching people on here always jump in front of bullets to defend japan on everything when all you’re assumptions about it are basically wrong anyway

>> No.49735607

>>49732676
Meh, this type of culture exists to an extent here in Australia too (though significantly less strongly and people 'buying Australian' pretty much always admit they're just doing it to support local producers).
I can't help but think it's probably similar in other countries too.
I imagine the situation in Japan is just a magnified version of this 'buy local' mindset.

>> No.49735811

>>49735607

It is, but a culturally forced one. All you have to do is watch NHK to realise. 30 years of that shit likely made Japanese people evolve past a simple buy local attitude into something else.

For example typical NHK will show a food segment about curry in india, do their best to make it look dirty or low quality or make the cooks look incompetent, then do a taste test and have a japanese curry rice by comparison and make all the presenters scream “UMAIIIIII UMAIIIIIIIII” and then when they try indian versus they’ll do some corny shit like say “but what is this mana secret ingredient??” And show some obscure japanese spice nobody use outside of japan. Its hilarious transparent to me or you.

>> No.49735869

>>49734424
You're an absolute retard

t. Living in Japan longer than you and working as a freelance translator

>> No.49735877

>>49735869

>freelance translator

Kek

>> No.49735896

>>49732257
Shorting Japanese debt is infamous for killing hedge funds. What a madlad.

>> No.49735911

>>49735877
Hey, I like it. 100% wfh on my own schedule and most years make around 6figs. Can listen to boomer rock and drink beer while I work

>> No.49735940

>>49735911
Ah yes. The prevalent story how every foreigner who lives in Japan especially on 4chan makes north of 15 million yen a year(3x the tokyo average).

As a translator. Kek

>> No.49735968

>>49735940
>17 posts by this ID

>> No.49735975

>>49734424
>Go to a country with different culture and criticize them for not having the same culture as where you came from
I’m not even a dweeb and would rather kill myself than live in Japan for more than a year, but you are still a faggot

>> No.49735993

>>49735940
I'm guessing you've never worked freelance. At the very lowest I make $50-$100 an hour. It's easy to make $1k or $2k in a single day working with universities or other small companies/organizations simply by translating a dozen pages of a kid book teaching about ocean pollution etc. Sure freelance sucked for the first few years but make good connections and it's very comfy, I'd recommend it to anyone.

>> No.49736003

Foreigners who live in Japan are so insufferable. You would think they've accomplished something important in life from the way they brag about immigrating to another country. I have no idea why all of them sound exactly the same.

>> No.49736064

>>49736003
We are all gay

>> No.49736069
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49736069

>>49732676
GET THE FUCK OUT

>> No.49737498

>>49732311
They've stated 140 JPY to USD before abandoning policy. So almost there.

>> No.49737626

>>49732676
Rice is a bad example.
Asians like "sticky rice" which means no western rice
Chinese have the worse QC and business practice and if their rice is anything like their steel, it's half plastic
Which means they can realistically only eat domestic or Korean rice, which is limited supply and hence the price is much higher.

>> No.49737717

>>49737626

They grow sticky rice all over asia mate. Its the same thing. Im not talking about long grain. Im talking japanese shirt grain grown in Japan vs elsewhere.

The real reason is The japanese government subsidise the shit out of rice economics otherwise rice would be so uncompetitive with the same rice they eat but grown outside japan that nobody would grow it. Not stop consuming it. Just not grow it.

>> No.49737980

>>49733142
exactly the same as kosher or halal meat, a bunch of lies invented to push tribalism & in group preference

>> No.49737994
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49737994

>>49734157
>he got the clot shot
my condolences

>> No.49738015

>>49732676
>Japanese support Japanese industry
I wish my country were the same, fucking rabbi

>> No.49738047

>>49734424
Rabid nationalistic pride and defense of a functional monoculture is based as fuck, and after six years you're still just a foreigner because you refuse to let go of western cuck fetish economics.

>> No.49738647

>>49735993
is n1 the only requirement or do you need a Uni degree in Japanese literature? also, how did you start learning Japanese, tae kim and anki?

>> No.49738794

>>49732676
Sound based.

>> No.49738957

>>49738647
I did freelance translation to pay my way through school/learn the language with only n2, but realistically no one cares about any certifications as long as you can do the job. As you build a reputation you'll get more consistent work. I did everything online. Don't do any video/audio transcribing because the pay is always garbage and you need additional skillets (ie. Subbing, timing) and you'll run into issues like audio/video quality being dogshit.

I was good at PowerPoint and excel so I translated a lot of work presentations since that's what I was already good at. Also did engineering documents since that was what my degree was in. If you're a lawyer, legal documents would work better, etc.

I wouldn't want to do translation full-time, but as long as you avoid the customers looking for low quality work you'll make decent money.

>> No.49739088

>>49732676
>always get wrecked trying to bet against the BoJ
Except the fund is winning? The yen is falling like a rock. So the fund is making money right now.

>> No.49739577

>>49739088
Bonds, not the currency, anon

>> No.49739607

>>49738957
>Don't do any video/audio transcribing because the pay is always garbage and you need additional skillets
I know the pain... I've got side gigs translating doujin and make like $1.25 per page including typesetting. The only reason I accept that rates because I live in a third-world country and my typesetting and editing skills weren't as great as industry professionals/native English speakers.

>> No.49739816

>>49735811
Holy fuck man take it from me you’ve been there too long. Get out and take a break. You are becoming gaijinpot before it shut down. They do a bunch of retarded stuff here but they’ll never change.

>> No.49739929

>>49732676
sounds based. Go back baka gaijin

>> No.49740340

>>49733057
Who’s the fat gook?

>> No.49740344

If BOJ crashes in any significant way, the entire Japanese economy gets cut in half overnight and then goes down 40% from there on it's own.
It'll be very interesting to see how they manage to play this or if they can play it at all.
Either way get ready for Japanese real estate to get really fucking cheap.

>> No.49740380
File: 59 KB, 655x527, 1465830175360.jpg [View same] [iqdb] [saucenao] [google]
49740380

>>49732257
>BoJ kils ministry of finance to cuck out to Rothschilds
>now BoJ gets fucked
Karma

>> No.49740410

>>49732378
They “save” their money in inflationary bonds. They are getting absolutely giga cucked you fucking polcel weebs, they hold a lot of US and EU bonds that are negative real yield. The faster they print money at this point the faster they circle the drain

>> No.49740418

>>49732257
They're expecting the BOJ to raise interest rates.

>> No.49741042

Jasmy is gonna explode.

>> No.49741079

Better get some GYEN incase anything goes uppity up.

>> No.49741263

>>49732676
Japanese are cattle, asian conformist genes mixed with white docile genes.

>> No.49743149

bump