{"id":20194,"date":"2016-04-24T09:01:15","date_gmt":"2016-04-24T14:01:15","guid":{"rendered":"http:\/\/olduvai.ca\/?p=20194"},"modified":"2016-04-24T09:01:40","modified_gmt":"2016-04-24T14:01:40","slug":"failure-of-abenomics","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=20194","title":{"rendered":"Failure of Abenomics"},"content":{"rendered":"<div class=\"pageTitle blogTitle\">\n<h3><a href=\"http:\/\/olduvai.ca\/wp-admin\/post-new.php\">Failure of Abenomics\u00a0<\/a><\/h3>\n<\/div>\n<div class=\"mainContent\">\n<div class=\"contentWrap\">\n<div class=\"theContent\">\n<p><a class=\"fancybox image\" href=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/04\/Abe-Prime-Minister-Shinzo.jpg\" target=\"_blank\" rel=\"attachment wp-att-50244\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-50244 aligncenter\" src=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/04\/Abe-Prime-Minister-Shinzo.jpg\" sizes=\"auto, (max-width: 592px) 100vw, 592px\" srcset=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/04\/Abe-Prime-Minister-Shinzo-300x204.jpg 300x, https:\/\/www.armstrongeconomics.com\/wp-content\/uploads\/2016\/04\/Abe-Prime-Minister-Shinzo-180x122.jpg 180x, https:\/\/www.armstrongeconomics.com\/wp-content\/uploads\/2016\/04\/Abe-Prime-Minister-Shinzo.jpg 592x\" alt=\"Abe Prime Minister Shinzo\" width=\"592\" height=\"402\" \/><\/a><\/p>\n<p>Abenomics\u00a0(\u30a2\u30d9\u30ce\u30df\u30af\u30b9 Abenomikusu\u00a0<sup>?<\/sup>) in Japan are the economic policies advocated by Shinz\u014d Abe since the December 2012 general election, which elected Abe to his second term as Prime Minister of Japan.\u00a0Abenomics\u00a0is based upon \u201cthree arrows\u201d of fiscal stimulus, monetary easing and structural reforms. This has been a complete failure as the economy continue to implode. The Bank of Japan hinted possible proposals to take rates even further negative and the likelihood banks passing these levels on to the general public.<\/p>\n<p><a class=\"fancybox image\" href=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/04\/IBJYVJ-Y-4-23-2016.jpg\" target=\"_blank\" rel=\"attachment wp-att-50245\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-50245 aligncenter\" src=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/04\/IBJYVJ-Y-4-23-2016.jpg\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/armstrongmedia.s3.amazonaws.com\/wp-content\/uploads\/2016\/04\/IBJYVJ-Y-4-23-2016-300x225.jpg 300x, https:\/\/www.armstrongeconomics.com\/wp-content\/uploads\/2016\/04\/IBJYVJ-Y-4-23-2016-180x135.jpg 180x, https:\/\/www.armstrongeconomics.com\/wp-content\/uploads\/2016\/04\/IBJYVJ-Y-4-23-2016-600x450.jpg 600x, https:\/\/www.armstrongeconomics.com\/wp-content\/uploads\/2016\/04\/IBJYVJ-Y-4-23-2016.jpg 640x\" alt=\"IBJYVJ-Y 4-23-2016\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p>The dollar rallied against the yen right on target for 43 months (8.6 \/ 2), and has declined about 8.6 months from the high in June of 2015. It appears to be on target and the latest suggestion of further negative rates being passed on by the banks will most likely cause a flight from the yen besides admitting Abenomics has failed. This has also contributed to the Dow Jones Industrial Average rising and holding last year\u2019s low distinct from the S&amp;P500 and NASDAQ.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Failure of Abenomics\u00a0 Abenomics\u00a0(\u30a2\u30d9\u30ce\u30df\u30af\u30b9 Abenomikusu\u00a0?) in Japan are the economic policies advocated by Shinz\u014d Abe since the December 2012 general election, which elected Abe to his second term as Prime Minister of Japan.\u00a0Abenomics\u00a0is based upon \u201cthree arrows\u201d of fiscal stimulus, monetary easing and structural reforms. This has been a complete failure as the economy continue [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1265,5496,57,452,5479,661,662,2189],"class_list":["post-20194","post","type-post","status-publish","format-standard","hentry","category-economics","tag-abenomics","tag-armstrong-economics","tag-bank-of-japan","tag-japan","tag-martin-armstrong","tag-qe","tag-quantitative-easing","tag-shinzo-abe"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20194"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20194\/revisions"}],"predecessor-version":[{"id":20196,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20194\/revisions\/20196"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}