There is no need to listen to the opinions of so-called market participants.
July 30, 2010 7:57:27 PM | Uncategorized
Foreign investors have no respect for Japan; that's why they have been shorting Japan for 25 years.
Unfortunately, the market participants, who are not the brightest people in our country, have not had any input or reform to correct this for 25 years.
While hundreds of trillions of yen have been snatched from the market, individual investors, including local securities firms and speculators, probably know full well that the stocks of major corporations, even if they rise in continuous sessions, are being overrun by foreign capital.
The TSE has been stagnant for almost all year.
It is not surprising since the TSE has never returned to the level of 25 years ago.
They never buy stocks of significant corporations unless they are clearly on an upward trend.
In a given cycle, they concentrate their funds on not mainstay stocks, which can rise 7% to over 10% in a day.
It's a natural strategy to be outnumbered.
Of course, there is no point in developing the stock market to protect or increase the national wealth.
The only way to have an upbeat stock market is to have a market that is going up.
Last year, market participants, probably fed up with the stagnant market, started to call this market, which is the foundation of capitalist society, a secondary market.
Now, market participants (institutional investors, etc.) say that corporate bonds are traded in the primary market, and the stock market is the secondary market.
The stock market is the secondary market." Foreign investors are constantly shorting the TSE, and just when you think it's going up a little, it immediately goes down.
Even the professionals must have grown tired of it.
In addition, they are overwhelmingly weak, and there is nothing they can do about it.
There is no way they can win against their opponents, who always account for more than 60% of the market.
Of course, the stock market is the primary market.
The three significant megabanks did not raise any strong objection to the new BIS regulations from Japan's standpoint but complied.
That's why, when stock prices were finally rising, they made the most extensive public offering in the history of the TSE in just one year.
Of course, there was no way they could have raised a total of around 3 trillion yen in the market for corporate bonds, etc., without interest from the start.
The two rounds of capital increase were designed to make foreign capitalists rake in the profits.
As soon as the capital increase was announced, it was heavily shorted up until the day of the decision, and the price was significantly lower than the planned price.
The price was determined to be 3% lower than the market price on the day of the decision = their purchase price was determined.
At the same time, the price went up at once.
They got a profit of 20% on the downside and over 10% on the upside. And that's just in a short time.
It is not unusual for a megabank to receive 2 billion yen at the price of an arranged transaction, so it goes without saying how much money they are raking in.
Japanese investors who know that there is no way the three significant megabanks will go under now, for example, when Sumitomo Mitsui's first
For example, many Japanese investors, who knew that the three significant megabanks would not go under, bought Sumitomo Mitsui's shares the first time when they rose to over 3,000 or 4,000 yen. I'm sure many people bought MSI's stock thinking, "Of course, they're capable of going higher."
And then, six months later, the company raised capital for the second time, ignoring the fact that the investors who bought it the first time suffered a massive loss of over 1,000 yen.
There was no mention of the management taking responsibility, only to increase the dividend, which was not even a drop in the bucket.
The market has been despised by the public and private sectors, politicians, and the media.
And yet, the market is correct, or so they have been led to believe.
They have taken the position of market fundamentalists and have been telling the market what to do.
The reality of the market, which has remained as a backward country itself, overrun by foreign capital, is as described above.
Therefore, there is no need to listen to the so-called market people.
They have been overrun by foreign capital for the past 25 years, yet they have not offered any opinions, suggestions, or reforms.
The only things they have done are to restrict short-selling, which was a loose regulation, and adopt arrowheads, but nothing fundamental has been done.
It is as a result.
In a brief period at the end of the war, significant cities from Hokkaido in the north to Kyushu in the south were burned to the ground in one fell swoop.
Hiroshima and Nagasaki, mostly non-combatant women and children, died because of the sacrifice of 4 million people who were killed in the first horrible deaths in human history, burnt to death in an instant when they could not even think of dying.
With nothing left to lose, the precious national wealth that we have accumulated due to 40 years of hard work has been lost in the hundreds of trillions of yen.
The government that represents us, without any reservation, domestic or foreign, has decided to end this foolish 25 years in an instant and to create the world's largest economy.
It has already been predicted that China, the world's largest market towering over the U.S., will do so in a few decades...Japan can do so right now.
Japan can become like that right now. There is no such country anywhere in the world.
It's just that for the past 25 years, you have been making the same big mistake of looking inward and pretending to be something you are not without realizing it or knowing it.
It's just that for the past 25 years, you have been doing the same thing.
Our country has been sleeping amid various stupid egoism for a long time, and just by guiding only 1% of the world's most significant personal assets, 1,000 to 1,500 trillion yen, to daily trading, we have suddenly become the world's first or second-largest market with 12 trillion yen.
It would be the world's first or second-largest market, and foreign investment would instantly reach the 10% level.
In this respect, the share of foreign capital will also fall from the current 45% to 30%.
They can't say anything significant anymore.
To put it bluntly, we will not let them get cocky.
The cartoons of raking in Japanese money and living in poverty here and elegance there are over.
No more of the above.
You can tell whether Japanese stocks have no future and are not attractive or not.
Twentieth-century capitalism is just the principle of following the big guy, and there is no excellent philosophy behind it.
If you induce 10 trillion yen, all the fanciful logic that the market will become smaller if you restrict short selling will instantly disappear.
Furthermore, if those above 100 trillion yen are induced, a market capitalization superpower will be born immediately.
The presence or absence of short selling has nothing to do with it.
It is just a matter of changing the market from a group of gamblers focused on trading profits to a highly stable market built on a solid foundation and dividends from companies that are developing further. Which is better?
Moreover, the struggle between the two pundits was a disastrous defeat for our side, a loss of hundreds of trillions of yen in national wealth and Japan's "lost 20 years" of great stagnation.
Japan is the only country that can create an incredibly stable market in the 21st century.
Money invested in the volatile market of the 20th century will flee to Japanese stocks at every opportunity.
In other words, for the past 25 years, foreign investors have been hedging their bets and making a killing by shorting Japanese stocks because Japan is a politically and economically stable country that is no less than the United States.
Foreign investors will now try to hedge their bets by constantly buying Japanese stocks.
From now on, Japan will make a killing at every turn.
There will be no more foolishness about Japanese companies losing their competitiveness.
In many fields, people say things like, "We need to change the paradigm.
My proposal is the only paradigm shift that can be achieved right now.
I am sure you are now fully aware that my proposal is the only paradigm shift that can be realized right now.
Now it's your turn, adults of the Democratic Party of Japan and the Liberal Democratic Party. It is your turn to act quickly.
It's all over. It is all the foolishness of the past 25 years, deflation, falling birthrates, aging society, pension problems.
It is the destruction of a social structure that was stable and the foundation of Japan's strength.
Twenty years of foolishness that copied the desperate working class of Europe, a country in decline because it is still a class society, and the emergence of 11.6 million young, low-income workers, the equivalent of the miserable slums of South America.
It is the end of the story for all.
It was also created in conjunction with a stupid association called the Japan Football Association.
This association was not a significant player in Japan, just an egoist who wanted to be a powerful player in one sport; it doesn't matter whether one sport is a major or a minor.
It's a poor man's sport, and every time there's a World Cup, the world's GDP drops by almost a trillion yen.
Those who indulge in temporary pleasure have never been happy.
What is important is that 90% of the people, instead of working all their lives and accepting an annual income of 5 million yen, can live a life with no worries about the future and the peace of mind that comes with the happiness of an average family of four.
It is the role and job of the elite 10% of the population, who are promised an annual income of over 10 million yen from the start.
They have to protect and restore the carefree nature of the people.
People do not have to think about the future of the country or the future of the company.
It is a big mistake to ask workers to think about the future of the company.
It is the elites who need to do it.
Workers only need to take a one-hour lunch break and then work from 9:00 to 5:00 or 9:00 to 6:00.
Public servants who say they don't have enough work to do are not suitable for the morale of society, so we should revise the Civil Service Law immediately, and they should be reassigned to jobs and workplaces where they have to work hard.
We have lost hundreds of trillions of yen in national wealth over the past 25 years due to the current state of the market, so it is only natural that we have a pension problem.
The politicians and the mass media have spent the last 25 years in those mentioned above foolish internal turmoil, undermining our national wealth and economic power.
It was the politicians and the media.
The profits of one company, Samsung, exceed the earnings of all nine of Japan's largest electronics companies by 20 billion yen.
It is the politicians and the media that have created such a ridiculous situation.
The media is only concerned with ratings.
The politicians who have spent all their time in a stupid popularity contest to gain votes.
It's nothing but your 25 years of sins.
There is nothing more ridiculous than when the people involved say to the Minister of Health and Welfare, "I want you to do something about the pensions," or "Please do something about the pensions.
There is no cause other than the result of the way you have been behaving for the past 25 years.
It's like a thief saying, "It's wrong to steal, isn't it?"
For the past 25 years, I have been thoroughly inward-looking, frightened by the totalitarian power of the media (especially the six TV networks), which are concentrated in Tokyo and have become more than the separation of powers... without knowing how frivolous and stupid they are.
You have been the biggest criminals in Japan for the past 25 years.
You are the worst criminals in Japan for the past 25 years, and it is because of your level and incompetence that this has happened, and it has been an irredeemably stupid 25 years.
It's been 25 years of irredeemable stupidity, and you stupid bastards should put yourselves in our shoes.
It's only natural that we want to ask you to give us back the tax money spent on idiots like you.
