A Quote by Yoshihiko Noda
There's a tendency for the yen to strengthen because it's rated highly, but I don't think that accurately reflects Japan's economic performance.
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The yen is trading where it's trading because people are guessing about people's future interest rates, dollar and yen and about the future growth potential of the economies. And, if this policy works, then the yen will probably strengthen.
So that ends my first experience of matrimony, which I always thought a highly over-rated performance.
Japan is doing a big number on the yen, devaluing it.
The most basic problem is that performance appraisals often don't accurately assess performance.
Japan admitted the Imperial Army ordered the building of these brothels and the trafficking of the women. And now that it's been 70 years, there are only 46 remaining comfort women still alive in South Korea. So also in this deal, Japan is going to pay 1 billion yen - that's about 8 million U.S. dollars - to provide social services and health care to the surviving victims.
Not to say there's not good TV out there, but I think TV is better when it accurately reflects the world as it is.
What I worry about is not just Nissan, but Japanese manufacturers losing motivation to maintain production in Japan. The high yen is definitely a headwind.
Being unique is highly over rated.
There is a tendency in all of us to ask for better statistical performance. There is a tendency to impose quotas behind which usually lies imposition of pressure to achieve improved statistics.
Japan can't get anything on the market very cheaply because it has a large, relatively highly paid workforce which you can't fire.
Japan's inexplicable lack of response to even consider a move to re-open their market to U.S. beef will sorely tempt economic trade action against Japan.
I know this is economic jargon, but essentially, if you bring more women to the job market, you create value, it makes economic sense, and growth is improved. There are countries where it's almost a no-brainer: Korea, Japan, soon to be China, certainly Germany, Italy. Why? Because they have an aging population.
What is "this drive"? It's the tendency to not simply accept things as they are but to want to think about them, to understand them. To not be content to simply feel sad but to ask what sadness means. To not just get a bus pass but to think about the economic reasons getting a bus pass makes sense. I call this tendency the intellectual.
State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.
The sluggish economy is creating a situation where the young people in Japan cannot cherish their desires or have prospects for their future. Also, the decline in Japan's economic capability is resulting in a declining presence for Japan's foreign policy as well.
Accordingly, the duties and mission that I must fulfill are pretty clear: namely, to regain a strong and robust economy, and also to restore Japan's strong foreign policy capability.
I do have love for Japan. At the same time, I have a complex relationship with Japan because I'm Korean. But I think it shows the strength of a country when you can talk about the past transparently.
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