Human evaluations are difficult, because they are all opinions. Human evaluations are very difficult. Because they are all someone’s opinions. I found it. Human vertical and horizontal evaluations are all stood on someone’s opinions. So that there is no perfect evaluation. If some consultants bring to you perfect human resource evaluation, the consultants are liars.
2016/9/22 Foreign reserves of Japanese government: Foreign reserves = Short terms debts of Japan economy
Japanese foreign reserves August 2016
http://www.mof.go.jp/international_policy/reference/official_reserve_assets/2808.html
$1256 billion as Japanese foreign reserves
1. Foreign currency. $1193 billion
2. IMF reserve position. $12 billion
3. SDR. $17 billion
4. Gold. $32 billion
5. Others. $0.5 billion
Japan Government has $1256 billion as foreign reserves.
And Japanese economy balance sheets are below.
Balance sheet of Japanese economy
http://www.mof.go.jp/international_policy/reference/iip/2015.htm
Assets $9480 billion @2015 ($1=¥100)
1. Direct investment. $1516
2. Stock & Bond $4231 ($2695 is bond)
3. Derivatives $449
4. Others. $1804
5. Foreign reserves $1485
Debts $6094 billion
1. Direct investment. $243
2. Stock & Bond $3205 ($1336 is bond)
3. Derivatives $455
4. Others. $2189 # ($1471 is short debts) #
I wonder that Short debts in Debts is as big as foreign reserves.
This fact shows that foreign reserves are only for short debts.
And I think Japan government helps only banks when crisis happens?!
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