Why Mr.Carlos Ghosn was kicked out of Nissan I saw this news interestingly. Renault open to Nissan pursuing merger talks with Honda, Bloomberg News reports https://www.reuters.com/business/autos-transportation/renault-open-nissan-pursuing-merger-talks-with-honda-bloomberg-news-reports-2024-12-18/ Mr.Carlos Ghosn might oppose to the merger with Honda and Nissan. Japan Ministry of Economy, Trade and Industry(METI) wanted to eliminate him. So he was arrested by Japan police. This is the reason why Mr.Carlos Ghosn was kicked out of Nissan. This is Japan, and this is the Japan.
2017/5/3. Logic of bank vs minus interest rates
From bank side, they decide how much money they loan to others is standing on credit of borrower. So I have a question for effect of low interest rates.
Because the bankers can't change the credit of borrowers, bankers only can cut cost in own banks' systems.
So if cutting cost in banks is saturated, the artificial bubble is made very easily.
Is it good for economy? I think low interest rates is standing on making economic bubbles & breaking it.
Minus interest rates is only sending benefits to government. This makes the independence of central bank crazy. And "moral hazard starts from head of system" seems one fact. Moral hazard to the money might start already...
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