Honda decided to lose their wings, and who will catch the feathers? I felt very uncool for Honda. Honda, Nissan aim to merge by 2026 in historic pivot https://www.reuters.com/markets/deals/honda-nissan-set-announce-launch-integration-talks-media-reports-say-2024-12-22/ Both of Honda and Nissan are losing China market car shares. In Japan, there are few companies which earn foreign currency. There are 2 company types in economy. High classed pieces and Pawns. High classed pieces earn foreign currency and Pawns are domestic companies. High classed pieces in Japan are losing their powers. They have earned from USA and China markets, but Chinese companies become their rivals. This indicates that China Pawns become to win Japan high classed pieces. In fact, if Japan high classed pieces lose USA markets, Japan won’t be able to earn foreign currency so that Japan gov will start to sell foreign assets(including US gov bonds). By the way, Honda will lose their wings ...
2019/5/3. Who does MMT sacrifice?
I am not expert about economics, but I know there is no free lunch.
The Question:Who does MMT sacrifice?
The persons who want to be richer.
MMT will be the defensive wall that prevent becoming rich from poor.
Low interest rates makes rich to be richer, but it prevent poor to be rich.
MMT is NDW. No Dream World.
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