Looks like my theory on government numbers being inflated during elections was correct (818,000 fewer jobs than reported) www.nytimes.com/2024/08/21/business/economy/us-jobs-economy.html
@@SimanSlivarTo be fair, California is pretty large. 3rd largest in the U.S. (and the U.S. itself is 3rd or 4th largest in the world by size). Relative to most countries, California and Japan are fairly large land-wise, and similarly, Japan and California is also "large" in terms of economy and soft power. Small, maybe if your reference is China, the US as a whole, or Russia. (which are all outliers in terms of size lol)
I agree with you but Japan isn’t a particularly small country. It’s the 3rd largest economy in the world and a population well over 120 million. Obvious that if something happens in Japan it might also influence the world.
My wife is from Japan, so we keep in touch with relatives in Japan. If people outside of Japan had observed what was going on in Japan, it would have been obvious that a slight interest rate hike was coming. Because Japan has to import so many goods the devaluation of the yen was really hurting the average Japanese citizen. Those citizens had been putting pressure on the Japanese government for the last few years to change the central bank stance on interest rates. Raising the interest rates is one of the primary tools the central bank can use to boost the value of their currency. The value of the yen will also rise slightly when the Federal Reserve brings down the U.S. interest rate.
As of March 2023, the Japanese government debt is estimated to be approximately 9.2 trillion US dollars (1.30 quadrillion yen), or 263% of GDP, and is one of the highest among developed nations. They can’t raise interest rates too high or they will not be able to service their debt.
And yet we have a presidential candidate who wants more control over what the FEDERAL RESERVE does.... In other words he wants to reduce the interest rates at our expense.
@@henrythegreatamerican8136You don't understand why we need to lower interest rates, we are at a deflation cliff and if we stop printing money the deflation will catch up and the economy will collapse.
@@Planeet-Long I do understand why. I think you are the one who doesn't understand the true motivations behind this presidential candidate. This is the same person who wanted NEGATIVE interest rates at one point. And this is the same candidate who publicly said the FED should not reduce rates before the election.... Stop defending this candidate.
That house of cards trick was sick. I was sure you glued them until you said it took you way too long to film and I was amazed to think that wasn't a trick.
Japan's ODA total is the third largest in the world, but the countries it supports are shitty. Frankly speaking, it only supports places that are not in the national interest. African countries are one example of this.
Usually whenever theirs headlines like “are we in a recession” we’re most likely in a recession. I remember during covid the “are we in a bubble” headlines appeared and turns out we were in a bubble, it popped just half a year after the bubble concerns came out hahahaha
Great video but didn’t like how the framing was “Japan is at fault for causing people to lose money” because this lacks greater context. First Japan is by no means a “small country”. It has a population of around 110 million, a third of the U.S. with way, way less land. And the world’s 3rd largest economy. Second, ever since the U.S. Federal Reserve raised interest rates, Japan’s currency has been hammered to the point where it’s causing deep societal problems. Companies are cutting way back on imports and foreign business trips. The military budget has effectively been slashed (because Japan buys its equipment from the U.S. in dollars) and people who are used to stable prices have seen a sharp increase over the past year despite stagnant wages. So, it’s not like the Bank of Japan woke up one day and said “we’re gonna screw over those carry traders!” for no reason.
Thanks for the context, I hope this video didn't come across as framing it as Japan's fault. In fact, I have an entire video about Japan's declining yen which goes into the history of everything and MUCH more on the channel. Feel free to take a look and let me know what you think :)
Did you get your inspiration for that card demonstration from the movie: The Big Short? The jenga scene explaining the 2008 financial crisis. If you did then this was epic lol
How does this not cause inflation getting worse the more people and money jump into this loophole? Seems like as soon as enough money is poured into this to influence the global market; the sooner someone would end it before inflation takes out entire economies.
Japan as a liquidity provider is interesting because everyone has been focusing on USD liquidity and ignoring that a G7 currency has been printing like no tomorrow whilst maintaining a relatively (to other currencies) stable value.
@@garrettstephens91 Nonsense the right the vote means the people get to choose a leader which is always better than a dictator who makes his own way up the top. Let the people choose.
@@drscopeifyThe thing is, its always been more of a popularity contest. It’s never been about actual qualifications. In addition, it’s always chosen among the elite rich ruling class hence it’s never really been a true democracy and it’s never truly been the people’s choice. It’s always been the choice of the rich. Hence everything that’s been done ever since has always been for the rich and never for you. And people will keep doing this until it becomes so bad no one has anything to lose anymore. Just like the French
@@drscopeifyA really good obvious red flag about the flaw of the current system is that candidates literally need to gather millions if not billions of dollars in order to be elected. Do people really actually believe that’s a democracy? That the money they received is not expected to be paid back with interest? This is why America is degrading, because its people are not aware of the obvious flaws of the system or are aware but delude themselves into thinking its the choice of the people. When you are groomed from childhood to only vote for the two parties, are you really truly voting because its your choice? Or your voting for them because that’s what you were groomed to do?
Average person slaves for pennies while the rich literally create money out of nothing. These types of tactics shows how screwed the average joe really is.
BOOM! You Nailed it. The truest statement on the entire site of RUclips. This is exactly it. And as @anderivate points out its Socialism for the Rich, naked Capitalism for the rest of us. Everything else is a big fat lie. The only thing that us mere mortals can do in life is get a skill, hope that skill is in demand and stays in demand during our life on this earth so that we can feed and house ourselves (and family). That's it.
Recession is part of the economy cycle 🔄, and begins when interest rates getting cut. That’s what books and I learned in the university. Usually market drops during this period statistically, but at the end nothing to be afraid. Everything has a beginning has an end, Neo……
2 месяца назад+2
Depression and cliff falls more likely than recession tbh.
The luxury car market might be going down but the exotics market seems to hang in there. Everything is still selling way over sticker and slightly used exotics are still selling for more than they were brand new because of demand. We live in strange times.
What a great distinction that, "when asset prices come down, it's not because interest rates are cheaper; It's because people lose their incomes losing their purchasing power." Thanks Andrei, that was a great way of explaining why asset prices come down.
Genuinely appreciate your perspectives, and the visual analogy for mis-Di-rec-tion. The second half of this vid is really informative about lateral ideas of income and investigating options opposite to the consensus. Everybody wondered why Buffet was increasing the cash position…
Andrei FTW again … everyone should drop the CNNs, MSNBCs, and FOXs, and listen to Andre instead. The educational value here is 10/10. Greatly appreciated! Sane information in an insane time.
@@Bl00dMalice yes they do! In this special case. 0.25% of what- the principal amount and, Absolute raise- 0.25% Since the base is zero, both here mean the same. Otherwise they are different as you say.
Borrow from the Japanese at zero %, and park the money in Australian treasury to collect interest. Sounds like a winner. If it is that easy, why can't the Japanese do it and pocket the interest themselves rather than "giving" the money to the foreigners. What's the catch?
The catch is when the the exchange rate moves and and those AUD aren't worth as many JPY as when you bought them, or japan raises rates. And the Japanese do do it, their investment banks make foreign investments. And GPIF's foreign investments can be seen as the government itself getting involved.
Japanese private equity firms, hedge funds, sovereign wealth funds, and FX desks for several banks DID participate too. They made tons of money off their carry trades.
Looks like my theory on government numbers being inflated during elections was correct (818,000 fewer jobs than reported) www.nytimes.com/2024/08/21/business/economy/us-jobs-economy.html
This aged well. The Fed lowered rates.
Calling Japan a small country is wild
Land area wise it's quite small about the same size as California...
@@SimanSlivarTo be fair, California is pretty large. 3rd largest in the U.S. (and the U.S. itself is 3rd or 4th largest in the world by size). Relative to most countries, California and Japan are fairly large land-wise, and similarly, Japan and California is also "large" in terms of economy and soft power. Small, maybe if your reference is China, the US as a whole, or Russia. (which are all outliers in terms of size lol)
@@empiur yeah but is land area wise small for what it is.
I thought germany is the 3rd now and japan is at 4th?
small by area relative to other countries but their economy is big
I agree with you but Japan isn’t a particularly small country. It’s the 3rd largest economy in the world and a population well over 120 million. Obvious that if something happens in Japan it might also influence the world.
They've fallen to 4th, surpassed by Germany, and will probably fall to 5th pretty soon, to be surpassed by India.
@@noseboop4354 and still not a small country
Remember the 80s when Japan's economy was rising? and the world had to "intervene".
Small in geographic land area square footage
They meant size, it's a small country.
19:25 yes please to the detailed breakdown of your portfolio
My wife is from Japan, so we keep in touch with relatives in Japan. If people outside of Japan had observed what was going on in Japan, it would have been obvious that a slight interest rate hike was coming. Because Japan has to import so many goods the devaluation of the yen was really hurting the average Japanese citizen. Those citizens had been putting pressure on the Japanese government for the last few years to change the central bank stance on interest rates. Raising the interest rates is one of the primary tools the central bank can use to boost the value of their currency. The value of the yen will also rise slightly when the Federal Reserve brings down the U.S. interest rate.
so its a great time to buy yen 🎉
Sooo calls on the Yen?
Americans were too arrogant to pay attention to that "one SMALL country".
As of March 2023, the Japanese government debt is estimated to be approximately 9.2 trillion US dollars (1.30 quadrillion yen), or 263% of GDP, and is one of the highest among developed nations.
They can’t raise interest rates too high or they will not be able to service their debt.
A house of cards. Jeezus that is the epitome of world economics and finance today. Bravo sir.
A Ponzi scheme
Cheap money is the most expensive type of money
And yet we have a presidential candidate who wants more control over what the FEDERAL RESERVE does....
In other words he wants to reduce the interest rates at our expense.
@@henrythegreatamerican8136and one that wants price controls, while the other wants tarifs. Worst economic policies ever The election is a joke..
@@henrythegreatamerican8136You don't understand why we need to lower interest rates, we are at a deflation cliff and if we stop printing money the deflation will catch up and the economy will collapse.
@@Planeet-Long I do understand why. I think you are the one who doesn't understand the true motivations behind this presidential candidate. This is the same person who wanted NEGATIVE interest rates at one point. And this is the same candidate who publicly said the FED should not reduce rates before the election....
Stop defending this candidate.
The FED is a private entity. He couldn't even if he wanted to. THINK.
That house of cards trick was sick. I was sure you glued them until you said it took you way too long to film and I was amazed to think that wasn't a trick.
Did you subscribed ???!!!
Nah he definitely glued the base 😅
True story: that took me 3.5 hours to film (it was 1 take). No glue, tape, or magnets
😶🌫️😳🙄
@@AndreiJikhjust ignoring the negative comment Andrei, i love your RUclips
japan:guys you have to pay us 25 yen per 10000 yen you borrow
other countries: *bocchi freak out sounds
In india, here most of the Metro construction is happening from money borrowed from Japan. Japan finances a lot of indias infrastructure.
Japan's ODA total is the third largest in the world, but the countries it supports are shitty. Frankly speaking, it only supports places that are not in the national interest. African countries are one example of this.
Usually whenever theirs headlines like “are we in a recession” we’re most likely in a recession. I remember during covid the “are we in a bubble” headlines appeared and turns out we were in a bubble, it popped just half a year after the bubble concerns came out hahahaha
The quality of your videos in terms of information is getting a lot better.- Thanks ! 👌
Happy to hear that!
@@AndreiJikh Same background, same style of narration, its getting boring. Try something new. Been a fan since last two years.
@@leomacron4882if you’re here for the backgrounds you’re here for the wrong reasons lol. We’re all here to get rich, with a side of magic
Great video but didn’t like how the framing was “Japan is at fault for causing people to lose money” because this lacks greater context.
First Japan is by no means a “small country”. It has a population of around 110 million, a third of the U.S. with way, way less land. And the world’s 3rd largest economy.
Second, ever since the U.S. Federal Reserve raised interest rates, Japan’s currency has been hammered to the point where it’s causing deep societal problems. Companies are cutting way back on imports and foreign business trips. The military budget has effectively been slashed (because Japan buys its equipment from the U.S. in dollars) and people who are used to stable prices have seen a sharp increase over the past year despite stagnant wages.
So, it’s not like the Bank of Japan woke up one day and said “we’re gonna screw over those carry traders!” for no reason.
Thanks for the context, I hope this video didn't come across as framing it as Japan's fault. In fact, I have an entire video about Japan's declining yen which goes into the history of everything and MUCH more on the channel. Feel free to take a look and let me know what you think :)
Did you get your inspiration for that card demonstration from the movie: The Big Short? The jenga scene explaining the 2008 financial crisis. If you did then this was epic lol
I already subscribed long ago. Thanks for putting up the hours to put all these together.
Over 30 years zero interest rate free money loan must be massive. What if Japanese banks start selling U.S bonds for their protection.
They have already started dumping those treasury bonds along with China.
How does this not cause inflation getting worse the more people and money jump into this loophole? Seems like as soon as enough money is poured into this to influence the global market; the sooner someone would end it before inflation takes out entire economies.
Isn't this just good ol' financial repression?
Japan as a liquidity provider is interesting because everyone has been focusing on USD liquidity and ignoring that a G7 currency has been printing like no tomorrow whilst maintaining a relatively (to other currencies) stable value.
People are easily fooled by beautiful packaging
Which is exactly why most people shouldn't have the right to vote.
@@garrettstephens91 Nonsense the right the vote means the people get to choose a leader which is always better than a dictator who makes his own way up the top. Let the people choose.
@@drscopeify Hitler was voted in. let that sink in.
@@drscopeifyThe thing is, its always been more of a popularity contest. It’s never been about actual qualifications. In addition, it’s always chosen among the elite rich ruling class hence it’s never really been a true democracy and it’s never truly been the people’s choice. It’s always been the choice of the rich.
Hence everything that’s been done ever since has always been for the rich and never for you. And people will keep doing this until it becomes so bad no one has anything to lose anymore. Just like the French
@@drscopeifyA really good obvious red flag about the flaw of the current system is that candidates literally need to gather millions if not billions of dollars in order to be elected. Do people really actually believe that’s a democracy? That the money they received is not expected to be paid back with interest? This is why America is degrading, because its people are not aware of the obvious flaws of the system or are aware but delude themselves into thinking its the choice of the people. When you are groomed from childhood to only vote for the two parties, are you really truly voting because its your choice? Or your voting for them because that’s what you were groomed to do?
Average person slaves for pennies while the rich literally create money out of nothing. These types of tactics shows how screwed the average joe really is.
someone cool once said like "socialism for the rich, rugged capitalism for the rest of us"
BOOM! You Nailed it. The truest statement on the entire site of RUclips. This is exactly it. And as @anderivate points out its Socialism for the Rich, naked Capitalism for the rest of us. Everything else is a big fat lie.
The only thing that us mere mortals can do in life is get a skill, hope that skill is in demand and stays in demand during our life on this earth so that we can feed and house ourselves (and family). That's it.
@@anderivativeWhich is kind of interesting because its these very people at the top the propagandize us into hating socialism 😂
Please make that video! Its waaaay easier hearing it from you than some of my professors tbh
Recession is part of the economy cycle 🔄, and begins when interest rates getting cut. That’s what books and I learned in the university. Usually market drops during this period statistically, but at the end nothing to be afraid. Everything has a beginning has an end, Neo……
Depression and cliff falls more likely than recession tbh.
Card trick was dope
I always learn something watching your videos. Thanks for sharing.
The luxury car market might be going down but the exotics market seems to hang in there. Everything is still selling way over sticker and slightly used exotics are still selling for more than they were brand new because of demand.
We live in strange times.
What’s exotics?
@@raybans8712 Exotic dancers at the strip club. They hang in there on the pole..... J/K....talking about Lamborghini, Ferrari, Porsche, McLaren, etc
@@lv2xlr8svt oh I see, I can’t afford either 😂
What a great distinction that, "when asset prices come down, it's not because interest rates are cheaper; It's because people lose their incomes losing their purchasing power." Thanks Andrei, that was a great way of explaining why asset prices come down.
and 10 days later, no one remembers this crash. it is unbelievable how delusional ppl have become.
A 2008 style crash could happen right now and most people would be like huh, anyway…
@@ancientflames what leads to a crash is people reaction to what happens. This is because ppl stop consuming and investing and buying
LOVED that card trick!
RIP Shinzo Abe
The card trick was amazing!
Damn bro... I was starting to miss you!
Always most informative videos from you , great job
I appreciate that!
You are my fav finance RUclipsr
Thank you
roughly what bags are you holding, if i may ask? VOO? BTC?
@@anderivative i follow other finance RUclipsrs and I have couple of bags coz of them but none I would blame Andrei
Great use of magic in your show, really enjoyed. Thanks
Thank you! Cheers!
Thanks as always, Andrei!
My pleasure!
Great birthday bro 👌
Monday is the new favorite day of the week
Commenting cause of the house of cards trick. Well deserved sir
Really appreciate your content and humble demeanor, Andrei.
This is so amazing and informative
Glad you think so!
Yes please, more details. Thank you 🙏.
Man this guy makes amazing videos, i love how clear cut the information is
I appreciate your videos man ✌🏽
Glad you like them!
The house of cards was such an awesome way to story tell and make it ironic!
👍🏼 Detailed portfolio review 🎉
Please do a more detailed breakdown of your portfolio! That would be so cool!
You’re awesome Pal! Thanks for your contributions
Genuinely appreciate your perspectives, and the visual analogy for mis-Di-rec-tion.
The second half of this vid is really informative about lateral ideas of income and investigating options opposite to the consensus.
Everybody wondered why Buffet was increasing the cash position…
Big yes on the detailed breakdown. It's a great video
I think by end of Q4 the economic rug pull will happen
You are amazing
He finally uploaded after everything that happened I waited for this
great video as usual 👍🏼
Love the channel brother 👍
Much appreciated
Andrei FTW again … everyone should drop the CNNs, MSNBCs, and FOXs, and listen to Andre instead. The educational value here is 10/10. Greatly appreciated! Sane information in an insane time.
Appreciate that! Thank you :)
I wanna meet someone who is watching TV, new from cnn, bbc etc. must be completely different mindset then normal and sane person. 🤯
I was just there a few weeks ago!
Such a cool place right?
So far one of the best video and detailed one about macroeconomics loved it ..!
bro i love your ch i subed this is the 2nd day i cfound a really eipc ch i think yu tube must have changed the algorithm
Fantastic explanation skills. Kudos.
Thank You Mr. JIkh
Excellent! 🎉🎉
Always love your videos! Learning so much even about my own country Japan ! ❤
Your videos are great, Andrei! Loved the house of cards trick!
With love from Tokyo ❤Love the card trick 🎉
Very nice explanation with the house of cards.
Great work Andrei! Great call with the JEPQ.
Thank you for what you do. I dont find any of it boring.
Good video, thank you. Do you think it would help if Japan summoned the dragonzord? We haven’t seen it in a while…
Of course we want to see a more detailed video about your portfolio 🎉
So many talents on display here! Bravo!
You nailed it! Thank you
Great video and great card trick
I’m more worried about how this issue just vanished in 24 hours lol
yess do the detail breakdown about ur portfolio pls
Would definitely love a detailed breakdown of your portfolio
Amazing educational content man!
What a great explanation. Subscribed 😍
Yes to a detailed breakdown of your portfolio please 🙏🙏🙏🙏
i really loved how you explained everything, loud and crystal clear..
Would love to see your portfolio and get more info.
The end of that video was very inspiring, Thank you!
Awesome card illusion
Great conclusion Andrei!
Great Video
Great content!
this was a good one, liked
Omg subscribed !
Love to see that break down of your investments, thanks
Fantastic video … well done!
Many thanks!
Just a correction: Japan didn't raise interest rates by 0.25% but to 0.25%.
Both mean the same
@@MangoCitizen No, they dont... dear God 🤦♂️
@@Bl00dMalice yes they do! In this special case.
0.25% of what- the principal amount and,
Absolute raise- 0.25%
Since the base is zero, both here mean the same. Otherwise they are different as you say.
You are a master
Borrow from the Japanese at zero %, and park the money in Australian treasury to collect interest. Sounds like a winner. If it is that easy, why can't the Japanese do it and pocket the interest themselves rather than "giving" the money to the foreigners. What's the catch?
The catch is when the the exchange rate moves and and those AUD aren't worth as many JPY as when you bought them, or japan raises rates. And the Japanese do do it, their investment banks make foreign investments. And GPIF's foreign investments can be seen as the government itself getting involved.
The more people borrow from Japanese banks, the greater the demand for JPY thus the price/ exchange rate of JPY should increase
Japanese private equity firms, hedge funds, sovereign wealth funds, and FX desks for several banks DID participate too. They made tons of money off their carry trades.
Loved the Matrix reference
great vid... I liked your breakdown as well
Best financial education channels keep up the good work, thanks
Yes please!!! Your the best 🎉❤
Your videos are really good. Thanks for the perspective.
I agree - best explanation at the end of the video.
Can you please share a light on dividend investing and how to start doing it.? Thank you
Stupendous effort. Many thanks for the knowledge ❤
Great guy giving honest information. Ty!
Excellent video. Your research helps alot. 😊