Japan's Abe says he'll dissolve parliament on Nov. 21 | Forex Factory

Japan's Abe says he'll dissolve parliament on Nov. 21 | Forex Factory

Japan's Abe says he'll dissolve parliament on Nov. 21

From cnbc.com

Japanese Prime Minister Shinzo Abe called a snap election and announced a delay in the second sales tax hike by 18 months after the country fell into recession. The move announced on Tuesday comes after growth numbers on Monday showed the world's third largest economy shrunk by an annualized 1.6 percent in the third quarter after a 7.3 percent contraction in the second quarter, shocking the markets. "I have taken their [experts'] opinions…the need to exit inflation and to ensure Abenomics…is on track…and as a result I have decided not to raise the consumption tax to 10 percent next October and I have ... (full story)

Comments / Top
Subscribe

Nov 18, 2014 1:40pm — Edited

It is too bad President Obama cannot "dissolve parliament", too. It would really help the USofA if he could simply oust the lying, obstructionist, self-serving Republican minions of the greedy super-rich from both Houses of Congress.

I remember when Representative Boehner cut the deal with President Obama - no tax increase for the rich and we (Republicans) will support the passing of the Affordable Care Act. Once it was a done deal, this lying, deceitful bastard Boehner bragged in an interview that now that there would be no tax increase on the rich, there were still ways to "defeat" the new health plan!

The Republicans, not just Boehner and their Senate circus clown Ted Cruz, but most all of them are nothing but self-serving liars, promoting the agenda of the super-rich that are bleeding the economy of this country bone dry. The name of their game is outrageous pay for CEOs, laws allowing their business to legally steal, tax loopholes for their businesses, tax subsidies for their businesses, and outright no tax to pay at all for their largest businesses, and in the face of all of these entitlements the super-rich have established for themselves, to strip the poor of what little they have! Oh, and to reward well those sonofabitch Republicans in Congress that do their duty for the super-rich, including that Senate circus clown from Texas, Ted Cruz.

As an "aside", it is unbelievable that there are enough stupid Texans to have voted this jerk into the US Senate! Well, in Texas everything is bigger,.....including their stupidity! Never in my life have I seen such a person come into the august House of the US Senate and demonstrate such low class behavior. The Republicans of Texas should be ashamed of themselves. Unfortunately, as Republicans, they have no shame.

Nov 18, 2014 2:13pm

Quoting Forextrapain

Disliked

Yeah, because we don't want anyone who would lie, race bate, abuse their power, or divide the country with class warfare. Oh wait......

Ignored

I should have said it this way.....

....just so long as it is not a Republican! We couldn't possibly do worse than that!
....unless it was Theodore Cruz himself, who already thinks he is the King.

Nov 18, 2014 4:59am

Quoting tunera

Disliked

he's printing like there is no tomorrow, refuses to to hike taxes, want to dissolve the parliament, damn somebody stop him before japan become a third world country

Ignored

No problem for us... we can PROFIT from that :-D

more chaos = more money for us ...

Nov 18, 2014 5:08am

Quoting hao

Disliked

dissolve parliament if successful, Abe will do any and little is prevented. JPY continued devaluation, currency wars but not booming. JPY continues to sell long-term.
waiting for news: monetary policy coming from JP.

Ignored

This is once in a lifetime opportunity. If it goes to 140... who entered with the size.. will be making a fortune...

Nov 18, 2014 5:04am

dissolve parliament if successful, Abe will do any and little is prevented. JPY continued devaluation, currency wars but not booming. JPY continues to sell long-term.
waiting for news: monetary policy coming from JP.

Nov 18, 2014 10:54pm — Edited

Quoting Forextrapain

Disliked

Whenever he wants. Didn't get the memo I see. Obama is now a god. Right traderathome?

Ignored

I don't know since I get mix messages. One of my friends, an American, says Obama is good. He has nothing to complain. I don't know if he is a democrat or Republican. But he seems to dislike Bush. He is against wars.

He also says US is better today (than what? I don't know). That US economy is getting stronger and stronger. In particular he likes the strength of USD.

Nov 20, 2014 2:29pm

Quoting ILOVEmoney2

Disliked

He thinks the economy is getting better?..see this...

http://theeconomiccollapseblog.com/a...he-u-s-economy

He might be an american but does he live here?

Ignored

He lived and worked in US, not anymore. Pls quote me next time, otherwise I can't see any replies.

Nov 21, 2014 1:29am

Quoting ILOVEmoney2

Disliked

so, frx, trader,

did you look at those charts?

peace

Ignored

What charts, ILOVEmoney2? JPY? No, it's not on my radar and I have avoided it including crosses.

I watch Euro, GBP, AUD, and NZD and their crosses. USD? Not interesting atm.

Nov 18, 2014 1:44pm

Quoting traderathome

Disliked

It is too bad President Obama cannot "dissolve parliament", too. It would really help the USofA if he could simply oust the lying, obstructionist, self-serving Republican minions of the greedy super-rich from congress.

Ignored

Great idea. We've never had a dictator before. That might be fun.

Nov 18, 2014 2:02pm

Quoting traderathome

Disliked

....just so long as it is not a Republican! We couldn't possibly do worse than that!

Ignored

Yeah, because we don't want anyone who would lie, race bate, abuse their power, or divide the country with class warfare. Oh wait......

Nov 18, 2014 2:38pm

Quoting traderathome

Disliked

I should have said it this way.....

....just so long as it is not a Republican! We couldn't possibly do worse than that!
....unless it was Theodore Cruz himself, who already thinks he is the King.

Ignored

Oh, I got ya bro. We don't want anyone who thinks that he is king. If we had someone like that, it would be trouble. The first thing they would do is spend our tax money on lavish trips for him and his wife, all over the US and corners of the world, while telling us we need to tighten up our belts on spending. He'd play golf more than work, hold nightly concerts in the White House, on the government's dime. Since they have absolute power, they would probably grant amnesty to all those that sneak into the country illegally, including some of his own relatives.

We definitely don't want someone like that in charge. It would be a mess.

Nov 18, 2014 6:10pm

Quoting ILOVEmoney2

Disliked

He will dissolve Parliament as soon as:

a. he proves where he was really born.
b. he unseals his college records.
c. he and mictchelle disclose why they were barred from practice.
d. who was his father..really.
e. stops writing new E.O's for everything under the sun.

Should be like next week.....hahahah

Ignored

And donkeys fly.

Nov 20, 2014 5:26pm

Quoting ILOVEmoney2

Disliked

Okay...just got back to the online stuff..I will try and stay in the guidelines of posting and quoting and all that stuff.

I promise, I am not here to ofeend anyone or stir up any shit.

I am very happy and lucky to be alive and found this forum as a way to communicate.

Happy trading to all.....

peace..

Ignored

If you don't stir it up some, it gets boring. No one takes it personal, or at least they shouldn't. LOL

"If you like your Obama, you can keep your Obama." - Response to question from MSM reporter, to the tribal leader of Kenya, when asked if he thinks Obama will retire back to his native home.

Nov 18, 2014 4:56pm

He will dissolve Parliament as soon as:

a. he proves where he was really born.
b. he unseals his college records.
c. he and mictchelle disclose why they were barred from practice.
d. who was his father..really.
e. stops writing new E.O's for everything under the sun.

Should be like next week.....hahahah

Nov 20, 2014 11:34am

He thinks the economy is getting better?..see this...

http://theeconomiccollapseblog.com/archives/12-charts-that-show-the-permanent-damage-that-has-been-done-to-the-u-s-economy

He might be an american but does he live here?

I have tons of buddies that have gone into bankruptcy over the last 3 years and we are supposed to be in an "UP" economy. I have a few buddies that were bankrupt that are now doing well with all their real estate and stocks. It's a game and sometimes you are the windshield and sometimes you are the bug.

Somebody is standing behind that curtain and they are twisting dials and pulling levers and making things go a certain way.....I just don't know who that "somebody/they" is.....

I need to go and watch "The Wizard of OZ" again...I use to eat alot of bacon and smoke cigarettes cause the advertisers made me WANT to do it.....Now I know better....

Next time someone asks me what I do for a living I am going to tell them, "I am an elitist"...I don't know who they are, what they do, how they control things or how they have never been exposed....but I want to be one and all you have to do is believe and you can live at 740 Park avenue............

If I had any hair left, I would try and pull it out......even with my arthritis......

I don't know frx.trader.. I put my hand in my left pants pocket and have to say..."Do I have more or less money in here"? Don't know if Obama is making anything happen in my pants , but I am sure he has with others....lol

peace

Nov 20, 2014 4:27pm

Okay...just got back to the online stuff..I will try and stay in the guidelines of posting and quoting and all that stuff.

I promise, I am not here to ofeend anyone or stir up any shit.

I am very happy and lucky to be alive and found this forum as a way to communicate.

Happy trading to all.....

peace..

Nov 23, 2014 2:58pm

I found a very interesting video and wonder if we may be about to suffer the carnage of 2008 x 3 ...

Hmmmmm...

will post it when it looks like it is valid.

When Bernankes boss said "irrational exuberance", I didn't listen...

Now I see that there is a way to set things up so you can make tons by letting things go back to where they should be....

It is a game of give and take....I like the take part pretty good....

peace

Nov 18, 2014 1:55pm

Quoting Forextrapain

Disliked

Great idea. We've never had a dictator before. That might be fun.

Ignored

....just so long as it is not a Republican! We couldn't possibly do worse than that!

Nov 18, 2014 3:11pm

What? Obama will dissolve Parliament of Japan? When?

Nov 18, 2014 2:40pm

Quoting tourderob

Disliked

...anyway - can we get back to Japan now? wtf.

Ignored

Yeah, go. Have a great time, and don't forget to write.

Nov 18, 2014 6:11pm

Quoting frx_trader

Disliked

What? Obama will dissolve Parliament of Japan? When?

Ignored

Whenever he wants. Didn't get the memo I see. Obama is now a god. Right traderathome?

Nov 20, 2014 5:11pm

so, frx, trader,

did you look at those charts?

peace

Nov 20, 2014 5:45pm

cool...thanks forextrapain............

Nov 22, 2014 3:27pm

sorry...thought I pasted something and just like my cooking skills, there was no dough,,,,,

sorry......those charts have probably been cleaned off my computer by now.....

peace

Nov 18, 2014 6:12am

Quoting GlblInvest

Disliked

Should hike sharply, why it decline?

Ignored

because news are for fools. it has all been priced already.

Nov 18, 2014 2:22pm

Quoting Martingale

Disliked

because news are for fools. it has all been priced already.

Ignored

this haha

Nov 18, 2014 2:28pm

Quoting traderathome

Disliked

It is too bad President Obama cannot "dissolve parliament", too. It would really help the USofA if he could simply oust the lying, obstructionist, self-serving Republican minions of the greedy super-rich from both Houses of Congress.

I remember when Representative Boehner cut the deal with President Obama - no tax increase for the rich and we.....

Ignored

...anyway - can we get back to Japan now? wtf.

Nov 18, 2014 4:46am

he's printing like there is no tomorrow, refuses to to hike taxes, want to dissolve the parliament, damn somebody stop him before japan become a third world country

Nov 18, 2014 5:12am

Normal caution please and I hope it does not turn the other way round. Money management essential still.

Nov 18, 2014 5:15am

Should hike sharply, why it decline?

Nov 18, 2014 6:24am

Quoting Martingale

Disliked

because news are for fools. it has all been priced already.

Ignored

I am not shure...it was breaking news

Trader#E396

Nov 18, 2014 5:47pm

I think everyone forgets... Historically... the Yen is incredibly strong still...

USDJPY high was about 350 in the late 1970's when it began to float... since then its been a one sided carry trade to its all time low... OH btw that same time period saw the same trend in both US and Japan interest rates - AND - here is the kicker - the SAME trend in the RISE of Japanese debt to GDP ratio...

So... seeing all of these things turn from generational levels at the same time isnt a surprise ... get ready for the next 20-30 year cycle for interest rates to rise, debt to GDP levels to fall... and ONLY ONE OUTCOME FOR THE YEN : through either complete and utter turmoil and default OR the gradual depreciation through easing... the Yen will fall

Trader#5287

Nov 18, 2014 8:56pm

Quoting Guest

Disliked

I think everyone forgets... Historically... the Yen is incredibly strong still...

USDJPY high was about 350 in the late 1970's when it began to float... since then its been a one sided carry trade to its all time low... OH btw that same time period saw the same trend in both US and Japan interest rates - AND - here is the kicker - the SAME trend in the RISE of Japanese debt to GDP ratio...

So... seeing all of these things turn from generational levels at the same time isnt a surprise ... get ready for the next 20-30 year cycle for interest rates...

Ignored

The yen could qe again in ur dream

Story Stats

Nov 18, 2014 4:23am
Posted by
Newsstand

Medium Impact Breaking

33

8,893