山龍ブログ - 誰にも文句言わせへんで!コラム

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  • 時事
    昨日の夜に日テレの番組で放送された「世界一受けたい授業」
    元財務省官僚の村尾氏の発言は、金融商品取締法違反です
    財務官僚時に経験もしていない事を、あたかも真実であるように流布
    こういう輩は、一度、逮捕しといたほうがいいんじゃないでしょうか
    村尾氏は確信犯ですから、自覚がないところで芸能人にも参考人で
    呼び出せばいいんです
    テレビで放送するだけで騙されるお年寄りも多いでしょう
    犯罪です

    日テレの方
    財務省から天下りが来ていて、会社がそちら寄りになってる自覚
    ありますよね?
    度が過ぎれば、お灸をすえられますよ







    ついでに、世界に向けて財務省が発表しているコメントを付けておきます




    Summary of letter to the rating agencies




    Considering the strong fundamentals of the Japanese economy, the current ratings of JGBs are already too low and any further downgrading is unwarranted. Your explanations regarding rating decisions are mostly qualitative in nature and lack objective criteria, which invite questions about the larger issue of the reliability of ratings itself.

    Clarification and elaboration, in concrete and/or quantitative terms, of rating decisions are thus required on such points as:


    1)

    In the case of industrialized countries such as the U.S. and Japan, defaulting on local-currency denominated debt is unimaginable. What kind of risk is exactly contemplated as "default"?


    2)

    Ratings of sovereign bonds should not be assessed solely by fiscal indicators, but comprehensively and in the broader context of the economy at large, inter alia economic fundamentals. For example, how are the following factors evaluated:


    a)

    From a macro-economic viewpoint, Japan has the largest savings surplus in the world.


    b)

    The above enables us to finance most of the debt domestically and stably at very low interest rates.


    c)

    Japan has the largest current account surplus, is the largest creditor country, and has the largest foreign exchange reserves in the world.

    3)

    Consistency is questionable comparing various sovereign ratings. How would the following be explained, e.g.?:


    a)

    A country that has a per-capita GDP of about 1/3 of Japan and suffers from a large current account deficit is, in fact, rated higher than Japan.


    b)

    The U.K. foreign-currency bond was rated AAA in 1978, only two years after the sterling crisis and Fund borrowing in 1976. U.S. Treasury bonds maintained AAA status in the mid-80’s when the sustainability of the U.S. twin deficits was suspect.


    c)

    Should JGBs be downgraded to single-A, this would assign Japan to the same rating as emerging market countries with wide gaps in economic fundamentals.

    The above questioning in no way implies that the Japanese government is oblivious of the need to carry out reform. The government is, in fact, implementing in earnest various structural reforms, including fiscal consolidation. At the same time, market participants require more objective and transparent rating methodologies and rationales.



    要約すれば、「日本は債務超過ではなく資産超過なので、国債の暴落など有り得ません」
    ということを、財務省は世界に向けて発信し、国内には村尾氏やバカな芸能人を使って
    「財政が危ない」と二枚舌を演じています








    | author : 山龍 | 12:00 AM |