Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
Is Japan in crisis as yen crashes? Or is USA exporting its economic problems?
35 minutes Posted May 1, 2024 at 11:00 am.
Intro
Yen plunges against US dollar
Rising exports, falling imports
Did Germany overtake Japan?
Nominal GDP is misleading
PPP is much more accurate
Misunderstanding GDP figures
US deficits & debt drive GDP growth
Strong US dollar
Industrialization & manufacturing
Current account
US Treasury securities
Why is the yen falling?
Interest rates
Bond yields
Why doesn't Japan raise interest rates?
Japan's debt
Inflation
US Treasurys
De-dollarization: China drops US bonds
TL;DW (conclusion)
Outro
0:00
35:57
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Show notes
Japan's currency the yen has fallen significantly against the dollar. It its economy in crisis? What is the role of US interest rates, inflation, debt, and deficits? What about China? Ben Norton explains the complex geoeconomic situation.
VIDEO: https://youtube.com/watch?v=sz3r36ZTe7Q
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