Japan’s elections and its impact on financial market
14th September 2006
It is middle of September, and it is still hot in Tokyo. Life is also very busy for me these days.
Elections in Japan are also finished. It is a great victory of a premier, Mr. Koizumi. There is an appreciation of yen and stock quantity a little because of this news.
Savings of Japanese people is about 1/3 of the savings of whole world.
A large amount of these savings may appear on the world markets in the future with the victory of this election. If various financial regulations are abolished in this election, the influence on the financial market in the world would be great.
If business of Japan becomes good, Japanese users will buy new cars in shorter time intervals and therefore good used cars with less mileage will also appear in the market in large numbers.
