Japan's Great Economic Experiment Starts In Just A Few Hours — Here's What You Need To Know

TBI ^ | 4-3-2013 | Matthew Boesler

[Ditto]

Oh, Yes, I remember...I worked at Intel at the time...KANBAN...

The KANBAN actually works pretty well especially today when you can track order status on-line all the way through to supply chain. Our company didn't do manufacturing on the same scale as Inetl, but the just-in-time process did save us lots of money on inventory costs.

The one Japanese inport from those years that IMHO just didn't translate well into 'American' was the Quality Circles. We used to call them what they were... Circle Jerks. I never saw even one productivity improvement come out of any of them.

[goodnesswins]

Interesting about kanban....and YES! I do remember QC’s....

[Rio]

In other words, they’re going to try and inflate and bailout their way to a booming economy.

Because that always works!

[Teacher317]

Yeah, because 1-day changes in the market are always the perfect indicators of how economic decisions will affect the economy long-term... and can NEVER be manipulated, either...

The BOJ is going to buy $900 Billion in long-term government bonds over the course of a year, to try to grow of the monetary base by $600-750 Billion annually... and this is the "perfect" answer to Japan's hyper-spending problems. Mm hmm.

(Japan's total debt is over 200% of their GDP. The IMF calls anything over 125% "unsustainable". The US jumped from ~40% under Bush to 105% under Obama. We are now #11 in the world, having just passed the Sudan in this illustrious ranking. Japan is #1, Zimbabwe, Greece, Italy, Ireland, and a few Caribbean island nations are the only ones left ahead of us.)