Shiro Tasaki overreacts to the “Ishiba shock” by saying “the market is being used for political purposes”... “There are people who are making money by buying and selling.”
Political journalist Shiro Tazaki (74) appeared live on TV Asahi’s “Hatori Shinichi Morning Show” (Monday to Friday, 8:00 a.m.) on the 1st. He mentioned the “Ishiba shock,” which saw stock prices plummet when LDP President Shigeru Ishiba took office as the new president. “I feel like the market is taking advantage of politics this time,” he began, adding, “I think there are people who have taken advantage of a certain political situation and are overreacting, making money by buying and selling.” He further stated his stance by saying, “If today’s movement continues to cool down again, or if it continues to fall tomorrow, then we should be careful, but for now I would like to react calmly.” Nikkan Sports.
There’s nothing wrong with making money from the real economy, but they’re just disguising gambling as investment. I can understand if they’re using their own money to hold on and get preferential treatment.
The stock price has been on the rise in just one day. It’s even rising after hours. In the end, it’s just the poor traders influenced by Takaichi’s followers who have suffered losses.
>>22 It’s impossible because the ruling party is the Liberal Democratic Party, a party for capitalists. And now they’re trying so hard to get people to switch from savings to investments.
With the recent volatility, the price went up in two days due to expectations, but it just went down in one day. Stop being swayed by stupid instigation.
Abenomics = a policy to raise the Nikkei average by directly investing tax and pension money in stocks. It’s stupid that the means and the ends seem to be interchangeable.
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