Some Japanese analysts say the global downturn in stocks caused by interest-rate raise by Japan. Takenaka Heizo, former minister, said "the earthquake center" was China, Someone says China has defaulted credit equivalent to 20% of the overall economy, while Japan's was 8% or so. as always, I don't understand the truth. :-) But it is nice opportunity to study about economy. I hold some stocks but the purpose is to study. I have to study to save money. It is a very effecting system for me to study.
Well, it seems some Japanese high schools introduce a class to teach dealings on the stock exchange. Those schools say they teach investment. But I don't think so. Because they seem to make students to compete the benefit of interest-rate spread. It is not investment but gamble named speculation. I doubt of that they should teach such a thing, but I think should teach about investment if they think students should study about economy. They can study speculation with chart but they have to read settlement reports to study investment. Moreover, I suppose they should teach manufacturing with investment more which is most important for Japanese economy which have to depending on export. I know American schools teach it but there is a difference of economic circumstance between Japan and America. Moreover, they should teach philosophy and its problem in high school. It would be impossible though.
Well, it is time to watch a TV drama named 風æç«å±±(Fuu-rin-Ka-zan) on NHK. Have a good week!
Well, I'm back. My stomach is fighting with gravity now.
It is a photo of Fuji-mountain!
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