It's an alternate history Japan in the first place, so if something changes, it's not necessarily her fault.I cannot understand any of this economic stuff at all but thanks SSS.
Though I do kind of wonder if messing with history like this might have unintended consequences for our heroine thanks to the butterfly effect. As awful as Japan's economic collapse in the 90s may have been, I wonder if reviving it during that time period might instead lead to an even bigger crash, or political instability, or something down the line.
basically, other manga is an oversimplification of the matter. a "what if there is no other element inplay other than the MC".I understand what the MC does but in another's hand, I also don't understand... I hate my low-capacity brain. I wonder how the other MC in another novel revived the economy so easily?
Which other novel? does it have a manga serialization?I understand what the MC does but in another's hand, I also don't understand... I hate my low-capacity brain. I wonder how the other MC in another novel revived the economy so easily?
Remember that this world of theirs is from an Otome game (wow, ain't that a flip when you consider the main themes of the work itself LOLOL) that closely resembles "modern japan".I cannot understand any of this economic stuff at all but thanks SSS.
Though I do kind of wonder if messing with history like this might have unintended consequences for our heroine thanks to the butterfly effect. As awful as Japan's economic collapse in the 90s may have been, I wonder if reviving it during that time period might instead lead to an even bigger crash, or political instability, or something down the line.
Which reverse merger was that in the 2000s?
And ain't this ultimately meant using (some?) tax payer money to bail out a private bank?
Pg 16: 'compicated' -> 'complicated'
@SiliconSignatureSwissChair
Wow, I don't know there's accounting hack like this
I am still in shock how Japan get out of this heywire of a mess ..
Well, there's one simple trick they used... they didn't, as their GDP numbers would suggest.I am still in shock how Japan get out of this heywire of a mess ..
Oh, for sure, bwt letting the economy go bye bye and wasting a bit of money, ofc the latter choice is obv.BOJ's Special Loan is indeed a bail out. But considering that approving this loan will mitigate a bigger problem that will cause a lot of damages...
This ain't the typical stupid dunderheads from manga/anime... They're modeled after "real people" and can understand that doing preventative things (especially when outlined infront of them in almost black-and-white) is the best choice vs letting stuff fall.
Do you mean in Realist Hero? I guess he had the benefit of fixing a pretty simple economy, atleast compared to our modern one. Like, it's easy to improve your economy when you only need more infrastructure to build, not carefully dismantling an economic bubble without it blowing the nation apart.I understand what the MC does but in another's hand, I also don't understand... I hate my low-capacity brain. I wonder how the other MC in another novel revived the economy so easily?
Ichiyama has a mountain of hidden debt that is enough to bankrupt sankai (runa's firm) if they decide to merge. so to counter it, runa gathers accountants to recalculate (update) the prices of the assets owned by both firms once theyre absorbed. by updating the prices, they can turn assets that seem like they are a loss into something thats at least saveable (for example, you buy a car for 10,000 dollars, but in the years since the price people would pay for those cars have risen to 20,000. but within your balance sheet, it is still listed at 10,000 dollars. by recalculating the price, you've added an additional 10,000 to your balance in unrealized gains (profit but the profit isnt in your pockets yet until you sell, ie "realizing" the profit). in addition, theyll need to take whatever loans/assets that are so bad that its unsaveable and give it to a government entity to sell it off (at a steep loss).
however, that isnt enough to cover the losses of ichiyama securities, so they need to borrow more money from the government (technically it is a bailout however the money still needs to be repaid). the issue is, since ichiyama is buried under debt, the bank of japan cant lend to them without facing criticism (more debt = riskier to continue giving debt, since there is more debts, there is a higher chance the firm wont be able to pay it). however, by borrowing the money under sankai securities, the BoJ can say that theyre loaning to someone theyve already approved, thus making it harder to condemn them. the BoJ loan is a special loan that can be repaid whenever the firm desires, and has a 0% interest rate. its meant as a bailout and a way to draw less criticism, as theres hope that by lending the money, the firm will bounce back and repay that loan, resulting in little to no loss for the BoJ
Well, that might be plausible, if the companies don't improve their act. For example, as Credit Suisse was not greatly affected by the GFC, unlike UBS, the company culture remained the same. This probably led to their decline and implosion recently. But I have full faith and trust that Runa will change their corporate culture massively.Though I do kind of wonder if messing with history like this might have unintended consequences for our heroine thanks to the butterfly effect. As awful as Japan's economic collapse in the 90s may have been, I wonder if reviving it during that time period might instead lead to an even bigger crash, or political instability, or something down the line.