with JXY looking monthly downside and DXY looing upside i will be looking for 35 years breakout of usdjpy meanning uj is a long therm upside
How to View the Assets in Japan
It should be noted that many of the assets the government owns are not marketable, or, if so, their
price can sharply drop in the case of fiscal crisis. Therefore, the financial situation should be assessed
first by gross debt.
In addition, the assets earmarked with the liabilities (such as pension reserves and FILP loans) are
not directly related to fiscal consolidation because they are not included in “Bonds outstanding of
central and local governments”, which is the benchmark of fiscal consolidation target
How to View the Assets in Japan
It should be noted that many of the assets the government owns are not marketable, or, if so, their
price can sharply drop in the case of fiscal crisis. Therefore, the financial situation should be assessed
first by gross debt.
In addition, the assets earmarked with the liabilities (such as pension reserves and FILP loans) are
not directly related to fiscal consolidation because they are not included in “Bonds outstanding of
central and local governments”, which is the benchmark of fiscal consolidation target
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