80% of ETFs owned by JCB
About 80% of ETFs in Japan are owned by the Japan Central Bank.
How are inefficient companies suppose to go bankrupt when they are owned by a central bank? Wouldn’t they just print the money needed to get them out of bankruptcy in the name of a stable growing economy? We have a lot of evidence about this.
How is this even legal?
I don’t really know. Central Banks have a mandate to have a stable currency and growing economy, but please. Owning the vast majority of the market goes into a territory we can only laugh at because otherwise we would just cry.
Most wealthy people have a lot of their wealth in these ETFs. I’m sure the rice farmer in Japan not much.
Many people wonder why there is such a income inequality gap. Wonder no more… we may be up to something here.
You should not be mad about this.
- Recognize the game being played.
- Play it better than them.
- Change the game.
