Last quote by Masamichi Adachi
The continued weakness of household spending and consumption in general is puzzling. However, we might have understated drags to consumption; concerns of senior people who have no labor income.
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Masamichi Adachi is associated, including budget and balance. Most recently, Masamichi Adachi has been quoted saying: “It's become clear Abe is not so serious about fiscal discipline. The budget balance target was considered ambitious to begin with and now looks to be given up or pushed back until a few years later.” in the article Tax hike delay signals Japan giving up on fiscal reform. An other article where Masamichi Adachi has been quoted is Japan setting up panel to debate new spending: sources.
Quotes by Masamichi Adachi
May 31 2016
It's become clear Abe is not so serious about fiscal discipline. The budget balance target was considered ambitious to begin with and now looks to be given up or pushed back until a few years later.
Mar 01 2016
We are already factoring in an extra budget for money to be spent in fiscal 2017.
Jan 20 2016
The chance of additional easing is heightening. Wage hike negotiations (between labor unions and companies) don't look promising. Inflation expectations are weakening, too.
Mar 22 2011
In the short term, probably some negative impact could be inevitable, but in the medium to longer term as you mentioned some companies probably feel it is better to locate their factories outside of Japan, so that's probably positive for the emerging Asian countries.
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