/vt/ - Virtual Youtubers

Time for some actual news.

>Japan's central bank raised interest rates on Tuesday for the first time since 2007, ending the world's only negative rates regime and other unconventional policy easing measures enacted over the course of the last few decades to combat deflation.

>These changes mark a historic shift and represent the sharpest pull back in one of the most aggressive monetary easing exercises in the world.
>Source CNBC

The era of Free Japanese money seems to ge over as Japan increases interest rates for first time since 2007.
The increase signals a tightening in Japanese fiscal policy as borrowers will now be forced to take the liability of defaulting in loans for the first time in 15 years. The effects on Vtubing has yet to be seen as many experts consider this to be a ceremonial step before further rate hikes are required.

For those unaware Japan had essentially been handing out free money to companies under a negative interestfiscao policy attemptingto stimulate their anemic economy. Many Companies including Vtuber companies who had been operating at a lose were essentially able to prop themselves up by taking on more and more debt much like many American start up TECH companies had during America's own experiment with Quanatative Easing and 0% interest. If interest rates continue to rise it could be speculated that many of the unprofitable Vtubing companies will begin to fold as the supply of free money dries up.

Just a few months ago we witnessed the sudden and unexplained closing of Prism Project which may may have been the first warning of vulnerability in the Vtubing Sphere to further interest rate increases. We will continue to monitor the situation the next meeting of the Bank of Japan will occur April 25th.

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Rrat T. Money