http://www.reuters.com/article/2012/12/28/us-japan-economy-boj-idUSBRE8BR04C20121228
ANALYSIS/ Long and somewhat detailed
For those...who have long wondered why Japan's Yen continued to be so overvalued... here is an explanation...and maybe a solution.
His name is...newly elected conservative PM Shinzo Abe.
His solution is being called Abenomics...fiscal and monetary stimulus...intended to wake Japan out of its 2 decade long deflation slumber...and 3 recessions.
Abe is demanding that the Bank of Japan change its tactics of primarily avoiding asset bubbles...and deliver monetary easing...or else.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- MEXICO: Pemex Oil Exports Seen Ending...In 10 Years.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- COLOMBIA / PERU / CHILE / MEXICO: New "Pacific Alliance" Begins.
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- RUSSIA : Testy Putin Attacks Radio ECHO For 'Diarrheal' Coverage.
- CHILE: Trapped Miners Seek $541k Each in Negligence Lawsuit.