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
- HUNGARY : Orban Rejects IMF Loan Conditions...Via Facebook.
- COLOMBIA : 11 March UPDATE: 70 Fare Protesters Arrested; 5 Bogota Metro Stations Vandalized.
- NETHERLANDS : Amsterdam To Build 'Scum Villages' For Annoying Neighbors.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: Expat Oil Workers Comfortable With Bureaucracy, Anti-Foreigner Feelings.
- BRASIL / USA : Bad Blood Brewing Over Surprise Plane Order Cancellation.
- COLOMBIA : FARC Narco/Oro Terrorists Kill 6 Police In Cauca; Families Of FARC Kidnap Victims Demand Info.
- UKRAINE: 24 Oct. UDATE: Officials Incinerating Stray Dogs In Euro 2012 Clean-up.
- COSTA RICA : Narco Shipments And Violence...Surging.
- BOLIVIA : 8 Dead, 36 Injured In Bus Accident Near Sucre.