Entries Tagged as 'japan'

Wildfires, rising debt, debunking productivity & GDP

July 31st, 2010 74 Comments

Stacy Summary:  I thought Russia was supposed to be the big beneficiary of global warming?  The last two articles really go hand in hand in demonstrating the dangers of command and control, corrupt government statistics meant to trick the bond market and make the consumer (formerly known as citizen) feel better about shopping.   And [...]

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A Greek-style debt problem is the new black

June 11th, 2010 138 Comments

Stacy Summary:  Every leader in the world seems to be scrambling to declare their country the next Greece; today it is Japan.  It could be a clever ruse to exhaust the wolfpack of speculators.

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Guest Post: Central Banking vs. the Republic and the World

May 29th, 2010 181 Comments

(please take the Bernanke survey below) A couple days ago in Japan, Ben Bernanke said that the benefits of low interest rate policies that politicians want “are not sustainable and soon evaporate, leaving behind inflationary pressures that worsen the economy’s long-term prospects……thus political interference in monetary policy can generate undesirable boom-bust cycles that ultimately lead [...]

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Japan Mulls Monetization of Debt & 30 Percent Devaluation of Yen

April 14th, 2010 115 Comments

Stacy Summary:  h/t @Mongo.  Oh boy, beggar thy neighbor moves into high gear.  Mind you, Japan has been trying this for years.  Hasn’t worked yet. Japan mulls monetization of public debt and devaluation of yen

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Debt spirals, deflation returns and gold predictions

November 20th, 2009 24 Comments

Stacy Summary:   These headlines do not suggest a recovery as Geithner claims, nor does it seem the worst is behind us. Deflation returns to Japan OECD warns that Britain risks a ‘debt spiral’ Marc Faber:  Gold will probably never again be below $1000

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Two island nations, one yen carry trade collapse

September 30th, 2009 31 Comments

Stacy Summary:   Both sides of this carry trade gamble have gone bust. Interesting to see how the population itself is responding differently with each. Japan sinks even deeper into deflation The crisis engulfing the world’s second economy is remarkale.  Profits fell 53pc in the second quarter. Total cash earnings have dropped 7.1pc this year. Tax [...]

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More pay cuts, bonus suspensions and calls for a dollar dump

July 14th, 2009 119 Comments

Stacy Summary:   Will add more headlines after I return from place Concorde where I am walking around with my pitchfork and guillotine looking for some fellow peasants to march with me to La Defense.  What headlines are you reading??  I know you have some good ones!  Max won’t stop talking about the Sea Shepherd, so [...]

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Reading the signs and crop circles: recession or recovery?

June 16th, 2009 74 Comments

Stacy Summary: I have included below a headline I covered yesterday about IMF stating that worst may lie ahead.  @Russ objected to my headline of Strauss-Kahn’s statement.  But, as you can see below, the Guardian interpreted his statement in exactly the same way that I did.  What are your thoughts? Worst days of US crisis [...]

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The US dollar hot button, Paulson’s threats & On the Edge with Max

May 14th, 2009 20 Comments

Stacy Summary: First off – sorry for the downtime on the site last night.  Apaprently, we were being bombarded with traffic from yahoo as our site was hijacked via a plugin (apparently Tweet This) and so, alas, our bandwidth limit was hit.  Next, Max has a new series from tomorrow, a co-production with Associated Press [...]

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