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Japan May Enact Law to Speed Approval of Troop Deployment – Bloomberg
Japan May Enact Law to Speed Approval of Troop Deployment – Bloomberg. Japan may enact permanent legislation to accelerate the approval process for overseas troop deployments as Prime Minister Shinzo Abe seeks to expand the role of the nation’s military. The government and ruling Liberal Democratic Party plan to submit such a bill to parliament next […]
BBC News – Japan’s savings rate turns negative for first time
BBC News – Japan’s savings rate turns negative for first time. For the first time since records were collected in 1955, Japan’s population is drawing down its savings and the savings rate, calculated as savings divided by disposable income plus pension payments, was negative 1.3%. It’s a dramatic change from when the Japanese saved nearly […]
Game Over Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative | Zero Hedge
Game Over Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative | Zero Hedge. When about a month ago it was revealed that Japan’s shadow economic advisor is none other than Paul Krugman, we said it was only a matter of time before the Japanese economy implodes. Terminally. We didn’t have long to […]
How Japan Bankrupted Itself – The Globalist
How Japan Bankrupted Itself – The Globalist. Following the start of Abenomics in 2012, Japan moved back to the center of attention of global financial markets. After two and a half decades of economic stagnation, hopes were high that Japan would escape its long stagnation and deflation. Plenty of economists around the globe hoped that, […]
Snow storm death toll in Japan rises; forecasters warn bad weather to continue – ABC News (Australian Broadcasting Corporation)
Snow storm death toll in Japan rises; forecasters warn bad weather to continue – ABC News (Australian Broadcasting Corporation). The death toll from a severe winter snow storm gripping much of Japan has risen to 11, according to local media and officials. Northern and central parts of Japan have been lashed by strong winds that […]
Epsilon Theory – Salient Partners | Now There’s Something You Don’t See Every Day, Chauncey
Epsilon Theory – Salient Partners | Now There’s Something You Don’t See Every Day, Chauncey. Like every other male homo sapiens I know, I watch a lot of sports. There’s only one team that I watch as a fan – the University of Alabama football team (my grandfather and uncle played there, and I was raised in […]
Deflation Is Winning: Brian Pretty – PeakProsperity.com | Peak Prosperity
Deflation Is Winning: Brian Pretty – PeakProsperity.com | Peak Prosperity. Remember in the early part of the last decade, long before he was appointed the Chairman of the Federal Reserve, Ben Bernanke penned an article that caught widespread public attention entitled, “Deflation: It Can’t Happen Here” ? Bernanke was referring to the deflationary pressures Japan […]
Gold Surges As Greece Crashes – Eurozone Debt Crisis Part II Cometh | www.goldcore.com
Gold Surges As Greece Crashes – Eurozone Debt Crisis Part II Cometh | www.goldcore.com. Gold jumped 2.3 percent to a six-week high yesterday as sharp falls on stock markets globally led to renewed demand for gold as a haven. Monday night and Tuesday saw renewed market turmoil across the world. Leading shares suffered their biggest […]
Hundreds of Japanese protest ‘unclear’ whistleblower law — RT News
Hundreds of Japanese protest ‘unclear’ whistleblower law — RT News. Demonstrators flooded Tokyo’s streets over a just-activated secrecy law set to threaten the disclosure of government wrongdoings, as well as limit press freedom. The government hopes the added safeguards will lead to intelligence-sharing with the US. Starting Wednesday, anyone leaking state secrets can get 10 […]
Japanese recession worse than thought | World news | theguardian.com
Japanese recession worse than thought | World news | theguardian.com. Japan’s economy contracted 1.9% in annual terms in the July-September period, according to revised data released on Monday that confirmed a recession in the world’s third-largest economy ahead of an election on Sunday. Data for both business and public spending were worse than anticipated. Most […]
Crashing Yen Leads To Record Number Of Japanese Bankruptcies | Zero Hedge
Crashing Yen Leads To Record Number Of Japanese Bankruptcies | Zero Hedge. Last week, Zero Hedge first showed a chart so simple, even a Krugman could get it: at this point (and really ever since USDJPY 110 and higher), any incremental Yen devaluation is destructive for the Japanese economy, leading to an unprecedented surge in corporate bankruptcies […]
Keynesian Hit Men On The Road—–Krugman And Rogoff Peddling Toxic Advice | David Stockman’s Contra Corner
Keynesian Hit Men On The Road—–Krugman And Rogoff Peddling Toxic Advice | David Stockman’s Contra Corner. Here are a couple of reasons why Keynesian economists are truly a menace in today’s bubble ridden and debt-impaled world. It seems that both Harvard’s Kenneth Rogoff and Princeton’s Paul Krugman are on the global advice circuit, peddling what amounts to sheer […]
Goldman Warns “Further Yen Depreciation Could Be A Net Burden” As Japanese Bankruptcies Soar | Zero Hedge
Goldman Warns “Further Yen Depreciation Could Be A Net Burden” As Japanese Bankruptcies Soar | Zero Hedge. It is no secret that one of the primary drivers of relentless S&P 500 levitation over the past two years, ever since the start of Japan’s mammoth QE, has been the use of the Yen as the carry […]
This Country Will Be the Next Zimbabwe… |
This Country Will Be the Next Zimbabwe… |. Working with their Hands Things are slowing down. This is Thanksgiving week. People are leaving work early, trying to beat the holiday traffic rush. US stocks and gold were flat yesterday. We’re still in New York, taking care of business. Tomorrow, we’ll get an early start and […]
