Jesse's Café Américain

Saint Michael the Archangel, defend us in battle; be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray: and you, Prince of the heavenly host, by the power of God, thrust into Hell Satan and all of the other evil spirits who prowl about the world seeking the ruin of souls.

Showing posts with label Japan. Show all posts
Showing posts with label Japan. Show all posts
02 July 2009

The Japanese Stagnation

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This is interesting, and probably an eye-opener for most Western readers. Most Japanese mortgages are 'recourse' loans meaning that ...
26 June 2009

The Particularity of Japan from an Economic and Demographic Perspective

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Since Japan is so often, and as we think incorrectly, cited as a likely deflationary pattern for the US in monetary outcomes, and since so f...
14 February 2009

Balance Sheet Recessions and Japan Redux

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Here are a few excerpts from an essay by Axel Leijonhufvud at VoxEU which was brought to my attention by xyphius from Japan. The essay in p...
11 February 2009

The Stock Index - Gold Ratios and a Brief Aside on Japan

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The Stock Index - Gold Ratios are important in gauging significant stock market declines. Stocks may go nominally lower or gold can increase...
29 December 2008

Japanese Economist Urges Selective Default on US Treasury Debt

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Here is an intriguing proposal for a 'selective default' of US Treasury debt to head off a massive devaluation of the dollar, and to...
19 December 2008

Japan Government to Buy 20 Trillion Yen in Stock to Support Their Markets

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You have to wonder why they just don't give money directly to their people, and allow them to use their discretion to invest and consume...
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