Jesse's Café Américain

"Some people see God as they see a cow, and love Him as they love a cow — for the milk and cheese, and the profit it brings. This is how it is with people who love God for the sake of worldly possessions or inward comfort. They do not truly love God when they love Him for their own advantage. The eye through which I see God is the same eye through which God sees me; my eye and God's eye are one eye — one seeing, one knowing, one love.”
Meister Eckhart, Predigten und Traktate

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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