Category Archives: Japan

Ockham’s Razor

The simplest explanation for a phenomenon, ceteris paribus, is to be preferred. Here is my candidate for understanding current American policy regarding Iran:  Barack Obama wants Iran to acquire a a nuclear weapon, indeed several or even many nuclear weapons.  Why?  To teach Israel a lesson and put the fear of God into Israelis.  The President [...]

Economic Depression and the Asian Century

Discussion under Howard’s post regarding our Truly Great Leader’s truly mediocre poll numbers and truly impressive decline has trundled off into matters economic, partly as a result of RCAR’s link to a recent article reprising a theme that ought to be familiar to most here: That seemingly improved growth and sales numbers and an historic [...]

GAMECHANGER WATCH: “It is Japan we should be worrying about, not America”

The savings rate has crashed from 15pc in 1990 to near 2pc today, half America’s rate. Japan’s $1.5 trillion state pension fund (the world’s biggest) has become a net seller of government bonds this year, as it must to meet pay-out obligations. The demographic crunch has hit. The workforce [has] been contracting since 2005. Japan [...]

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