Daily Archives: January 9, 2013 @ 9:50 am (Wednesday)

Japan should buy the platinum coin?

Abe revived this panel. Lots of cross pressures as to whether to increase deficit spending or not. If not, they could continue to be the land of the rising yen, as ‘monetary policy’ short of actual fx purchases doesn’t cut … Continue reading

Posted in Government Spending, Japan | Tagged |

China Loan Share at Record Low Shows Financing Risks

Lending by state banks there- shelling out funds without much concern about getting them back- is functionally a lot like deficit spending here, and both probably have similarly high multiples as well. So while ‘normal’ deficit spending is reportedly going … Continue reading

Posted in Banking, China, Government Spending |