Japan Archive

FT: US credit rating under threat

Seems no end to the stupidity that continues to spew out from all kinds of places. You’d think the ratings agencies would have learned their lesson with Japan – downgraded below Botswana and still funded JGB’s at under 1% for years until the BOJ raised rates. And last I saw ten year ...Read More

FT: Japan’s Financial Services Minister Offers Advice for US

US can learn from Japan’s crisis by Michiyo Nakamoto (Financial Times) The US should inject public funds into its financial system, which is undergoing a worse crisis than that experienced by Japan during its non-performing loan crisis, according to Japan’s financial services minister. “It is essential [for the US] to understand that ...Read More

Dow Jones: No mof intervention

The MOF would have bought USD long ago if Paulson hadn’t gone around branding any CB a ‘currency manipulator’ and an international outlaw. The USD is in freefall and is now the major source of inflation. And maybe the Fed as seen the connection? MOF Frets Over Yen, But No Hint Of ...Read More

Updated JGBi Index Ratio Table

(an interoffice email) Hi Dave, If core inflation is finally showing up in Japan that says a lot for world inflation in general! warren On Dec 28, 2007 8:12 AM, Dave Vealey wrote: > > > > With last nights stronger then expected release of core inflation in Japan > (+0.4% y/y ...Read More