Japan: LDP Implements Spending Measures Taking Country Into Deeper Debt Hole
One of the primary goals of the newly elected Liberal Democratic Party (LDP) government is to reverse Japan’s long-standing economic woes. However, given the scale of this problem, its unlikely … Continue reading
January 19, 2013 · Leave a comment
Global Economy: Settlement Exposes Underlying Weakness in Global Financial System but Offers No Solution
The London Interbank Offered Rate (LIBOR) and Euro Interbank Offered Rate (EURIBOR) are the benchmark interest rates used to set short term interest rates for over $10 trillion in loans … Continue reading
December 19, 2012 · Leave a comment
China: Something’s Fishy in the Kung Pao
China is currently going through its once-a-decade political leadership transition and so it makes sense that both sets of leaders – the outgoing and incoming – want to show the … Continue reading
November 10, 2012 · Leave a comment
All Sorts of Things 