Tokyo Dick

“Dick didn’t do macroeconomics. He didn’t do Japan. He didn’t do Limeys and he didn’t do listening. Dick just did Dick”

Capitalism Heads East

The threat of bankruptcy swept away politically-driven vanity projects.Nothing was too big to fail, not even the ruling family of Indonesia.

Olympus The Movie

If Hollywood were making the movie, the imminent confrontation between Michael Woodford, the former CEO of Olympus, and the directors who…

Going Back To Tohoku

I scan my memory, jumbled and blurred by hangover, jetlag, lifelag. Got it – he’s a media figure, fronts up current affairs programs, TV and radio. A real pro, and a nice guy too. “You’re looking well,” I respond.

The Retreat From Hard Money

Imagine the US economy shrinking by 30% over the past four years, the Chinese economy growing at 2%, not 10%. Imagine UK house prices down 60% and commodity prices sliding back to the levels of the mid-1970s.

Wrong About Japan

“What most likely happened was pedal misapplication.” So concluded an official of the National Highway Traffic Safety Administration, the US body which has just published its report on the spate of accidents involving Toyota cars.

When China Hits a Bric Wall

Who has survived the global credit crisis in the best shape? As Chou En Lai said about the impact of the French Revolution, it’s still too early to judge. The snap verdict that China is the big winner and the US and rest of the old G7 are big losers is already looking questionable.