Sun-dancing Kuroda Merits Another Term at the BoJ
The long gloomy years of deflationary stagnation, sometimes known as the lost decades, appear to be ending
Back from the Dead: the Rebirth of Japanese Stocks
These days Japan looks more like a model case in the management of an ageing, mature society
Can Abe Get His Mojo Back?
“Opposition” does not refer to minority parties in parliament, who remain irrelevant, but hardliners in the bureaucracy and their supporters
“I M Fired” – How the Asian Financial Crisis Helped Asia and Harmed the West
The ensuing collapse in the West’s financial credibility was equivalent to the Iraq War’s effect on its strategic credibility
The Brightening Message from Small Cap Japan
In the creative destruction that is supposed to characterize capitalism, destruction is always noisier and more eye-catching than creation
What Trump Means for Markets: The Great Reversal
Populism thrives under deflationary conditions, as in Japan and Germany in 1928-33, but populism in power often brings high inflation
The Kuroda Conundrum: Tapering or Fuelling the Helicopter
Kuroda signing off on a tightening would be like a sumo champion going on a vegan diet.
Abemon Go: Constitutional Reform and Reflation
Prime ministers came and went like karaoke singers taking turns at the microphone.
The Widowmaker’s Message: Bring an End to Austerity
Once upon a time it was possible to view all this as some bizarre, uniquely Japanese phenomenon. No longer.
Brexit and the Unravelling of Europe
The ideological project of turning Greeks into Germans and vice versa has collided head-on with “the crooked timber of humanity.”