We Are All Japanese Now

Google has a market capitalization of $380 billion and employs 40,000 people. Toyota is worth $32 billion and employs 340,000.

Abe’s Moment of Truth

If Mr. Abe offered citizens a say in their own governance, it would be the first time since Japan’s mythical first emperor came ashore in 660 B.C.

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.

What if China Devalues?

The rhetoric from Congress would be blood-curdling. There might even be a repeat of the quotas and sanctions imposed on Japan in the 1980s.

Exorcising the Deflationary Demon

Since Japan’s problem is almost the mirror image of the turmoil buffeting emerging markets, there would be little downside in putting the pedal to the metal.

Abe Road 2014

The third arrow struck a chord because it told people what they wanted to hear – that government can push a button and remake reality.