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
In the creative destruction that is supposed to characterize capitalism, destruction is always noisier and more eye-catching than creation
The lesson the North Koreans have learned is that bluster, brutality and blackmail make for a winning strategy.
“Through the seething jungles of Mindanao, across the baking emptiness of Mongolia and into the Dear Leader’s personal pleasure dome.”
Abe was treated to hugs, multiple dinner dates and a sleepover at Trump’s luxury resort in Florida. The round of golf the two men played there was highly symbolic,
He used the same hairbrush for 50 years and went to work by bus even while head of the “Keidanren” big business association
Ground-breaking film director Nagisa Oshima, peddled cockroach-repellent and air-freshener.
Populism thrives under deflationary conditions, as in Japan and Germany in 1928-33, but populism in power often brings high inflation
Scorsese’s favoured milieu is the “mean streets” of inner city America, where he grew up, with their violence, profanity and crime
It is the leaders and citizens of another Asian power that “should heed the lessons of Pearl Harbour.”
“There are people who wish I wouldn’t refer to China as our enemy. But that’s exactly what they are…”