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.

Tokyo’s New Guv’nor

Ishihara’s legacy includes exterminating thirty thousand crows and ordering the removal of the Tsukiji fish-market, much loved by tourists…

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.

Where’s Voldemort?

Every time the focus is on the events of seventy and eighty years ago, it means a loss for Japan and a win for China