Most satisfying of all, Japan’s government bond market has remained as serene as a zen garden.
For them the euro is like the cockroach motel – you can check in, but you can never check out.
The LDP, like the Rolling Stones, is a dinosaur outfit. Both lack the energy levels of their nineteen sixties heyday , but still manage to wipe the floor…
The message was clear – deflation was the fault of Japan’s inadequately fertile womenfolk, not the elite officials of the central bank
The man behind the counter preparing his food was the god-like Jiro Ono, creator of the Jiro-nigiri sushi style.
They walk in cool and confident, armed with their PowerPoint presentations. They leave town horizontal, soaked in red ink.
Amidst all this activity, the position of Japan is absolutely, well, pivotal. From the US point of view, a wealthy, confident and committed ally is a vital asset in what it is likely to be a long drawn out strategic game
Photos of Chinese protestors holding signs proclaiming “Exterminate the Japanese” went viral in Japan and will not be forgotten quickly…