Japan

I was talking to a friend of mine who does emerging market investing for a living and I asked him what he made of recent China-bullish comments by Stephen Roach.  The Morgan Stanley Asia head was in Germany speaking to German…

AIB has the 'worst loan book' ever seen in Europe - Irish, Business - Independent.ie China Blames U.S. for Strained Relations - NYTimes.com FT.com – Gideon Rachman – Japan edges from America towards China Why do journalists expect to…

Expect a companion piece to this based on what is now happening in Europe. To put it simply, it is all bailout all the time as officialdom desperately uses extend and pretend liquidity to forestall the inevitable solvency problems. This…

Morgan Stanley - Global Economic Forum - Debating Debtflation FT.com - Pandit blames Citi’s woes on short selling Marshall Auerback: A tale of two recoveries – Germany and Malaysia, Part II Stuck in neutral – what Japan’s rebalancing…

This is a post by Edward Hugh, who also blogs at Global Economy Matters. Global manufacturing activity continued to expand in February, albeit at a slightly weaker pace than in January. At 55.2, down slightly from 56.1 in January, the…

Edward wrote a piece about Japan’s government net asset value falling below zero. He thought it would make sense if I gave you an alternative view using Richard Koo’s latest thinking about the Japanese experience, especially given the…

Bloomberg reports: The Japanese government’s net assets in 2009 may have fallen below zero for the first time, the Nikkei newspaper reported, citing an unidentified government official. The result, which includes the central and…

I referenced Matt Taibbi’s latest work at Rolling Stone “Wall Street’s Bailout Hustle” recently when talking about a movie on Ponzi schemes and fraud that aired on 60 Minutes. I liked the piece and recommend you read it – fully aware of the…

As I am still away for the week, you have seen a lot of posts from others. I do still have a lot of links though, and may do two (or three) for today. Here is the first batch.  Enjoy! Edward Irony: Greek Banks Aren't the Most Exposed…

Claus Vistesen here with a first post on Credit Writedowns. GDP releases are, by their very nature, lagging indicators and thus do not tell us a whole lot about the current momentum in an economy. Moreover, the immediate focus of attention…