Japan’s Cautionary Economic Tale

Troubles are coming to the Japanese economy not as single spies but in battalions. Its economy is in recession, its public finances are on an unsustainable path, and its currency keeps plumbing new ...

Japan Should Leave the Yen Bazooka at Home

The root cause of yen weakness lies in the US, not Japan. That makes the latter's options very limited. Sovereignty only goes so far. Kanda & Co. need to pick their shots carefully, and with discretion. Never mind the bazooka. Just a few bullets will suffice.