It probably won't happen, but there's always the possibility of unexpected consequences. |
Maybe my wife should be the economist. |
The fact that it's now a two-way agreement is symbolic and a positive step that may lead to further cooperation. A currency swap is still just a safety net for countries in the case of crisis, but I'm hopeful that this will lead to more forward-looking policy initiatives about how to get private- sector money flowing in the region. |
The private sector is innovating like crazy. Japan is back to healthy growth. |
The recovery is expanding across the economy. It's not just exports driving the economy anymore. |
There is a whole generation of homebuyers stuck out in far suburbs. |
There is a whole generation of homebuyers stuck out in far suburbs. It's sad, but Japan has basically forgotten about them, and is moving on. They are just left out there. |