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As Deutsche Bank’s George Saravelos shockingly calculates in a post this morning titled “The printer is on overdrive”, and available to professional ZH subscribers, if the current pace of buying persists, the bank will have bought approximately 10 trillion yen in June. To put that number i...
The Korean correspondent’s comparison of Japan, South Korea and the United States made me smile because it revealed the radical differences among the three countries. Indeed, Japan is a country where people are polite and friendly, and yet they do everything “by the book”. Additionally, in...
It appears to me that the nominal rate is wrong, as the other graphs Krugman provides suggest 10 year yields are near 0.80%, which is correct. In contrast, the inflation spreads seem right, as they are consistent with his other post, close to the 5 year spreads. But that means the rea...
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The People's Bank of China (PBOC) has denied reports that commercial banks were asked to deposit all their U.S. dollars into the central bank. China's growth outlook positive despite uncertainties Many economists believe that despite downward pressure and uncertainties, China's economic outlook re...
Quick heads up that is the last post of this series and the final post on Nippaku for the foreseeable future, so enjoy! If you want to read more things I wrote, there’s 121 other posts to discover on here. Framing Jimotogaku Conceptually III: The Socio-political Context Looking from ...
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