Japan
Video from China/Japan Presentation and DC Trip
I had been in DC a few times before but never really had time to see the city. I took my almost-ten-year-old son Jonah with me on this trip, and we had an amazing experience.
China – The Mother of All Gray Swans / Japan – Past The Point of No Return
Overcapacity + late-stage growth obsessive 1998 - 2008, economy grew at 10% a year. China's customers are overleveraged and are deleveraging.
Set the Bar High
The world today is riddled with unique economic, political, and demographic risks. Finding attractively priced assets that will perform well in spite of these challenges is excruciatingly difficult.
U.S. Must “Man Up and Take the Pain” or We’ll Become Japan
"Lower taxes and borrow money to finance it," pretty much sounds like U.S. fiscal policy during the Bush years.
Poststeroid Economics
During the ’80s and ’90s, ignorance was bliss. The global economy was growing nicely, and analyzing it seemed like a waste of time.
Japan: Land of the Rising Debt
Two decades of stimulative, low-interest-rate fiscal policy have made Japan the most indebted nation in the developed world.
Musings on Kids and Asia
My nine-year-old son Jonah and I have been playing chess a few hours a day. I never thought I'd enjoy playing chess as much, but I do.
Don’t call me Dr. Doom, call me Mr. Realist
The current strength of the US economy is significantly boosted by steroids graciously provided by the US government in the form of stimulus.
Signs of Global Growth Slowdown?
This weekend’s papers provided new signs of global economic slowdown. The first came from Japan. For the first time in 26 years – a long time – Japan became a net importer.
