Unexpected?

LAT Japan’s economy unexpectedly slid into recession as housing and business investment declined following a sales tax hike, further clouding the outlook for the global economy. The world’s third-largest economy contracted at a 1.6% pace in the...

christmas in sweden and japan

What can be more traditional than watching Donald Duck on Christmas? In Sweden, not much: Three years ago, I went to Sweden with my then-girlfriend (now-wife), to meet her family and celebrate my first Christmas. As an only partially lapsed Jew, I was not well-versed...

next up, an economic tsunami

Guess who is the second largest buyer of US debt? Japan. Guess who will have better things to spend money on than US treasuries? Japan. Japan’s need to raise huge amounts of money for reconstruction after the disastrous earthquake raises the prospect of higher...