outsidethebeltway.com - 2/9/2009
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Japan’s economy is in its greatest downturn in 50 years:
Feb. 9 (Bloomberg) — Japan’s economy is deteriorating at a pace unseen in the past half century, the central bank’s chief economist said.
“Japan’s recent economic decline is faster than that of the U.S., which has been ...
topics.nytimes.com - 2/6/2009
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topics.nytimes.com —
2008 Summer Olympics The Asia Society Caijing Magazine
Business news China.org News search engine China Daily Official...
English-language newspaper China Development Brief Non-governmental organizations China Digital Times University of California at ...
(more)
China - The New York Times
hotair.com - 2/10/2009
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hotair.com —
An oft-repeated aphorism instructs us that we can
have our own opinions, but not our own facts...
— or at least not unless we get to stand behind the podium at the White House. When Barack Obama explained his economic package last night to the ...
(more)
Obama presser: Does Obama pay attention?
ft.com - 2/12/2009
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ft.com —
China will continue to buy US Treasury bonds
even though it knows the dollar will depreciate because...
such investments remain its “only option” in a perilous world, a senior Chinese banking regulator said on Wednesday. China has used the dollars it ...
(more)
FT.com / Companies / Financial Services - China to stick ...
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Foreign Policy Blogging at OTB
The Glittering Eye —
... Second, we’re not the only ones going through a recession. The Far Eastern economies are going through an economic slump of their own. ...
Random Thought on the Economy
The Glittering Eye —
... yesterday and that ties in rather neatly to my post at OTB on the Asian economies is that we shouldn’t limit looking for a crowding out effect to our own shores. If the Congress enacts its mammoth stimulus package (as undoubtedly it will), the package will need to be financed somehow. Raising taxes would negate whatever positive impact the bill might have. It’s got to be financed by borrowing. Not only can financing the U. S. public debt crowd out domestic borrowing that companies here need to grow, it may well crowd financing other countries’ public debt ...
Watching Asia
The Daily Dish | By Andrew Sullivan —
Dave Schuler rounds up articles on Asia's economic slump. There are also reports that their real estate market will crash. Michael Mandel predicted a month ago that China and other "trade surplus countries of East Asia, are going to play the role of the U.S., as acted out in 1929." His projection is getting closer to reality. ...
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