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Every time the focus is on the events of seventy and eighty years ago, it means a loss for Japan and a win for China
China
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A misjudgement by either side could set off a violent chain-reaction embroiling many other powers, Sarajevo 1914-style
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Hey presto! – the land of the pyramids morphs into a mid-century powerhouse.
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Amidst all this activity, the position of Japan is absolutely, well, pivotal. From the US point of view, a wealthy, confident and committed ally is a vital asset in what it is likely to be a long drawn out strategic game
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Photos of Chinese protestors holding signs proclaiming “Exterminate the Japanese” went viral in Japan and will not be forgotten quickly…
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Gold did not rise to these giddy heights by accident. A bull market of this scale requires widespread distrust of other financial assets, of the banking system, of capitalism itself
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Sinatra would disagree, but the answer is not New York. Despite the Olympic hoopla, London is not calling and neither is Paris
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Long ago my father used to tell a joke that went like this – What is the definition of heaven? To have an American salary, a British house, a Chinese cook and a Japanese wife. What is the definition of hell? To have a Chinese salary, a Japanese house, a British cook and an American wife
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The triple disasters of March 2011 – earthquake, tsunami, and nuclear contamination – offered a stark depiction of Japan’s strengths and weaknesses to the world and perhaps to the Japanese themselves.
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It wasn’t supposed to happen this way. The biggest surprise for equity investors in 2011 was not the weakness of the crisis-ravaged European markets, but the carnage in the stock markets of the emerging economies.