Share
Warren Buffet visited Japan for the first time in November. At the press conference journalists blinked in disbelief at his breezy assertion that their grandchildren…
Germany
Share
The biblical parable of the talents contains a timely warning for the gold market. In the story the master distributes his wealth between three servants. The first and the second put their capital to work in businesses and generate healthy profits. The third, scared of losses, buries his share in the ground.
Share
By orchestrating a massive appreciation of the yen in the mid 1980s, the US condemned Japan to decades of stagnation and ended the challenge to its own economic hegemony. Effectively Japan was forced to commit financial hara-kiri.
Share
The Greeks have got a lot to answer for. As well as roiling the markets and torpedoing the euro, they have inflicted serious damage on the debate about the global crisis and its remedies.
Share
A leadership change in Japan passes almost unnoticed these days, but the ascension of Naoto Kan to the role of prime minister could have a long-lasting impact on the strategic landscape.
Share
Remember the fable of the hard-working ant and the irresponsible fun-loving grasshopper? As generations of parents tell their children, both creatures get what they deserve. The grasshopper pays a terrible price for his summer of fun, while the ant survives the winter snug and smug.