Jesper Koll
Jesper Koll
bank deflation disappear fighter japan true urgency
The urgency to appoint a true deflation fighter at the Bank of Japan is not going to disappear with this report.
areas elections focus since urban won
It's now in the urban areas where elections are won or lost. Since Koizumi, it's been a focus on the urban areas.
consumer credible engine growth japanese job security spending virtuous wages
Consumer spending has become a credible engine of growth for the Japanese economy. Wages and incomes are increasing, job security is improving. It's a virtuous circle.
four last risen three
This is not a one-quarter wonder. Japan's GDP has risen more than 5% for three of the last four quarters.
growth hit moment policy pressures talk trade
The moment American growth slows down below, say, 2 percent, trade pressures are not just something that we talk about but are something that are really going to hit policy makers.
bad health huge interests postal reform
Health-care reform is a huge issue. It's also a huge battle. There are big vested interests that are just as bad as contractors and postal lobbyists.
consumer financial isolated japanese market
The Japanese consumer is very isolated from financial market dynamics.
capital components likely public spending whether
All the components of demand, whether consumption, capital spending or public spending, all of them are likely to be negative. You are in a recession.
creditor largest rates starts
All liquidity starts in Japan, the world's largest creditor country. When rates go up here, rates go up everywhere.