Categories
Japan News

Richard Katz on Japanese debt

Richard Katz of The Oriental Economist provides a counter-argument to the mainstream worries about Japanese government debt. I’m leaning more towards Katz but am looking for more guidance.
Now Is Not the Time to Fret About Tokyo’s Debts

Categories
Funny Japan

why the Japanese are so bad at English

Matt Alt explains why this:

指定された暗証番号をお忘れの場合は、列車終着駅でお荷物の引渡しとなります。

becomes this…

When the set combination is forgotten, it becomes a delivery of the spare prick in the train terminal station.

I’d laugh if it wasn’t such a simple error. It’s also prominently displayed on the Narita Express for all of the visitors to Japan to read. Let’s wait and see how long it takes JR to fix this gaffe.

The Mysterious Case of the Spare Prick

Categories
Japan News

Krugman disagrees with Hiroko Tabuchi

Last week Hiroko Tabuchi’s article in the NYT, Rising Debt a Threat to Japanese Economy, painted a pretty grim picture of Japan’s significant debt and what that could mean to the future of Japan. What many may not have seen is Paul Krugman’s comment on his blog, Is Japan on the fiscal brink?, where he basically says that the market does not see any problem in Japanese bond yields being low- that the market expects this. If you were concerned by Tabuchi’s article, which is more speculative, it’s important to look at the market itself, as Krugman does, to see that that this issue is not much of an issue at present.

Categories
Internet Japan News

Good Ideas Salon – Tokyo

After the GLOCOM event on Oct. 20th, I’m headed to the Good Ideas Salon, Tokyo, where three people I know are speaking. I’ve known Peter Rojas since the early days of Gizmodo, where I was an early contributor. Danny is also a good friend as is Mark Dytham. Should be an interesting evening.

Categories
Internet Japan News Personal

GLOCOM Forum 2009

Just a quick note to mention that I will be attending the GLOCOM Forum 2009 event, as Kevin Werbach (who I know via Jerry Michalski) is speaking.