Japanese Finance Minister Aso wants G20 meetings to 'nip crises in the bud'

Might be an export oriented economy for those in power or in government but 60% of Japan's economy is domestic and that's dragging itself on its forearms as its knees are worn out.

Moron.  Assumes that these plutocrats know what they are doing.

I thought IMF's Ms. Lagarde was in jail for corruption? Aso looks in good company.

I had thought that she was in jail, too. International Monetary Fund Director...? Wow! Screw up, move up!

Oh man these guys are holding a G20 meeting in Osaka next year? Crap! Your gunna wreck traffic and cause problems for as long as your here. Go back to Tokyo Taro.

@wanderlust: She was facing one year in jail but later was not punished. It's good to be rich and have connections.

Aso why don't you start by addressing the crisis at home first.

Oh man these guys are holding a G20 meeting in Osaka next year? Crap! Your gunna wreck traffic and cause problems for as long as your here. Go back to Tokyo Taro

A visit to a pharmacist may be helpful...

dif rules for rich people, must be nice.

Aso to find the nip of Nippon to promote investment in high-quality infrastructure to ensure economic growth? He has to juvenile 3 times to understand what the current world economy is, next to him the leader of IMF, please ask her what's going on...

"Aso said on Friday that he wanted the Group of 20 meetings in Osaka next year to focus on identifying problems in the global economy"

EASY

Problem 1 The whole economic system is based on greed and the crazy idea that growth can be infinite on a finite planet Problem 2 The system ignores quality of life and SUSTAINABLE development Probelm 3 The system is run by old men who are either crooks or controlled by crooks.

Why wait till next aso, plenty of buds need nipping now, why waste time...…..no need to reply

Is anybody anywhere going to miss the smug, smiling, silver-spooned face of Aso Taro when he inevitably departs from the scene? The finance minister/treasury secretary in pretty much any country is usually some clueless elitist who leaves much to be desired (see Steve Mnuchin in the U.S.). Still, just disappointing that Japan has had this person as its finance minister for more than five and one-half years now.

The "crises" have been financial - 2008, Japan bubble, Asia currency debacle in 1997. The real economy is not the problem.

So to nip "them in the bud" would require keeping an iron grip on banks, like state ownership, like China does, and other lending and investment institutions. Communist administered China doesn't have financial meltdowns, they may have noticed.

As long as the G20 represents the interests of global investors, it can never nip anything in the bud.

Japan bolsters its defense spending at the expense of education.The lowest spend of OECD members as a percentage of GDP.

Other crisises such as the loss of a robust tax base due to the graying society mean that Japan has a massive problem right now and there is Aso in Argentina on tax-payers’ tax contributions hamming it up for the camera....

"The role the G20 should play next year is to nip crises in the bud before they develop further," Aso said.

And what do you plan on doing when your own country has been in a debt crisis for a generation?