Johnny Ho comments
Posted in: Abe could delay tax rise, call snap election - again See in context
Abenomics already committed harikiri, Abe's story book economics is both weak and impractical, Abe's future vision for Japan is cloudy. Nothing actually evolved economically since he became PM by a stroke of luck
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Posted in: China's economic crisis similar to Japan in 1990s See in context
Besides its enormous Forex reserves, China has plenty of accumulated assets world wide, and not forgetting China holds the highest Gold reserves estimated to be well over 15,000 tons (officially declared as 1685 tons). The current bearish trend is like many said an adjustment to real market values - and the biggest culprit are the big manipulators who triggered most of the speculations that recently created a bubble. These people are now banned and under investigation.
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