Energy Efficiency

climate change, energy resources and the big picture: an Australian perspective on global issues

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Entries Tagged as 'japan'

It Is Japan We Should Be Worrying About, Not America

November 3rd, 2009 · No Comments

By Ambrose Evans-Pritchard
The rocketing cost of insuring against the bankruptcy of the Japanese state is telling us that the model has smashed into the buffers.
Credit default swaps (CDS) on five-year Japanese debt have risen from 35 to 63 basis points since early September.
Japan has suddenly decoupled from Germany (21), France (22), the US (22), and [...]

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Tags: asia · economy · japan · money · usa