ldp

The biggest threat to Japan right now is partisan politics, and the most egregious party is the LDP. Case in point: :hb: It is already way, way past the time when this tax hike should have already been done, but the politicians are more concerned about gaining partisan advantage than doing...

Japans democratic party (in opposition in the lower house, in control of the Diet) have delivered another Fuk-ui* to the prime minister. The deputy BOJ governor, Shirakawa, will be running the central bank temporarily. The expectation is that they will soon cut rates from the lofty level of 0.5%...