yes, he can explain things like give everyone who pays taxes a rebate, except the non-japanese... Save money that way. Maybe his meaningful BS will be applauded.
‘‘In order to meet their expectations, I’d like to explain our experiences so we can be of everyone’s help,’’
not true, infact Japan sought help from foreign economic experts (Jagdish Bhagwati, Richard Koo....J-media must have video recordings) as to how to solve "Banks Bad Debt" problems that time.
Hopefully Aso will offer meaningful dialogue. When he doesn't get ticked off or flustered he is able to communicate intelligent ideas. But since this is Aso and the J media has turned on him, I am not so sure.
Where are all the money go? People are told about sup-prime mortgage crisis, credit crunch , recession, poor liquidity in finance etc.. but basically money are just paper,they can not just disappear. They must be somewhere on this planet, what sort of games the riches are playing now? Afraid of President elect Obama and run while ones still can?
"With nearly $2 trillion in foreign exchange reserves and an economy that is still growing - even if more slowly than it was before the crisis erupted - China is one of the few participants with the financial power to aid countries in distress, either directly or by contributing to the coffers of the International Monetary Fund."
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8 Comments
buggerlugs at 09:45 AM JST - 14th November
yes, he can explain things like give everyone who pays taxes a rebate, except the non-japanese... Save money that way. Maybe his meaningful BS will be applauded.
cleo at 09:52 AM JST - 14th November
buggerlugs, what are you talking about?
romulus3 at 10:07 AM JST - 14th November
Cleo, Its too complicated for us simple minded people to understand a genius like buggerlugs.
The thing is that Japan has a lot to offer this summit such as "what not to do and when not to do it" from experience.
some14some at 12:46 PM JST - 14th November
not true, infact Japan sought help from foreign economic experts (Jagdish Bhagwati, Richard Koo....J-media must have video recordings) as to how to solve "Banks Bad Debt" problems that time.
ptolemy at 03:52 PM JST - 14th November
Hopefully Aso will offer meaningful dialogue. When he doesn't get ticked off or flustered he is able to communicate intelligent ideas. But since this is Aso and the J media has turned on him, I am not so sure.
tclh at 06:26 PM JST - 14th November
Where are all the money go? People are told about sup-prime mortgage crisis, credit crunch , recession, poor liquidity in finance etc.. but basically money are just paper,they can not just disappear. They must be somewhere on this planet, what sort of games the riches are playing now? Afraid of President elect Obama and run while ones still can?
mushroomcloud at 06:10 AM JST - 15th November
"At the Washington summit meeting, China holds the cards"
http://www.iht.com/articles/2008/11/14/business/summit.php
"With nearly $2 trillion in foreign exchange reserves and an economy that is still growing - even if more slowly than it was before the crisis erupted - China is one of the few participants with the financial power to aid countries in distress, either directly or by contributing to the coffers of the International Monetary Fund."
TokyoVP at 11:25 AM JST - 15th November
Aso explains to curious G20 how Japan managed financial meltdown:
"First, keep the same political party in power...nantonaku."