Интересности на 15 Марта
Спонсор месяца - Упоминатор.Ру
1. Most interesting to me this morning are the financial implications of all these things and let's start with Japan. Monumental doesn't seem to describe the unholy mess there, just the sheer awfulness of all that mud, twisted steel, radioactive trash, and decomposing human bodies scattered amongst and within it. The cost of it seems beyond calculation, but the first questions might be how does a deeply-in-debt Japan raise some cash to begin digging out and (possibly) rebuilding (and I add that qualification because I don't know that a lot of this lost stuff will be rebuilt at all). But it will be cleaned up and sorted out. The obvious answer to the funding question is that Japan sells foreign bonds, namely US and European.
That will not be a good thing for Euro-America. Japan was the quiet benefactor last time the European sick countries had to roll over their debt payments, and nobody wanted to buy their paper. Japan went in and hosed up their debt, allowing them to enjoy one last Christmas of seeming political normality. Now it's rollover time again in the Euro-Zone and not only will kindly Uncle Japan not be present for the bond sales, they will be selling off the stuff they already hold, and it is hard to see how the European banks digest that ugly bolus of reality.
Similarly, in the US. Japan has accumulated about 800-billion in US debt paper. They have more-than-generously propped up our operations here for years by buying the stuff. Now they would ...читать дальше
2. 141. Why does leverage in an economy generate (or exacerbate) fat tails? A purified proof
3. Русский рок в лицах: группа "Центр". Часть III
4. Девелопнувший бизнес
5. Михаил Хазин. Экономика катастроф 14.03.2011
6. Купить iPad 2 в Америке (*)
7. Хотите узнать что для вас подготовило будущее? Окунитесь в мир Таро и раскладов на картах Таро.
8. домены .RU по смешным ценам!
9. Доска объявлений - продажа рыбы
оптом
Спонсор месяца - Упоминатор.Ру
1. Most interesting to me this morning are the financial implications of all these things and let's start with Japan. Monumental doesn't seem to describe the unholy mess there, just the sheer awfulness of all that mud, twisted steel, radioactive trash, and decomposing human bodies scattered amongst and within it. The cost of it seems beyond calculation, but the first questions might be how does a deeply-in-debt Japan raise some cash to begin digging out and (possibly) rebuilding (and I add that qualification because I don't know that a lot of this lost stuff will be rebuilt at all). But it will be cleaned up and sorted out. The obvious answer to the funding question is that Japan sells foreign bonds, namely US and European.
That will not be a good thing for Euro-America. Japan was the quiet benefactor last time the European sick countries had to roll over their debt payments, and nobody wanted to buy their paper. Japan went in and hosed up their debt, allowing them to enjoy one last Christmas of seeming political normality. Now it's rollover time again in the Euro-Zone and not only will kindly Uncle Japan not be present for the bond sales, they will be selling off the stuff they already hold, and it is hard to see how the European banks digest that ugly bolus of reality.
Similarly, in the US. Japan has accumulated about 800-billion in US debt paper. They have more-than-generously propped up our operations here for years by buying the stuff. Now they would ...читать дальше
2. 141. Why does leverage in an economy generate (or exacerbate) fat tails? A purified proof
3. Русский рок в лицах: группа "Центр". Часть III
4. Девелопнувший бизнес
5. Михаил Хазин. Экономика катастроф 14.03.2011
6. Купить iPad 2 в Америке (*)
7. Хотите узнать что для вас подготовило будущее? Окунитесь в мир Таро и раскладов на картах Таро.
8. домены .RU по смешным ценам!
9. Доска объявлений - продажа рыбы
оптом
Спонсор месяца - Упоминатор.Ру
0 Comments:
Post a Comment
<< Home