Tag Archive: GPIF GOVERNMENT PENSION INVESTMENT FUND

Month End : Losing Patience With Abe and Hello Kitty

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Read this. “Japan’s debt burden is extraordinary. Total debt to GDP tops 500%. Government expenditure is 20x government revenues. Interest on government debt is 25% of government revenue.” http://www.forbes.com/sites/jamesgruber/2014/04/27/japan-deflation-to-end/ It is not that… Continue reading

Ad Hoc Commentary – as China stops buying accumulating USD reserves, USD will first strengthen before declining

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“It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday.”… Continue reading