economy

  • Why are Japanese interest rates so low?
    August 26th, 2009By drifter
    Recently, during a lesson of mine, a Japanese student proudly informed the class that she has found a long-term savings plan at her bank that gave her over 1% interest! She was so happy at her apparent cleverness in beating the usually ridiculously low rates (typically somewhere in the neighborhood of about 0.5%). » Continue Reading
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  • Stimulus Checks for Japan’s Troubled Economy
    May 8th, 2009By Jamie Rockers
    Recently, we’ve been overwhelmed with news about the bad condition of economies all over the world. “Because of the economy”, has become an answer (or excuse) for everything. New words have even been created, like “recessionista“, which means someone who lives frugally as possible in a recession. Most countries, however, » Continue Reading
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  • Tightening the Belts in Kansai
    March 2nd, 2009By Jamie Rockers
    photo credit: OiMax Recently, a real VP of Finance of a big, international company in Kansai told me that things are pretty serious right now for Japan’s economy, especially in the Kansai area. His company, Company X we will call it, was consistently bringing in a profit of 16 million dollars » Continue Reading
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