Financial Times (August 29)
2011/ 08/ 31 by jd in Global News
How long will Japan’s new Prime Minister Yoshihiko Noda, the sixth in 5 years, last? “To do better, Japan badly needs political stability,” and yet “Japan’s recent crop of leaders has underwhelmed.” Thankfully, the bureaucracy does a competent job of managing the country, but Japan remains “strategically adrift. The big questions of how it rebuilds after the tsunami, how it manages its debt, how it eradicates deflation and how it deals with China have been postponed or fudged.”
Tags: China, Deflation, Japan, Noda, Prime minister, Tsunami