Is Japan Trying

This question may seem a strange one, but appears to be worth asking since one US economist after another has been suggesting that, one way or another, the Japanese are simply not trying to find a way of getting out of their mess. First Cecchetti got the ball rolling with the following in the Financial Times:

"What about the zero nominal interest-rate floor, the point at which

Japanese Unemployment Continues to Rise

Japan's industrial production fell last month and families cut their spending after unemployment rose to a record high, adding strength to the growing view that Japan's economic recovery may be running out of steam. Of course much of the future for unemployment now depends on what really happens in the wake of the NPL debate.

Production unexpectedly fell

Japan: What is The Economist Missing

According to the Economist it WAS just possible to find a nugget of good news about Japan�s economy on November 19th. However rose-tinted glasses, they suggest, were needed to spot it. On a day which saw another round of declines in the share prices of Japan�s biggest bank the Organisation for Economic Co-operation and Development (OECD) changed its mind

Japan Banks Claim to Tackle Non-Performing Loans

According to the Financial Times there are signs the pressure being put on Japan's banks to deal with their bad loans is starting to bear fruit in the fact that the country's largest lenders used the publication of their first half results to simultaneously announce more aggressive action to tackle the problem. my feeling is it would be better to