Wednesday, March 11, 2009

Possible inflection point?

Bloomberg has a report headlined Japan’s Funding Crunch Deepening with the key item being that "The funding crunch for Japanese businesses is intensifying as foreign-currency financing dries up, forcing larger firms to turn to the nation’s state policy bank for emergency loans, the head of the lender said...JBIC, which provides funds to help bolster Japanese companies’ international

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