Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters"
October 28, 2013 0

Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters"

By News Desk

Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters" Michael Pettis, at China Financial Markets , discusses Abenomics, Japan’s shrinking (for now) current account surplus, debt, and interest rates in an interesting email. From Pettis … Abenomics in Japan is likely to put upward pressure on the national savings rate in Japan (but not necessarily on the household savings rate).

Nearby (and especially distant) mountains don’t prevent sea level rise/saltwater intrusion problems
October 27, 2013 0

Nearby (and especially distant) mountains don’t prevent sea level rise/saltwater intrusion problems

By News Desk

Tweet Per Eli’s post below , Judith Curry’s put up a silly guest post by Rud Istvan saying that climate change poses no water supply problems to Caribbean islands. There are too many fish to shoot as Istvan gishgallops them in the barrel, so let’s talk first about where he’s right:  if nobody lived on these islands, then there’d be no water supply problems on those islands for those people who don’t live there.