This sounds bad, but should be evaluated in terms of our demographics, low unemployment rate, attractiveness to foreign investment and rising household savings.
Another suggested that before Saudi women can get licences the public could be conditioned by allowing female foreign residents, including household servants, to drive.
ECONOMIST: With the king��s permission, the debate is hotting up
" Malpass is optimistic about growth: "The huge new pools of liquidity--in corporations, central banks, petrodollars, private equity, hedge funds, foreign savings and the U.S. household sector (the largest pool of liquidity by far)--will take time to use up.
" Malpass is optimistic about growth: "The huge new pools of liquidity--in corporations, central banks, petro-dollars, private equity, hedge funds, foreign savings and the U.S. household sector (the largest pool of liquidity by far)--will take time to use up.
The most fundamental is that within a few years existing and new issue government debt may absorb all private savings (corporate and household) in Japan, making foreign borrowing inevitable and creating a terrifying scenario of higher yields demanded by foreigners raising MOF interest costs while inflicting portfolio losses on JGB holders, and putting fiscal balance further (infinitely?) beyond reach, with (by then) predictably horrendous consequences.
FORBES: IMF Raises Alarms over Japan's Dangerous Fiscal Course
High-priced foreign cars are relatively common but the most popular household appliances are inexpensive domestic models.
About 70% of all household and business debt is denominated in foreign currencies, mainly Swiss francs, making the country hostage to a currency over which it has limited control.
Huge slugs of household savings were channeled by Asian, and foreign, bankers into crony property companies.
This strength reflects solid pre-September labor market conditions, profit growth, the strong aggregate household balance sheet, and all-cylinder foreign growth.
Reform, he argues, would channel more household money into private funds that can invest in foreign securities.
ECONOMIST: Glacial moves in the reform of the postal savings giant
While the net foreign debt of the U.S. is growing (the result of capital inflows), household net worth is growing faster, meaning foreigners are investing in the U.S. too slowly and conservatively to keep up with our growth.
Three years ago, former foreign minister Eduardo Faleiro was spectacularly thrown out of his bungalow when eviction staff marched in and dumped his household goods on the lawn.
应用推荐