Jesper Koll
Jesper Koll
bad health huge interests postal reform
Health-care reform is a huge issue. It's also a huge battle. There are big vested interests that are just as bad as contractors and postal lobbyists.
consumer credible engine growth japanese job security spending virtuous wages
Consumer spending has become a credible engine of growth for the Japanese economy. Wages and incomes are increasing, job security is improving. It's a virtuous circle.
godzilla issue office post turn
The big issue out there is who's going to take on Godzilla bank, i.e. the Post Office. It can turn into a problem.
banks credit economy employment growth likely normal
The banks are back, ... A normal economy where you've got not just growth in employment and wages, but also growth in credit is likely to become more pronounced.
areas elections focus since urban won
It's now in the urban areas where elections are won or lost. Since Koizumi, it's been a focus on the urban areas.
bank deflation disappear fighter japan true urgency
The urgency to appoint a true deflation fighter at the Bank of Japan is not going to disappear with this report.
creditor largest rates starts
All liquidity starts in Japan, the world's largest creditor country. When rates go up here, rates go up everywhere.
capital components likely public spending whether
All the components of demand, whether consumption, capital spending or public spending, all of them are likely to be negative. You are in a recession.
consumer financial isolated japanese market
The Japanese consumer is very isolated from financial market dynamics.