It's painfully clear that the longer Japan waits to address its fiscal deficit, the fewer plausible scenarios there will be to bring the debt-to-GDP ratio down -- ever.

The deficit is going up exponentially ... This is a clear editorial on the fiscal policies of this administration, ... I have said before that it was a disaster. I think the numbers today demonstrate why I believe that.

Company and economic performance in Japan is still disappointing and bank lending over there is retracting. This is a swell of money into the yen, but at this point I think it's a very speculative swell.

Company and economic performance in Japan is still disappointing and bank lending over there is retracting, ... This is a swell of money into the yen, but at this point I think it's a very speculative swell.

The government is quite rationally focusing on the issues that will deliver the most domestic bang for its yuan...That puts the US Congress and its demand for yuan reforms in the back seat.

Of course we have to address the deficit if we win.