I am doing some research on stock options at the moment as part of my Masters thesis. Specifically, on the performance of options on the Nikkei 225 index. Rather than being options to buy or sell a particular share, these options are to buy or sell the “basket” of 225 shares represented by the Nikkei [...]
Tue, July 6 2010 » Economics, Japan » 2 Comments
Recently I gained a somewhat more accurate understanding of the monetary system. Thus I became instantly terrified that the Eurozone, without a spender of last resort, was going to strangle itself trying to force fiscal austerity on a set of economies some of which are mired in the most brutal of balance sheet recessions. While [...]
Tue, February 23 2010 » Economics, Japan » 4 Comments
I found an old atlas from 1982 that I used to look at all the time when I was young (though it was old even then). It has some bits and pieces on world economics and I found this bit on oil production and consumption to be pretty interesting: Japan’s dependence on oil is pretty [...]
Thu, February 4 2010 » Economics, Japan » No Comments
I think there is a strong possibility that there will be a run on the Euro. I am moving to liquidate my Euro denominated savings tomorrow morning to purchase Yen. The current system is unworkable. Even if it survives I think it’s going to take a huge hammering on the exchange market relative to the [...]
Fri, January 29 2010 » Economics » No Comments
I was pointed to a recent article by Paul Krugman and asked for my thoughts on it, so I wrote this rant: He has it all backwards. China’s irrational currency policy is effectively a subsidy for the rest of the world’s standard of living. We require less of our currency than it “should” require to [...]
Mon, January 4 2010 » Economics, The Fires of Industry » No Comments