By Robert Cyran
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
from Photographers' Blog:
By Issei Kato
“I have to arrive at the beach before it starts raining.” This is what I was thinking as I drove up to the Fukushima coast, less than 35 km (21 miles) from the crippled nuclear plant. Because the weather forecast said it was going to rain in the region, I had packed a waterproof kit for my camera and beach gear so I could be ready to photograph the beach.
Based on the latest U.S. Treasury flows data, it may be time to ditch the textbook theory that says less monetary stimulus means a stronger currency - at least for now.
The age of the quadrillion is finally here.
After years of being stuck in millions, billions, trillions and other terms that usually come up short of twelve zeros, Japan has broken out, with its debt crossing the magical 15 zero barrier.