<\/p>\n
Here’s a textbook case out of Japan of how not to maintain your credibility to global investors.<\/p>\n
First, you prevent your ill finance minister from resigning, even though he’s obviously not up for the job. Then when you do let him resign, as Prime Minister Hatoyama eventually did, you embarrass his replacement.<\/p>\n
Earlier this week, the new finance minister Naoto Kan made waves <\/a>when he appeared to embrace a weak-Yen, Bernanke-ist approach to recovery.<\/p>\n But Hatoyama instantly slapped him down<\/a>, scolding him for the comments.<\/p>\n So now investors have no clue where Japan stands. They just know that the country doesn’t have any kind of finance minister with any standing.<\/p>\n Not very well done.<\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Here’s a textbook case out of Japan of how not to maintain your credibility to global investors. First, you prevent your ill finance minister from resigning, even though he’s obviously not up for the job. Then when you do let him resign, as Prime Minister Hatoyama eventually did, you embarrass his replacement. Earlier this week, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-162286","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/162286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=162286"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/162286\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=162286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=162286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=162286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
<\/p>\n","protected":false},"excerpt":{"rendered":"