David Leonhardt on the Ratf*^#: Understanding the U.S. Reponse to the Great Panic
links for 2010-06-09

This Is Neither an Offer to Sell nor a Solicitation of an Offer to Buy Japanese Government Securities; Such an Offer Can Be Made Only in the Prospectus...

I know that I have said that more than half of the job of a U.S. Treasury Secretary is that of being a bond salesman. But Tim Geithner has a long way to go before he reaches the level of the bond sales campaigns of the Japanese government:

Memory Monitor

Does this mean that Japan is still very, very far away from the limits of its debt capacity? Or very close to them?

Japan is a somewhat strange country in many ways...