Editor-in-Chief of MoneyWeek and expert in consumer finance and personal finance, Merryn Somerset Webb‘s article in the latest The Spectator on Prime Minister Abe is an enjoyable read. In ‘In praise of Abenomics’, she discusses how Japan’s new Prime Minister, Shinzo Abe “is the catalyst for a resurgent stock market”, appearing to validate her 2007 prediction that “Japan will turn out to be one of the best investments UK-based investors can make.”
Merryn highlights the third of Mr Abe’s ‘three arrow’ strategy for change, a programme of Western style quantitative easing (QE) as the most effective. Merryn believes Mr Abe will boost Japan’s economy and investment potential, saying of the country: “It has momentum, it it has value and it has QE. What more could you possible want from a crisis-era investment?”
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