Tom Keene Talks to William Rhodes About Japan and China

Tom talks with William Rhodes, CEO of William R. Rhodes Global Advisors and former Citigroup senior vice chairman, about Japan and China

Is Abenomics going to work? [Abenomics refers to the policy of Japanese Prime Minister Shinzo Abe to weaken the yen and promote inflation.]
Abe has a good guy in there, his new central bank head, [Haruhiko] Kuroda. But fiscal and monetary stimulus aren’t enough. They’ve had 14 of those plans in the last 15 years. They need deregulation and structural reforms.

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