Soros warning

The Soros of the title, it is of course that of Mr. George Soros.

Soros that there is somehow hated image (for pulled the trigger of the Asian currency crisis?), But eyes to see the essential part of the macro economy has amazing thing. After all, in order to maintain the ERM membership in 1992, it is keeping an eye on the British government is maintaining a pound to a high value, is carried out selling from a large amount of pounds, it is about pulled the trigger of the so-called pound crisis.

"Soros: the fiscal stimulus needed in the United States, not the spending cuts
http://www.bloomberg.co.jp/apps/news?pid=jp09_newsarchive&sid=aTXlAHDkAvmA
Wealthy Mr. George Soros, the US economy and are in need of economic stimulus measures of one-stage, showed the view that should not join the US government to the global effort of deficit reduction.
He is speaking in the forum at the International Monetary Fund (IMF) annual meeting, spending cuts in the current economic environment is "wrong consensus" Datoshi, financial markets the world economy of what is a pattern that was to restore the function It shows a view that has not yet reached the equilibrium point. US government spending suppression it has pointed out that also interfere with the recovery.
He, as US policy is "there is a risk to stagnation longer than necessary in the world economy", "the US has been forced to quantitative easing, the emphasis on one stage of the economic stimulus of the fiscal balance in the political debate thinking of Republican opposition to the I told because I won basically ". (Koryaku) "

Soros, is ahead of the midterm elections, has warned the United States it is while off the rudder in fiscal spending reduction in the pressure of the Republican Party.

[Financial liabilities transition of American households (Unit: one billion US dollars) in 2003 - 2010 Q2]
http://members3.jcom.home.ne.jp/takaaki.mitsuhashi/data_31.html#USKakei

Looking at the changes in the financial liabilities of American households, as usual mortgage balance is reduced by the foreclosure increase, it has continued to overall slight decline. In other words, the United States after the Lehman shock, basically is why has not changed trend of decreased debt.

After all, personal consumption of American households will exceed 70 percent of GDP. It is not to say that the '07 level, but at least "steadily" as long as the American household is not an aspect of increasing the debt, you will should not loosen the hand of fiscal stimulus.

Anyway, the Obama administration is labored, and even to expand the fiscal stimulus, is that they are under difficult shaken environment to improve the unemployment rate.
Voice11-tsuki-gode that has been published by PHP, Hidaka Yoshiki Mr. had quoted the words of the United States of the US Chamber of Commerce Tom Donahue president. National and the Chamber of Commerce and Industry, is an American small business five million companies the bundled organizations.

"To restore the American economy is no choice but to increase exports. Although it is very difficult to increase American exports to the time that is bad economy in the world, President Obama also workaround is gone as well. (Voice11-tsuki-go P151) "

In order to improve the unemployment rate, the United States is expanding the quantitative easing, it is trying to Tayoro to export. Just it is just like Japan Koizumi administration (previous year), but there are decisively different thing from Japan at the time. It Koizumi to administration period developed countries also aside emerging economies also bubble, while demand had been expanding, is that currently is in the exact opposite situation.

When Obama and the United States was trying to achieve the goal of doubling exports,
"Who buy hell?"
It is not not be able to wipe the question.
After all, more than global imbalance began to shrink, strategy should be taken in Japan is clear. In other words, it is the expansion of domestic demand.

By government spending expanded to stimulate private demand for funds, we increase the imports rather than exports. And to outgrow deflation, it is possible to regain a healthy nominal GDP growth rate, not only can contribute to the world economy, you can correct the excessive appreciation of the yen. (although, not only in Japan, but I must have my the same thing in Germany and China)