Japanese lawmaker seeks world rescue fund using vast reserves
A LiberaL Democratic Party group led by Tamura proposes Japan inject cash into troubled U S and European banks in exchange for equity and buy distressed assets at fire sale prices. They argue Japan can save the world while boosting returns, though public support and PM Aso show caution.
MENTIONED IN THIS ARTICLE
Tamura
Liberal Democratic Party
Taro Aso
Japan
U.S
Aso
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