Official: Japan Dodged Global Financial Crash Because Of Bankers’ Poor English
This article was written on June 29, 2913
Aso said bankers did not speak English well enough to understand the complex financial instruments that undid other major global players.
Japan can thank a poor grasp of English among the country’s bankers for the country’s weathering the 2008 global credit crisis virtually unscathed, according to Finance Minister Taro Aso.
Aso said senior Japanese bankers d