Masaaki Kanno of JPMorgan Securities thinks that a stimulus four times bigger, designed to raise productivity, is needed to counter the slump in demand.
Abdelnour, who declined to comment on the joint-venture talks, was tapped to run JPMorgan's Asia-Pacific business in July 2006, six months after the firm started discussions with Bohai Securities.
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摩根大通经济学家麦克尔·弗洛里则建议将房贷证券全部买进——而这又类似当初日本应对经济危机的手段。
Michael Feroli of JPMorgan Chase proposes outright purchases of mortgage backed securities—another faint echo of Japan.