27 Sep '13, 8am

via @BloombergView

Good morning. Here's my take on some of the stories driving the debate in politics, finance and social issues across Asia today: Will Japanese debt crisis beat out Tokyo Olympics? As Japan touts the economic benefits of staging the 2020 Olympics, some well-known investors are adding up the potential risks. Count Takeshi Fujimaki firmly among those fearing a full-blown debt crisis around the time the world's athletes are arriving in Tokyo, or even sooner. "This total debt will continue to increase," the former George Soros advisor, now a member of Japan’s parliament, told Bloomberg News. "I don’t think Japan can survive until 2020.” At the moment, Japan's debt to gross domestic product ratio is approaching 250 percent. By 2020 it will take on far more Olympian proportions. In India, Rajan moves the goalposts Three weeks into his stint as Reserve Bank of India governor, Ragh...

Full article: http://www.bloomberg.com/news/2013-09-27/pesek-on-asia-si...

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