The Japanese Economy

We know of of the corporate growth of Hitachi and Nissin Foods but the Japanese economy has been flat and practically dormant for the past twenty or so years. This has been the case despite huge Japanese government spending, In fact, Japan public debt is now over 200% of GDP.

Unfortunately, it does not appear their economy will recover anytime soon.

The problem for the U.S. is that the Obama administration has been on a path to “stimulate” the American economy, much the same way the Japanese did their's two decades ago. That is, spend and borrow their way to prosperity they have failed to achieve.