We
know of the corporate growth of Hitachi and Nissin Foods but the
Japanese economy has been flat and practically dormant for over
twenty-odd years. This has been the case despite huge Japanese
government spending, In fact, Japan public debt is now over well 200% of GDP.
Unfortunately,
it does not appear their economy will recover soon.The problem
for the U.S. is that the administration has been on a path to
“stimulate” the American economy, much the same way the
Japanese
did their’s. That is, spend and borrow their way to
prosperity they have failed to achieve. (See the Earl J. Weinreb
NewsHole® comments and @BusinesNewshole at Twitter.)
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