The Japanese and U.S. Economies

                       

                                                   

We know about corporate growth of Hitachi and a few other giants, but the Japanese economy has been flat and practically dormant for

twenty odd years. This has been the case despite huge Japanese

government spending, In fact, Japan public debt is now over 200% of GDP.

                       

Unfortunately, their economy will not recover anytime 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 have done.  That is, spending and borrowing their way to prosperity that they have failed to achieve.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)