Wednesday, January 6, 2016

Japan’s Economy

                   
The Japanese Nikkei Stock Average is about one quarter of its value at the end of 1989. The Japanese economy has been flat and practically dormant for well over the past twenty years. This, de despite huge Japanese government spending. Japanese public debt is now over 200% of GDP. The devastating past earthquake/atomic plant disaster has added to its woes.
                       
The U.S. has been on a wild tear to “stimulate” the American
economy, much the same way the Japanese attempted two decades ago, to spend their way to prosperity. Which they have failed to do. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)


No comments:

Post a Comment