Sunday, July 3, 2016

The Poor Japanese Economy

           
We are aware of the corporate growth of such as Hitachi and Nissin, but the Japanese economy has been  practically flat for over twenty odd years. This has been  despite huge Japanese government spending,  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,, spending and borrowing the assumed way to prosperity. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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