Sunday, January 29, 2012

What Went Wrong With Japan’s Economy (Part One of Three)


Read it at Bill Totten's Weblog
by Bill Totten
(h/t Clonal via email)

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2 comments:

Anonymous said...

Let me see. Could it be that debt to GDP of 225%-250% is not sustainable? How about the demographics have flipped in the 20+ years of printing? How about they may not continue to run trade surpluses? How about they have multiple core meltdowns at a certain plant along the coast of Japan with the govt. covering up the true debacle that it is?

I could go on, but you get the picture. Things change.

January 30, 2012 7:54 AM
Mario said...

Tom

check out this little article that a friend sent to me whom I share MMT ideas with.

http://www.offthechartsblog.org/new-gdp-numbers-show-historic-drop-in-state-and-local-spending/

In the header he said, "just as you were saying"

I think this speaks for itself and this guy explains it step-by-step as to how aggregate demand and government spending works. Perhaps post it up?

January 30, 2012 2:45 PM

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