Home › Forums › Financial Markets/Economics › Japan calls for less GDP, More Austerity
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CA renter.
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January 24, 2011 at 9:01 AM #18430January 27, 2011 at 12:29 PM #657783
briansd1
Guestgood comments patb.
I think that Japan’s problem is that the rural and backward elements of their society have too much sway over the votes. It’s the same problem we are facing.
But thankfully, our population is still relatively young and growing.
January 27, 2011 at 12:29 PM #657845briansd1
Guestgood comments patb.
I think that Japan’s problem is that the rural and backward elements of their society have too much sway over the votes. It’s the same problem we are facing.
But thankfully, our population is still relatively young and growing.
January 27, 2011 at 12:29 PM #658447briansd1
Guestgood comments patb.
I think that Japan’s problem is that the rural and backward elements of their society have too much sway over the votes. It’s the same problem we are facing.
But thankfully, our population is still relatively young and growing.
January 27, 2011 at 12:29 PM #658586briansd1
Guestgood comments patb.
I think that Japan’s problem is that the rural and backward elements of their society have too much sway over the votes. It’s the same problem we are facing.
But thankfully, our population is still relatively young and growing.
January 27, 2011 at 12:29 PM #658914briansd1
Guestgood comments patb.
I think that Japan’s problem is that the rural and backward elements of their society have too much sway over the votes. It’s the same problem we are facing.
But thankfully, our population is still relatively young and growing.
January 27, 2011 at 12:30 PM #658733briansd1
GuestJapan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/
January 27, 2011 at 12:30 PM #658795briansd1
GuestJapan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/
January 27, 2011 at 12:30 PM #659398briansd1
GuestJapan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/
January 27, 2011 at 12:30 PM #659536briansd1
GuestJapan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/
January 27, 2011 at 12:30 PM #659864briansd1
GuestJapan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/
January 27, 2011 at 10:27 PM #658923CA renter
Participant[quote=briansd1]Japan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/%5B/quote%5D
From the link:
When Japan’s economy collapsed in the late 1980s, the government chose not to write down bad loans or take the pain of massive restructurings. Instead it launched a massive borrowing program in the hope of stimulating the economy enough to outgrow its rough patch. Government debt grew from 66% of gross domestic product in 1989 to 226% in 2009 — by far the largest percentage of any industrialized nation. (The U.S. figure is 93%.) Despite the spending, Japan’s economy never strengthened, and the country fell into a cycle of increased deficit spending.
Certainly Japan’s woes are no secret. But perhaps paradoxically, because the country has stagnated for so long, many assumed the economy had bottomed out. Sure, a recovery may not be likely — but a collapse? Hard to imagine, or so one might think.
——————Sound familiar? This is what some of us have been warning about since the explosion of bailouts and guarantees…and the refusal to value assets (of all kinds) at their real values.
January 27, 2011 at 10:27 PM #658985CA renter
Participant[quote=briansd1]Japan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/%5B/quote%5D
From the link:
When Japan’s economy collapsed in the late 1980s, the government chose not to write down bad loans or take the pain of massive restructurings. Instead it launched a massive borrowing program in the hope of stimulating the economy enough to outgrow its rough patch. Government debt grew from 66% of gross domestic product in 1989 to 226% in 2009 — by far the largest percentage of any industrialized nation. (The U.S. figure is 93%.) Despite the spending, Japan’s economy never strengthened, and the country fell into a cycle of increased deficit spending.
Certainly Japan’s woes are no secret. But perhaps paradoxically, because the country has stagnated for so long, many assumed the economy had bottomed out. Sure, a recovery may not be likely — but a collapse? Hard to imagine, or so one might think.
——————Sound familiar? This is what some of us have been warning about since the explosion of bailouts and guarantees…and the refusal to value assets (of all kinds) at their real values.
January 27, 2011 at 10:27 PM #659588CA renter
Participant[quote=briansd1]Japan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/%5B/quote%5D
From the link:
When Japan’s economy collapsed in the late 1980s, the government chose not to write down bad loans or take the pain of massive restructurings. Instead it launched a massive borrowing program in the hope of stimulating the economy enough to outgrow its rough patch. Government debt grew from 66% of gross domestic product in 1989 to 226% in 2009 — by far the largest percentage of any industrialized nation. (The U.S. figure is 93%.) Despite the spending, Japan’s economy never strengthened, and the country fell into a cycle of increased deficit spending.
Certainly Japan’s woes are no secret. But perhaps paradoxically, because the country has stagnated for so long, many assumed the economy had bottomed out. Sure, a recovery may not be likely — but a collapse? Hard to imagine, or so one might think.
——————Sound familiar? This is what some of us have been warning about since the explosion of bailouts and guarantees…and the refusal to value assets (of all kinds) at their real values.
January 27, 2011 at 10:27 PM #659726CA renter
Participant[quote=briansd1]Japan downgrade: The beginning of the end?
http://finance.fortune.cnn.com/2011/01/27/japan-downgrade-the-beginning-of-the-end/%5B/quote%5D
From the link:
When Japan’s economy collapsed in the late 1980s, the government chose not to write down bad loans or take the pain of massive restructurings. Instead it launched a massive borrowing program in the hope of stimulating the economy enough to outgrow its rough patch. Government debt grew from 66% of gross domestic product in 1989 to 226% in 2009 — by far the largest percentage of any industrialized nation. (The U.S. figure is 93%.) Despite the spending, Japan’s economy never strengthened, and the country fell into a cycle of increased deficit spending.
Certainly Japan’s woes are no secret. But perhaps paradoxically, because the country has stagnated for so long, many assumed the economy had bottomed out. Sure, a recovery may not be likely — but a collapse? Hard to imagine, or so one might think.
——————Sound familiar? This is what some of us have been warning about since the explosion of bailouts and guarantees…and the refusal to value assets (of all kinds) at their real values.
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