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Author Topic: Japan and 'Abenomics'  (Read 1772 times)
Guardian
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« on: May 31, 2013, 03:23:35 PM »

It seems that like many other industrialized nations, the Japanese government has attempted to mitigate the effects of the economic recession of 2008 through economic manipulation. These policies, nicknamed 'Abenomics' after the Prime Minister, "...involve raising public spending and easing monetary policy by an unprecedented extent to stimulate demand and investment, along with reforms aimed at making Japanese business more competitive."

While everyone here will probably agree that these policies will ultimately fail, how long do you think it will keep Japan afloat? When will their economy bust? Will this bubble cause Japan to experience an even worse economic disaster than if they hadn't used artificial stimulation?

News about Abenomics:
1) The Economic Times
2) The San Francisco Chronicle
3) The Telegraph

Al-Jazeera
<a href="http://www.youtube.com/watch?v=KBUngqBWZ10" target="_blank">http://www.youtube.com/watch?v=KBUngqBWZ10</a>
The Economist
<a href="http://www.youtube.com/watch?v=4KGie-Nk-jk" target="_blank">http://www.youtube.com/watch?v=4KGie-Nk-jk</a>
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