EKIP– Expert Club for Economics and Politics A Different Opinion
Financially, Japan is fast becoming a Keynesian dystopia. Its entire economy is now hostage to a fiscal time bomb. Namely: a national debt that already exceeds 240% of GDP, and which is growing rapidly because even the recent painful increase in the sales tax from 5% to 8% is not even …
More »How Japan squandered its savings surplus: what a Keynesian dystopia looks like
