All Posts Tagged With: "stagnation"

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Japan: A Morality Tale of Banks and Government Refusing to Deal With Debt?

This may puzzle some people. Wasn’t the Japanese economy roaring into a bubble in the late 1980s? Indeed it was – driven in part by the 300 basis point decline in interest rates that resulted from the soaring yen.

May 27th, 2009 | Nathan Lewis | 0 comments | Continued
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