Abenomics Crucified With Lowest GDP Since Abe, Worst Current Account Deficit On Record | Zero Hedge - Galt's Gulch

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Abenomics Crucified With Lowest GDP Since Abe, Worst Current Account Deficit On Record | Zero Hedge

Posted by straightlinelogic 11 years, 12 months ago to Economics

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Another house of cards in Asia--Japan.

SOURCE URL: http://www.zerohedge.com/news/2014-03-09/abenomics-crucified-lowest-gdp-abe-worst-current-account-deficit-record

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Posted by Lucky 11 years, 12 months ago

Yes, this adds to your prev post.
Even this clever and industrious nation has not yet recognized the fallacy that more and more government spending will solve economic stagnation.

"There is not an economy anywhere whose long-term prospects can be said to have been improved as a result of the Keynesian policies that were applied in the aftermath of the GFC scuttles. "
http://quadrant.org.au/magazine/2014/03/...

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Posted by richrobinson 11 years, 12 months ago

The markets have been resilient thru all of the bad news so far. At some point it has to sink in.

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