Wednesday, August 03, 2016

Try, Try, Try Again! Japan Set For 
26th Fiscal Stimulus Plan Since 1990
Bloomberg article emphasizes how the stimulus is still not working in Japan .. "The nation has had extra budgets every year since at least 1993, and even with that extra spending, it has still had six recessions, an entrenched period of deflation, soaring debt and a rapidly aging population that has left the world’s third-largest economy still struggling to get off the floor. While some analysts say the latest round of spending may buy the economy time, few are convinced it will be enough to dramatically change the course."
LINK HERE to the article

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