August 14, 2013
Japanese Debt: Tokyo's Time Bomb
Jay Zawatsky, The National Interest
The economy is rebounding. The housing crisis is easing. And there’s no plausible reason to worry about inflation, since the Federal Reserve will soon begin retreating from its quantitative-easing program.
This view is widespread, attractive, and wrong.
TAGGED: Japan, Abenomics, Shinzo Abe, Inflation