Reason.tv draws some frightening parallels between the Japanese economic meltdown that began about 1989 and our own late economic problems. See their brief (3;37) video here. This is a complex story and no worthy economist would predict an identical response to three variables operating in two quite different national environments. At the same time, ignoring the similarities could put us at great risk.
Source: Instapundit
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment