In the financial world, often Japan running long-term public deficits is viewed as highly irresponsible while balancing the books is seen as responsible. In reality, this really all depends on the particular circumstances. We compare two extreme cases, Greece and Japan, and show that under certain circumstances, running large deficits is actually less irresponsible as […]
April 27th, 2015 · Comments Off on A Tale Of Two Debts: Japan Vs. Greece | Seeking Alpha
May 13th, 2013 · Comments Off on That disappearing deficit..
International Monetary Fund figures show the US budget deficit peaked at more than 13 per cent of gross domestic product in 2009. According to the latest estimates from Goldman Sachs, it was running at only 4.5 per cent of GDP in the first quarter of 2013. via That disappearing deficit…
Tags: Fiscal policy