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A Tale Of Two Debts: Japan Vs. Greece | Seeking Alpha

April 27th, 2015 · No Comments

  • 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 excessive austerity.

A Tale Of Two Debts: Japan Vs. Greece | Seeking Alpha

Tags: Public sector deficits and debts