Is Deflation Caused by Tax Hikes?
Japan’s tax hike, just as in 1997, again sunk the economy, at least temporarily. However, some argue that it’s also responsible for the Japanese deflation, which is a rather odd […]
Monetary lessons from Japan
The US can avoid some of the Japanese mistakes..
Global liquidity seems to be falling
So much for too much money chasing too few goods…
Deflation!
Welcome to Japan…
Deflation
Even the profits depend on a form of it, called wage deflation…
Japanese public debt is approaching 200% of GDP
Compared to that, American’s public debt is just one quarter as big. So Japan should be doomed, right? And all that money creation that accompanies it should have long ago […]
Deflation instead of inflation..
And potentially much more nasty…
Just as you thought you could relax a bit, there he is again..
Dr. Doom, aka Noriel Roubini. Unfortunately, he speaks with some authority, as he predicted all this mess years ago. He’s become a bit too gloomy, we think. Lessons from the […]