Friday, May 10, 2013

The Moral Equivalent of Space Aliens

With the double shock of the tsunami and being overtaken by China, Japan has found it's space alien invasion equivalent. In response, it is pursuing aggressive financial stimulation.  For more details and insights, see the Huffington/Abe interview.  Once again, Krugman's vindication is about to be played out by Japan.

If only the U.S. economy could get a similar shock.

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