EEUU CounterPunch (official) Abenomics is largely a bunko-scam - TopicsExpress



          

EEUU CounterPunch (official) Abenomics is largely a bunko-scam wrapped in public relations gibberish. It has no chance of producing a strong, sustainable economic recovery. The real aim of the policy is to temporarily juice GDP with a sizable blast of fiscal stimulus ($100 billion) so the Bank of Japan can stealthily transfer more money to its chiseling investor friends via its bond buying program called QE. In other words, the program works the same way it does in the US, the only difference is the scale of the operation and a number of anti-worker provisions touted as “critical reforms”. Sound familiar?
Posted on: Mon, 30 Sep 2013 16:54:03 +0000

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