europac.net/commentaries/abenomics_death_spiral najbolji dio je naravno ljubav nasa Krugman: Despite the bleak prospects for Japan, Abe continues to bask in the love of western economists and investors. In an October 6 interview with the The Daily Princetonian, Paul Krugman, who has emerged as Abes chief champion and apologist, responded to a question about the European economic crisis by saying Europe need something like Abenomics only Abenomics, I think, is falling short, so they need something really aggressive in Europe. A Bloomberg article ran on November 18 under the headline Abes $1 Trillion Gift to Stock Market Shields Recession Gloom. So according to Bloomberg, Abenomics is not responsible for the countrys fall back into recession, which hurts everyone, but it is responsible for the surging stock market, which primarily benefits the wealthy. One wonders how much more bad news must come out of the Japanese experiment in mega-stimulus before the Keynesians reassess their assumptions? Oh wait...Im sorry, for a second there I thought they were susceptible to logic. But those who are not blinded by left-wing dogma should take a good look at where the road of permanent stimulus ultimately leads.
Posted on: Sun, 23 Nov 2014 09:33:48 +0000
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