Discussing Japanese public finances is extremely difficult. It is not much different from the arguments 600 years ago about whether the world is flat. Critics claimed that eventually the ship will fall off the world into the void. Bust after 30 years Japan is still sailing the earthly seas.
Economics
Chris Dillow: INEQUALITY, INVESTMENT & TRICKLE DOWN
There are two economic theories that have been thoroughly discredited, but are still ubiquitous in mainstream media: austerity enables economic growth and giving the rich still more money results in a trickle-down effect creating a […]
Geopolitics
BBC: Ukraine war: Soldier tells BBC of front-line ‘hell’
This is exemplary for how the war is being conducted by Ukraine in search of propaganda victories to obtain more ammunition and weapons ro enable more slaughter. Maybe it is time to end this war. […]
Uncategorized
Bill Mitchell: What matters about the Paradise Papers
This is another lengthy piece by Bill Mitchell, but well worth taking the time to read. As he writes: “the problem of tax avoidance and evasion is not fiscal. Progressives get stuck on that point. […]
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