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
Bill Mitchell: The poorest nations are increasingly beholden to the hedge funds
At the end of 2021, low- and middle-income economies owed 61% of their public and publicly guaranteed debt to private creditors — an increase of 15 percentage points from 2010 Read Here Photo: Jim.henderson via […]
Media
Sharon Kumar: The AI Power Play – How ChatGPT, Gemini, Claude, and Others Are Shaping the Future of Artificial Intelligence
The competition among top AI models is transforming how we work, create, and communicate. But as these systems grow smarter and more accessible, new questions emerge about cost, sustainability, and responsible development in a rapidly […]
Economics
Heiner Flassbeck – Germany: Speechlessness is not politics – reflections at the turn of the year
A good review of the current situation in Germany. Short and to the point. Read HERE
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