Japan's Economic Prospects in 2016 | Tokyo
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After a recent move to negative interest rates by the Bank of Japan, and some disappointing data on the fourth quarter of 2016, what's next for Japan's economy? Tamim Bayoumi, senior fellow at the Peterson Institute for International Economics, sits down with The Diplomat to discuss Japan's economic state and what's next for Abenomics.
Comments
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I wonder if this guy is a globalist.
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Data today just realesed says J exports are down 10% compared to the same month (April) last year. Japans economy has been struggling for almost 20 yrs. 20 yrs!! Are western economies having to except a world of weaker growth compared to what we were used to? The US, UK, Germany, France are all growing much slower than we were 10 yrs ago, we dont have the world economy to ourselves anymore its true but where is growth going to come from if our top economies cannot grow more than 2-2 1/2 % a year?
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Japan has largest debt per capita and it is going to bankrupt.