Foreign Press Center Japan
http://fpcj.jp/
On January 18, 2011, FPCJ invited Mr. Richard Koo, Chief Economist of the Nomura Research Institute, Ltd., to share his views on the current state of the Japanese economy.
more information:
http://fpcj.jp/modules/news3/index.php?page=article&storyid=270&story...
I understand Koos logic , but Id like him to talk about how the governments debt will get paid? There is now serious discussion of a Japanese default and yet no discussion of this situation, except some fear in his speech that spending may have to continue. National default is not what I would called recovery of choice.
sterlingtpa 11 months ago
That was really insightful, I'm not Japanese but I do hope that Japans economy recovers to the point where it is growing as fast as China.
quakex29 1 year ago
Japan needs to solve low birth rates. thats the biggest cause of recession and might turn it into an economy unable to ever grow ever again... if it can solve low birth rates, then its on track =]
n0m12 1 year ago