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http://www.newsweek.com/id/204874

rare day that newsweek has an article worth reading but I think we all know that the problems that japan has faced in it's "lost decade" are very similar to what the USA faces with the decline in trade. Oh, and happy 4th of july.
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If Krugman were a woman, she'd be a virtual communist instead of he.

Japan in the 1990s tried to spend its way ("stimulus") out of recession and failed miserably, and now the US--or rather the commies in power--are trying to do the same.


written by quantumushroom  | 5 months ago | CH
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