Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters"
October 28, 2013Spread the love
Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters" Michael Pettis, at China Financial Markets , discusses Abenomics, Japan’s shrinking (for now) current account surplus, debt, and interest rates in an interesting email. From Pettis … Abenomics in Japan is likely to put upward pressure on the national savings rate in Japan (but not necessarily on the household savings rate).
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Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters"
