Does, or did Japan have a FSA(free shit army) as large as ours is?
Japan has a largely homogenous population and smaller country. We don’t. The results will be different.
The preponderance of the J population towards manners, patience and sacrifice is HUGE —you saw this at Fukushima.
I love this country, but we not only lack this group-centric mentality, but the past 50 years has produced people who think the government must give them everything —even bus rides.
Just look at Katrina —THAT is more what is in store for us.
Economic growth in heavily indebted nations causes inflation which raises interest rates...
so heavily indebted nations don’t allow growth.
The surest way for them to prevent it is simply to increase their indebtedness.
Raise that debt ceiling boys! Whip Inflation Now!
What it means is that in order to keep interest rates low enough so governments can borrow forever ad infinitum...business climate needs to be sufficiently hostile so business won’t be so good it challenges government for money.
America is not Japan, when we attempt to prop up our economy through zero percent carry trade we will fail. We are a net importer, our citizens are deeper in debt individually than our government, and we have a constant inflow of illegal immigrants sucking down taxpayer benefits. Japan is locked down like Fort Knox, the people live off their savings and a continuous reduced standard of living, and they keep afloat through their export business. It is always encouraging to see the media prestitutes say “don’t worry” about 100% debt to GDP because Japan has 200% debt to GDP and we will be just like them. Of course Japan is going to go down in flames to, because no one beats an exponential curve and all ponzi schemes collapse when they can no longer grow.