[rmlew]

As we enter a century where the balance of economic power increasingly has shifts to Asia, it is important to study the political-economies of the nations there.
Considering the decline in the Dollar and mounting private and public debt, perhaps we should revise some of our assumptions.

[Question_Assumptions]

Contrary to popular opinion, Japan has been doing very well lately, despite the interests that wish to depict her as an economic mess.

This is not what I've been hearing. I'm pinging some Japanese (and Japan-knowledgable) Freepers for input...

[steve-b]

What little I could follow of this screed reeks of classic conspiracy-theory gibberish -- an exposition of a byzantine theory intercut with assertions that the evidence has all been suppressed or altered by an overarching cabal.

[WOSG]

Sorry. Ignorant babble alert needed.

Japan followed the low-tax non-welfare-state road to success in the 1960s and 1970s... then in the 1990s they tried Keynesianism to cure a bust. It failed. Hence, malaise.

Conclusions: Low taxes work; keynesianism doesnt.

[Straight Vermonter]

'nuff said.