Sunday, September 8, 2013

Crisis, slowdown in emerging economies could hurt 'Abenomics' | The Japan Times

The Syrian crisis and sluggishness in emerging economies, major topics at the two-day Group of 20 summit that wrapped up Friday in St. Petersburg, Russia, are two issues Japan can’t afford to regard with indifference.

They could weigh on Japan’s economy, which has shown signs of emerging from nearly two decades of deflation on the back of Prime Minister Shinzo Abe’s economic policies dubbed “Abenomics,” centering on aggressive monetary easing and massive fiscal spending.

As the moment draws near for Abe’s final decision on whether to carry out the sales tax hike as scheduled next year, many observers want to see how he can fulfill his pledge to simultaneously bolster the economy and improve the government’s precarious fiscal health.

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Comment: Articles like this mean one of two things, they're signalling us that either more quantitative easing (digitally printing make-believe currency not worth the digital paper it's not printed on) is coming or they're prepping us for the big crash. My guess is it's the latter because once the Obama-Nation of  Desolation as spoken of by the profit Daniel lobs a few cruise missiles into Syria and starts WWIII, the flow of natural resources around the globe is going to grind down to a screeching halt and with it the global economy! So much for this year's Super Bowl...

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