Today, I’m updating our story regarding the evolution of things in Japan. This is a story I’ve followed for a long time. My overall impression is that things have reached a kind of stalemate or stagnation, in part because the Bank of Japan’s money-creation efforts have, in a sense, made fiscal policy somewhat irrelevant. So, it is all coming down to the money, which is the main focus for this update.
Click on the link below for a .pdf file.
September 21, 2014: Japan 2014: Abenomics and the Assets of Banks
December 1, 2013: Japan 2013: The Endless Rise of Payroll Taxes
May 6, 2012: Japan 2012
November 7, 2010: Japan 2010: Can’t Get Out of Their Rut
September 26, 2010: Question About Japan
November 1, 2009: Japan’s New Government
May 26, 2009: The Japan Baloney
May 24, 2008: Japan: Silly Self-Destructive Behavior
May 18, 2008: Japan: Tax Hikes are No Fun
May 11, 2008: Japan: Now What Are We Going To Do?
April 21, 2008: Japan — WTF is Going On Here?!?
April 13, 2008: This Is So Not Like Japan