by Dirk Ehnts, Econoblog101
The amazing fiscal data of 40 years of Japanese history has been put on one very readable graph. The peak of the Japanese bubble in 1991 is starkly evident and the growing build of deficit financing since then looks quite orderly, except for a sharp break during the Great Financial Crisis. This is a flight pattern for the John Mauldin “bug”.
- Just one graph: how Japan stabbilizes ita economy (Dirk Ehnts, econoblog 101, 12 July 2014)