The WSJ Didn't Hear About the Collapse of Japan's Bubbles

It is apparently hard to get information about Japan's economy at the Wall Street Journal. That is what readers must think after seeing an article about Japan's debt that say:


"after decades of undisciplined spending, government debts are more than twice the size of the nation's annual economic output."


Of course there were not decades "decades of undisciplined spending." In fact Japan was running large surpluses through the 80s and into the 90s. If the WSJ had access to IMF data (it's free f...

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Published on January 29, 2012 19:05
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