Japan is great, because they realized that if you stop giving a fuck about public debt you can make a great country happen.
Who could have thought that with investment rather than letting everything crumble things would get better?
Meanwhile here everyone is close to tears if you propose anything for the public, because that might lead to lowering the tax break for some huge multi national that then would not get the well-deserved pay-off for their lobbying work.
And to be fair who wants to live under a regime that is the worst kind of communism, treating people who want need pee, but don't pay with respect, like Japan? (sarcasm)
> Japan is great, because they realized that if you stop giving a fuck about public debt you can make a great country happen.
I don’t know if that’s a key contributor but with those economic policies you also it seems wind up with low economic growth and in a time when you might end to raise interest rates doing so is catastrophic - leaves little room for flexibility.