The above illustrates the financial crisis looming on Japan’s horizon. It was provided to Beacon Reports by ex-MOF economist Kazumasa Oguro who believes that Keynesian measures under ‘Abenomics’ will not prevent a financial crisis in Japan. His thoughts are summarized in the article titled, “Abenomics will only heighten the financial tsunami poised to hit Japan” published in the Nikkei Asian Review here.
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