Japan Rolls The Dice: A Report From Tokyo

On the global consequences of a large economy refusing to reform itself.

By Kenneth Courtis, November 1, 2014 | http://www.theglobalist.com/japan-rolls-the-dice-a-report-from-tokyo/

Takeaways

• In a global context, can there be any clearer warning to France, Italy, and others than what is happening in Japan.
• Japan's next phase of quantitative easing will be, relative to its GDP, four times larger than what the Fed did at its peak.
• Japan faces a vast failure of economic and political leadership – and an economic failure of historic proportions.