Akvod,
The US has a similar debt-to-GDP ratio as Japan had in the 1990s at the beginning of the lost decade, the economic downturn in Japan is heavily related to what has happened in the US, and even though the Japaneese government pushed their debt to GDP ratio to 200% with stimulus spending the recovery predicted by Keynesian economists never occurred. Today, many of the same people who were warning about the Greece crisis before it happened are warning that Japan is a likely candidate for the next major crisis; and I don’t think anyone can doubt the productivity of Japan.
Being that Japan’s position in the 1990s is so similar to the US’s position today, what makes you think that the same actions that failed in Japan will work in the United States?
