ManusJustus on 15 September 2010
| Kynes said: I've never said that USA is in a better situation, their crisis are very different. Japan has had 20 years of deflation, and has a very big demographic problem. USA has it's own problems, but their crisis aren't comparable. What I've said is that for an export country as is Japan, a strong currency is one of the worst things that could happen to that economy. |
America's and Japan's economic problems are comparable, and you can look at the value of the dollar and the yen to see the results.
The comparison between the Japan and the United States is the fundamental topic of this thread, "Yen gains on Dollar." If you don't think that the USA is in a better situation, then I don't see what we are arguing about.
