Kasz216 on 05 February 2012
| Joelcool7 said: The American government purposely savotauged Japan. They convinced Japan to inflate the yen. They spent years inflating the yen. But then Americas economy started taking a hit now the yen is way way to strong. The yen continues to be out of control. Now the US is in trouble financially and the Government is taking protectionist actions. Example Obama said he will give American corporations tax breaks and help to employ Americans. He said he will do everything possible to give American products an edge. |
Umm....
So... the econmic disaster happened in 2005.... from 2000 to 2004 the Yen actually DEFLATED.
So... um... your just wrong on a conceptual basis to begin with.
Additionally, Japan has been a very unhealthy economy for ages, long before 2005.
Because of it's rampant deflation.
http://www.economist.com/node/18119075
