Off The Cuff: Will We Learn From Japan's Missteps In Time?
From Chris Martenson Blogs
November 22, 2012 - 2:14am
In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:
Japan's Kamikaze Monetary Policy
The Yen may be poised for destruction
Denial is a river in Germany, Greece & Spain
Poor decisions being made in all 3 countries
Fiscal Cliff: Deal or No Deal?
What's most likely at this point
In this Thanksgiving edition of Off the Cuff, Chris and Mish are grateful for Japan. Why? Because Japan will likely collapse under its unsustainable monetary and fiscal policies before the US.
Much of the structural rot that ails the US has been festering for much longer in Japan. With signs growing that the Japanese economy is nearing its predictable endgame, its implosion might be shocking enough to cause our leaders to seriously think: that fate could be ours if we don't take radically different actions immediately.
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