Tag

Japan

When there’s nothing left to buy

Watching government policies fail is a favourite hobby of mine. The history of economics can’t help but be an illustration on the shortcomings of government for anyone willing to listen. Quantitative easing was supposed to restart inflation so that the…

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How to predict the future, with double payback

Predicting the future has been easy in hindsight. We’re very closely following the script left by Japan, although in fast forward. So we had hindsight right in front of our noses, in a way. The Western world’s tech bubble, housing…

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