AP Covers Up Japan's Likely Slippage Into Another Economic Contraction
In an early Wednesday morning report containing an undercurrent of amazement and frustration that Japan's journey into Keynesianism and quantitative easing on steroids somehow hasn't worked, the Associated Press's Elaine Kurtenback wrote that a steep "April 1, 2014 sales tax hike ... triggered a brief recession and growth since has been flat." The Land of the Rising Sun with the long-…
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