Japan's Economy Contracts Again; Press Prescribes Even More 'Stimulus'
Japan, once a feared world economic powerhouse already at "two decades of little or no real economic growth," just reported that its economy contracted during the second quarter at an annual rate of 1.6 percent. The common thread throughout the two-decade slump has been the alleged need for ever-increasing levels of Keynesian "stimulus." Apparently refusing to believe there are any other…
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