Wall Street Journal (July 29)
2013/ 07/ 30 by jd in Global News
“Abenomics represents the best—and possibly the last—chance for Japan to avert a debt crisis that could set back the global recovery once more.” Around the world, everybody should hope for the success of Abenomics. If it does, “then the world’s third-biggest economy could re-emerge as a major engine of growth at a time when Europe is stagnant and China is slowing. If it fails, then Japan’s Mount Fuji of government debt could come tumbling down, sending shock waves through the global economy.”
Tags: Abenomics, China, Debt crisis, Economy, Europe, Global recovery, Growth engine, Japan, Slowing
