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Japan should spend a little less on its well-off elderly
News, Noah Smith, Published on 29/09/2017
» When discussing Japan's debt, most people get caught up in the issue of fiscal solvency. As everyone by now knows, Japan has a very high level of debt versus gross domestic product:
Why was stock market bubble allowed to develop?
News, Noah Smith, Published on 10/07/2015
» Watching an asset bubble burst is a little like watching a tornado: you know lives are being destroyed, yet nature's awesome power has a strange, terrifying beauty.