Japan – Abe adviser Hamada

  • says Abenomics has been successful
  • Says sales tax rise was not part of Abenomics
  • Sales tax postponement a tailwind for Abenomics

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Koichi Hamada, a Professor of Economics at Yale University and adviser to Japanese PM Abe. Speaking on TV interview (I think he might be appearing on the Japanese version of Survivor. Probably gettin’ voted off the island.)

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More:

  • Economy expected to be back to normal in 1 to 2 quarters
  • Abenomics 1st and 2nd arrows are working fine