Japan newspaper – “Diet election puts spotlight on reviving economy”

Author: Eamonn Sheridan | Category: News

From the Japan Times this morning – not too bad a summary of what’s facing the new government after the Dec. 16 election.

Many economists argue the only thing Japan can afford less than higher debt is austerity. But while its bond market remains a “safe haven” for global investors and it is not facing the sort of repayment crisis that is plaguing Greece and other European economies, there are limits, said Rea.

Diet election puts spotlight on reviving economy