Will the first 2 Abenomics arrows hit the mark? Pointers from Tak
Goldman Sachs is out with a new report titled ‘Will the first two Abenomics arrows hit the mark? Pointers from Takahashi policy’. Analysts at the firm note the differences and similarities between the policies of PM Shinzo Abe (commonly referred to as Abenomics) and those which Japan pursued in the early and mid 1930s. The report discusses Abenomics policy regarding the Yen (obviously), capex, demographics and other key issues. The conclusion is not very promising as some such as Lonnie Thompson of The Rationalist Pessimist has pointed out.
Read More: http://economicrisis.com/will-the-first-2-abenomics-arrows-hit-the-mark-pointers-from-takahashi-policy/8753