September 09, 2011

Niall Ferguson on Japan - "Right now it's on the edge of something worse"

“Japan has limped along for 20 years now, economically underperforming, almost stagnating, teetering on the edge of deflation, throwing fiscal and monetary stimulus at the problem, and not getting much traction. Right now it’s on the edge something worse.”

Source: Niall Ferguson on Japan, China, and the US
By Dan Richards
June 22, 2010
http://www.advisorperspectives.com/newsletters10/pdfs/Niall_Ferguson_on_Japan_China_and_the_US.pdf

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