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Japan has too many subsidies and intra-corporations-labour protection. That shielded them at the expense of stagflation.
by Jansen312 5y ago
Japan has too many subsidies and intra-corporations-labour protection. That shielded them at the expense of stagflation.
- hn_throwaway_99 5y ago"stagflation" doesn't describe Japan at all, they're the polar opposite.
- afterburner 5y agoStagflation means high inflation, high unemployment. Japan does not have high inflation.
- dustintrex 5y agoOr high unemployment for that matter, although reality is less rosy than the headline stats.