Japan’s Savings Crisis
Japan is heading toward a savings crisis. The potential financing crunch caused by a combination of rising fiscal deficits and a plummeting household saving rate could have powerful negative effects on both the Japanese and the global economy.
CAMBRIDGE – Japan is heading toward a savings crisis. The potential future clash between larger fiscal deficits and a low household saving rate could have powerful negative effects on both Japan and the global economy.
CAMBRIDGE – Japan is heading toward a savings crisis. The potential future clash between larger fiscal deficits and a low household saving rate could have powerful negative effects on both Japan and the global economy.