Jesse's Café Américain

“Just as it was in the days of Noah, so will it be in the days of the Son of Man. People were eating, drinking, marrying and being given away in marriage, up to the very day Noah entered the ark. Then the flood came, and swept them all away.

And they said to him, 'Where will this happen, Lord?' And He said to them, 'Where death is, there a gathering of vultures will be.'”

Luke 17:26-27, 37

Showing posts with label Japanese stagnation. Show all posts
Showing posts with label Japanese stagnation. Show all posts
28 November 2012

How Iceland Restrained the Anglo-American Banks: CBC Interviews Ólafur Grimsson

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As you have read here and elsewhere, there is the 'Japanese model' and the 'Swedish model' for dealing with a crisis cau...
02 July 2009

The Japanese Stagnation

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This is interesting, and probably an eye-opener for most Western readers. Most Japanese mortgages are 'recourse' loans meaning that ...
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