Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

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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