{"id":1922,"date":"2014-11-22T08:31:16","date_gmt":"2014-11-22T13:31:16","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1922"},"modified":"2014-11-22T08:31:16","modified_gmt":"2014-11-22T13:31:16","slug":"and-the-person-responsible-for-japans-economic-endgame-is-paul-krugman-zero-hedge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1922","title":{"rendered":"And The Person Responsible For Japan’s Economic Endgame Is… Paul Krugman | Zero Hedge"},"content":{"rendered":"

And The Person Responsible For Japan’s Economic Endgame Is… Paul Krugman | Zero Hedge<\/a>.<\/p>\n

There are two words that should strike fear in the hearts of any rational-thinking citizen of the world – Paul Krugman.<\/em>\u00a0Wondering why? As Alhambra’s Jeff Snider notes, we already know of at least one respect where Krugman (as a stand-in at least for the Keynesian perspective that is somehow still widely shared, especially in the orthodox economist class) has impacted ‘stimulus’ activity, Sweden. And now his appearance in Japan enabled what Japanese economists call a “historic meeting,” as\u00a0Bloomberg reports<\/a>that\u00a0Abe met with the Nobel-prize winner for 40 minutes who “helped the prime minister make up his mind,” that delaying the fiscally-responsible tax-hikes was the right thing to do (and increasing QQE) or Japan “wouldn\u2019t escape deflation.”<\/strong>Mission Accomplished… and if it fails, moar will be needed and ‘capitalism’ will be blamed.<\/p>\n

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As Bloomberg reports,<\/em><\/a>\u00a0with a December deadline approaching, Prime Minister Shinzo Abe was considering whether to go ahead with a 2015 boost to the consumption levy. Evidence was mounting that the world\u2019s third-largest economy was struggling to shake off the blow from raising the rate in April, which had triggered Japan\u2019s deepest quarterly contraction since the global credit crisis…<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

And The Person Responsible For Japan’s Economic Endgame Is… Paul Krugman | Zero Hedge. There are two words that should strike fear in the hearts of any rational-thinking citizen of the world – Paul Krugman.\u00a0Wondering why? As Alhambra’s Jeff Snider notes, we already know of at least one respect where Krugman (as a stand-in at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[452,1355,535,614,661],"class_list":["post-1922","post","type-post","status-publish","format-standard","hentry","category-economics","tag-japan","tag-keynsian-economics","tag-monetary-stimulus","tag-paul-krugman","tag-qe"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1922"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1922\/revisions"}],"predecessor-version":[{"id":1923,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1922\/revisions\/1923"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}