As Japanese Prime Minister Warns of "Lehman-Style Crisis," Is He Looking At Correlation or Causation?Mark Melin
Perhaps the masters of those with magic powers are located in Japan. With nearly a 229% debt to GDP level and unemployment near record lows, Japanese Prime Minister Shinzo Abe looked his fellow Group of Seven economic leaders in the eyes and said a Lehman-style crisis is approaching, to some degree echoing previous statements by financial analysts. In pointing to falling commodity prices as an indicator of the next crash, however, it might be what Abe didn’t address, debt, that matters to a more significant degree than . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible