A sophisticated nation at foot of Asia shouldn’t rely on cheap money
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· People need to accept that food costs money and doesn’t come for free – especially in a country without acres and acres of farmland. 380 yen is very cheap; if people adapt to food that’s too cheap they will get used to poverty they don’t deserve.
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That is the path to undermining the prosperity of a sophisticated and resource-rich nation at the foot of Asia that really should not have to rely on ultra-cheap money to generate growth.
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Prime Minister Shinzo Abe on Wednesday reaffirmed his resolve to change the nation’s pacifist constitution imposed by. He added that Japan’s elevated status could possibly help Asia become a.
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The banks made money from the deals, and the value of their stock went up-just as Enron’s did when investors were unable to decipher the true magnitude of its outstanding liabilities.
Indeed, at the same time Sen. Joe McCarthy, R-Wisconsin, was railing against Commies in 1954, Congress was moving to add “One Nation Under God” to the pledge of allegiance. As the New York Times.
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