1.21.2009

Japanization Rules: Economic Collapse Averted

Umm....r u sure? - Ed.

by Al Martin

(1-19-09) Consensus builds in Washington that Japanization of the world's economy is the only way to prevent global economic collapse and preserve the new "modified" capitalism.

For the first time, officials of the incoming Obama-Biden Regime, as well as senior members of Congress in both parties are using the word Japanization in financial media.

Now you see people in Washington using the term, including former under-secretary of the Treasury Larry Summers, who will be the new chairman of the Presidential Council of Economic Advisors. Summers is widely respected in both parties, and he's the new go-to guy in Washington for the new Obama-Biden economic policy.

Why is there a new consensus now? Because it's either that - or we allow global economic collapse to occur.

Read more @ Conspiracy Planet

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