How do we avoid becoming another Japan? That question has prompted U.S. officials to move aggressively in recent weeks as they seek to save the American financial system while avoiding the kinds of regulatory pitfalls that plunged Japan into economic quicksand almost two decades ago. Although the... -
What Not to Do in a Financial Crisis: U.S. Learns From Japan
How do we avoid becoming another Japan? That question has prompted U.S. officials to move aggressively in recent weeks as they seek to save the American financial system while avoiding the kinds of regulatory pitfalls that plunged Japan into economic quicksand almost two decades ago. Although the...-
By Anthony Faiola