Posted inJapan, Northeast Asia

Tokyo’s monster stimulus move suggests scary 2020

Sometimes government stimulus jolts are a comfort, a sign the policymakers are safeguarding growth. Other times, they validate doomsayers’ worst fears about the economic outlook. Tokyo’s new US$121 billion spending plan is very much the latter – and a warning shot for the rest of Asia heading into 2020. Prime Minister Shinzo Abe’s team is spinning like […]