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Abenomics dragged the Japanese economy further and further into the abyss.

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The numbers say it all. But of course, those numbers don’t do anything. Except help destroy an economy.

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Many years before the USA and many other countries adopted their bizarre zero-interest-rate policies, Japan already had such an unspecified and unnamed policy in place.

(For convenience, let’s call it the “zeiroo-intaresuto-reeto porishii,” or ZIRP.)

_{(Image source)} https://steemitimages.com/DQmSYCjnoWmWHRwCkVMVxRTSoCfx1iXmkp7sb2919wxySvK/image.png

No, no, Abe-san. That’s not a solution.

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Of course, ZIRP was totally ineffective in stimulating any growth. Quite the opposite, it just dragged the Japanese economy further and further into the abyss. With a nice, strong boost from Abe-no-no-nomics.

At least in this respect, the USA and other developed countries have caught up with Japan. Unfortunately. _{(Image source)} https://steemitimages.com/DQmSYCjnoWmWHRwCkVMVxRTSoCfx1iXmkp7sb2919wxySvK/image.png

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Introduction to – “Notes from Under the Tatami Mats” _{(right-click on title)}

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Top 4 Curry Restaurants in Japan

Top 4 Restaurants in Japan (other than curry)

Top 4 Drinking, Drinking, Drinking Buddies in Japan

... and more

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Links to my Other Series …

https://cdn.steemitimages.com/DQmSsF8q9ec2eb81QoHmKB2vjKNXpqZq19h5oeKMuudmkZg/image.png

      Introduction – "Intro to Vocab-ability" _{(right-click on title)}
      Guide – "Guide to Entries" _{(right-click on title)}
      Index– "Index" to all Chapters and Sections _{(right-click on title)}
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Lou Reed – "Anthology of Memorable Lyrics, Part 1" _{(right-click on title)}
Lou Reed – "Anthology of Memorable Lyrics, Part 2" _{(right-click on title)}
https://steemitimages.com/DQmTDjQygLGQv4iCp8k2DWp3x7o79Y4zBxGfcTvnLseCTaf/image.png

https://steemitimages.com/DQmaRbjQ7Pgj4eUr1u2FMdHCuajLf9gTV8k4WNEV2jZqCFM/image.png _{Images sourced from Google Images, unless otherwise indicated or unless my own.} https://steemitimages.com/DQmTDjQygLGQv4iCp8k2DWp3x7o79Y4zBxGfcTvnLseCTaf/image.png

alici