Totally unrelated to LGBT rights, but nevertheless interesting: a fantastic article on the US's two options for economic stimulus from Associated Press business writer Yuri Kageyama from Tokyo and AP writer Karl Ritter from Stockholm. The two options are the Swedish historical model and the Japanese one. The beginning of the article begins by saying:
"Sweden moved quickly, nationalizing two banks and setting up an asset management company to take over bad debt. In contrast, Japan waited seven years before getting serious about bailing out its banks. The result: a "lost decade" of economic stagnation _ a fate the U.S. president says America must avoid."
Certainly a must read, especially among the growing calls to nationalize the United States' own "zombie" banks.
Check the article out at CBS News!
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