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| Home Front Economy |
| Return of the Living Dead |
| 2008-12-18 |
| What the U.S. can learn from Japan's failed experiment with "zombie businesses" |
| Posted by:tipper |
| #2 the government had encouraged them to follow the bad practices in the first place Hmmm, does sounds familiar. |
| Posted by: g(r)omgoru 2008-12-18 03:29 |
| #1 Flawed analysis...the Japanese experience was because the firms involved would lose face if they defaulted, and the government couldn't allow that, because the government had encouraged them to follow the bad practices in the first place. Cultural... |
| Posted by: gromky 2008-12-18 03:23 |