Bernanke: U.S. Financial Crisis Worse than Japan’s Lost Decade, but We’ll Still Copy the Japanese Playbook, Even Though It Didn’t Work
Today, Ben Bernanke acknowledged that the U.S. economic crisis is worse than the Japanese 1990’s economic crisis.
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It’s true, President Bush sounded alarms about Barack Obama during the campaign season. On Tuesday, Mr. Bush went one step further: He declared Mr. Obama’s inauguration an actual emergency.