News
Bloomberg | Debt Disaster Seen Unless VAT Rises to 20% by 2020: Japan Credit
The consumption levy, due to increase in April for the first time since 1997, will need to quadruple from current levels to handle Japan’s increasing welfare costs and rein in the nation’s debt.
Econ Comments & Analysis
MarketWatch | After the Crisis, Small Banks Still Owe Taxpayers
Five years after the financial crisis, there are still a handful of smaller banks that owe the government money under the TARP program.
