Japanese Government/Business Relationships and the US Bailouts

[Cynthia Stults]

Angela, reading your post made me think back to when the US government was looking at bailing out companies during the economic crises of 2008-2010. The idea that they would bail out banks and auto manufacturers was an incredibly hot button political topic, and even if the government provided loans instead of TARP funds, people were furious. Yet in Japan, this seems to be business as usual, seemingly without anyone opposing it. I do share concerns about Japan going the way of Greece, yet Japan has significantly stronger exports than does Greece.