WASHINGTON - Japanese Finance Minister Taro Aso said on Thursday the government was ready to deploy fiscal stimulus steps flexibly if the economy needed fresh support to fend off risks from slumping global demand and the U.S.-China trade war.
“Given uncertainty over the global economy, exports are falling and weighing on manufacturers’ output. But the weakness has yet to spread to non-manufacturers or domestic demand,” Aso told reporters after attending a Group of 20 finance leaders’ working dinner. “When you look back at the problems Japan faced, including deflation, they can’t be fixed by monetary policy alone. You need a coordinated monetary and fiscal response,” he said.But he added that he agreed with Bank of Japan Governor Haruhiko Kuroda, who told reporters in Washington the timing of a pickup in global growth was likely being delayed.
Then get over your so called 'honor ' complex and make nice with South Korea....because IT'S A FACT WHAT JAPAN DID WITH THE COMFORT WOMEN! That would Also be something productive!
Meridian? Mesenteritis.