Posts Tagged ‘parallels’

1979 Redux?

The BBC marked the 30th anniversary of the election of former UK Prime Minister Margaret Thatcher by re-running its coverage of the 1979 election on its BBC Parliament television channel on Bank Holiday Monday (The coverage is still available to download for UK viewers over the next week at http://www.bbc.co.uk/programmes/b0074yz8) Watching the material helped crystallise… [Read more]

US: Going Japanese? Part 2

Despite some similarities between the US’ banking woes today and Japan’s in the 1990s and early 2000s, I have to say that there are likely to be some noteworthy differences in how the American situation will play out. For a start, I firmly believe that Japan’s dysfunctional political system prolonged its economic crisis. Japan had… [Read more]


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