Monday, August 2, 2010

Economics,It has become already a Fairy Tale.

We got lost an interest in Economics. Because I come to be unable to know only the difference between the truth and the false. We can not predict future status in economy at all. Latest financial technology is not exception too. Any comment seemed to hold water plausibly at any rate. Supply and Demand would explain everything. And now it does nothing. Nobody can find a way in a foggy world economy. Non-precedential deflation appeared first in Japan, and It will loom on America soon later.Any economists can not explain this deflation well. and deficit of the government increases rapidly under super low yield.Nobody can stop it. Though every Japanese thinks national deficit need to be reduced. Politicians can not integrate various opinions at all. and prime minister changes year by year.
 Why did Great depression happen? At that time, Nobody knew. But It was sure to cause Fascism and World War. Nobody knows the correct answer.This is a history.
 Even if each person or government behave clever, actually we cannot predict how to be in total. There is a precedent. It is same thing as we can control the future.
 

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