Mikihiro Matsuoka on Bank of Japan policy, Japanisation of Economies, and the Demise of Capitalism
Macro Hive Conversations With Bilal Hafeez
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The Demise of Capitalism
The driver of the progressing capitale is a profit opportunity. And i think that the profit opportunity has disappeared out of this world because rose frontiers probably dissipated after, say, two thousand eight groba financial crisis. Until then, during those 20 years prior to the grobal financial crisis, we had a very unique, but series of positive development in a goldof economy. That suggests that ros frontier disappeared. From mars fochapts, i mean, onthat. We do think that technology can provide the new growth frontiers.
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