Clifflessness As A Virtue?

Everyone is worried about the “fiscal cliff” the US economy is facing. What if it falls off? High Frequency Economics’ Chief US Economist Jim O’Sullivan does not think it will. But what about other fiscal cliffs- defined as an imminent drag on the economy caused by an adverse and unavoidable change in fiscal policy- in other countries?¬†Please click on the link for a full examination of Japan and the Euroland.


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