Journal of Finance and Marketing

All submissions of the EM system will be redirected to Online Manuscript Submission System. Authors are requested to submit articles directly to Online Manuscript Submission System of respective journal.
Reach Us +1-845-458-6882

Opinion Article - Journal of Finance and Marketing (2018) Volume 2, Issue 4

Can the Japanese economic jubilee work in America?

The concept of the Jubilee springs from the bible with the concept of cancellation of debt after a period of time “to set the prisoners free” from their debt. There have been discussions about how it could be applied to a nation’s economy after countries like the US became burdened with debt from personal credit card excesses but also at a national level of debt to finance the social programs of social security, Medicare and so on that have contributed to run-away debt on a national scale.

Author(s): Mary M. Dickens Johnson

Abstract Full Text PDF

Get the App