I don't think the Japanese really need to buy Japan

The alternative in which we buy American and the Japanese buy Japan and the Europeans buy European is quite a bit worse for everyone.

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Indeed, while all countries need to engage in stimulus it seems to me that we actually need bigger stimulus relative to GDP from surplus countries like Japan, China, and German than we ourselves engage in.

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And it's also true that [while] the "explosions and corpses" aspects of foreign policy attract the most attention, America's peaceful interactions with Latin America, Europe, and Asia have more impact on the average citizen's life than do the elections in Iraq.

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