The CEO Game is an online business simulation. The CEO game blog discusses plans for the CEO Game itself, the world of serious games, and a wide range of issues from technology to economics and everything in between.
Japanese prime minister Naoto Kan, warned yesterday that his country might be facing debt crisis just like Greece, if Japan won’t urgently manage it’s ever growing debt. Kan, in his first address since entering the prime minister role this last Tuesday, said that Japan can’t afford letting its national debt grow.
Japan - Next To Fall?
Kan, the sixth prime minister in the last 4 years, had promised that the government together with the Japan’s national bank, will work together to prevent such crisis. Kan said that the government is aiming to focus on developing an extensive but stable financial policy . He also added that the government will consider tax raising, a step which according to him, previous governments were afraid of performing.
As we receive more and more news updates about Dubai’s debt crisis, we have to wonder is the financial crisis truly over? Or were the last few months just a short break between the stock exchange falls. To better understand the affect that Dubai will have on the financial world I attached an interview Max Keiser.
We hope that in the future using online business simulations such as TheCEO Game will help to predict more accurately financial crisis’s like the one were having this year.
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