Following Up On The Japan Disaster Scenario; Or Can Still We Learn From The Failure Of Keynesianism?

We are on the cusp of a secular shift between traditional supply and demand mechanics, both in Japan and everywhere else, as the prevailing population gets older. Of course, the ramifications of all these observations are just as critical for America as they are for Japan. As we have been discussing extensively in the past, the real crisis is not Greece, not the UK, and not even Japan so much (and as for China who knows - if real, unmanipulated Chinese debt/GDP is at almost 100% as some economists have claimed recently, it will get quite interesting), but in our own country, whose only generic fall back is "we print the dollar." One critical, and as yet unanswered, question is just how long can this particular excuse be reapplied over and over.