Europe Headed for a Japanese-Style Lost Decade: Greene

The video discusses economic challenges in the eurozone and Japan, focusing on the need for structural reforms and monetary policy adjustments. It highlights Germany's role in the eurozone crisis and Japan's recession due to tax hikes. The difficulties of implementing structural reforms are explored, with examples from Spain and Ireland.

What are the implications of Japan's economic situation for its future growth?

Why is it challenging for politicians to implement structural reforms in their countries?