Stimulus programmes are working, for now

Stimulus programmes in China, Japan and the US have helped the world navigate out of financial ruin. But how to stop spending?

In order to make good investment decisions you have to have a view of the macro situation, said Professor Altman at the two-day AsianInvestorFinanceAsia Distressed and Troubled Asset Investing Summit held in Tokyo, which attracted more than 200 delegates.

Altman was moderating a panel discussion that took a step back and looked at the bigger picture. The panel members discussed the impact of the fiscal stimulus programmes of three nations -- China, Japan and...

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