The Japanese were not shy, when they were riding high in the ‘70s and ‘80s, to offer advice to the Western industrialized countries about modernizing our manufacturing and management practices, working harder, getting budget deficits down.
So there may be a payback element to the US and European shrillness about how important it is for the Japanese to use aggressive fiscal stimulus to get their economy going again and to restore confidence by drastic and immediate restructuring of their banking system. Neither is going well.