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Jokowi's courtiers are panicking in dangerous ways

Assault on Bank Indonesia tells wider story as Asia returns to the 1960s

| Indonesia
Easier money policies will not make the economy more competitive, productive or egalitarian.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

As developing Asia's economy shrinks for the first time in six decades, Jakarta may be the best place to view the wreckage.

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