So Now America Are Trying to Emulate Japan’s Lost Decade?
Dec 22nd, 2008 | By Mika | Category: Point Of ViewUS economists have relentlessly harangued the Japanese for their supposed mismanagement of their post bubble era, which has lead to nearly 20 years of low growth, borderline deflation, with a not-much-discussed, robust export sector. Along with others, we complained in the early days of the Fed/Treasury emergency response that they were taking one of the [...]
