U.S. has “turned Japanese” with a near lost decade of job creation. We should expect results that are similarly poor as in Japan in coming decades: we use the same policy prescription for the same ailment, why wouldn’t we have the same result?
Post Tagged with: "Japanese recession"
August 1, 2012 06:09
Global economy in recession – Japan sinking
It should be very clear now that the global economy in aggregate is back in recession, … there has been scant attention to this possibility in media reports.
May 19, 2011 04:56
Japan back in recession as earthquake cuts consumption
The contraction in the first three months of this year was bigger than expected, with most analysts expecting the annualized rate would show a contraction of about 2%.
