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I think the next decade is going to be like the "lost decade" just like Japan had. There won't be much growth. We can't borrow anymore so where is this so called growth going to come from.
I think the next decade is going to be like the "lost decade" just like Japan had. There won't be much growth. We can't borrow anymore so where is this so called growth going to come from.
It's going to have to come from increased manufactured and exports (i.e. much more production relative to consumption).
I don't know if I see that happening before a massive currency crisis that forces down the value of the dollar and makes American exports super competitive.
I think the next decade is going to be like the "lost decade" just like Japan had. There won't be much growth. We can't borrow anymore so where is this so called growth going to come from.
The US avoided all Japan's mistakes, and the US has much more potential than Japan. A lost decade is unlikely in the US.A strong growth is much more likely.
The US avoided all Japan's mistakes, and the US has much more potential than Japan. A lost decade is unlikely in the US.A strong growth is much more likely.
No we didn't we did not keep having more babies after 1961, their birth boom peaked pre-war and dropped even faster than our drop.
The US avoided all Japan's mistakes, and the US has much more potential than Japan. A lost decade is unlikely in the US.A strong growth is much more likely.
I think this could be eerily similar to the lost decade in Japan. We are 2.5 years into it already and no sign of change.
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