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Is Japan Heading for Another Lost Decade?

- Frank Shostak -

Yeah, or perhaps it had something to do with the yen nearly tripling in value from the late '80s, hurting their ability to keep their exports competitively priced.

Shostak has changed his bio. He no longer wants us to know that he was the chief economist for MF Global. His moronic decision to invest in Greek debt using the money of the firm's clients led to billions in losses for those clients. Shostak belongs in jail. The only place his views should be heard is in the prison yard. Shame on 24 hr gold for providing a forum for this criminal.

Commented 3967 days ago

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Beginning of the headline :Recently various commentators have been warning Euro-zone policymakers that they needed to boost stimulus policies in order to avoid a Japanese-style lost decade. To support their case, they point to the years 1991 to 2000. The average growth of real GDP in Japan during that period stood at 1.2 percent versus the average growth of 4.7 percent during 1980 to 1990. In terms of industrial production, the average growth stood at 0.1 percent versus 4.1 percent. According to many experts such as F... Read More

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