Japan's Lost Decades - and Ours?

Japan's Lost Decades - and Ours?

Since the financial crisis, a shadow has hovered over the U.S. economy: Japan. Could what happened there happen to us? The issue transcends last year's earthquake. The bursting of Japan's real estate and stock bubble in the early 1990s has had lasting consequences: a "lost decade" (actually, two) of meager growth and weak job markets. Though hardly a depression, Japan's prosperity has been partial and unsatisfying, enjoyed by some and missed by others.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles