2011-04-26wallstcheatsheet.com

"In truth, Japan's decline was very real, and while there are definitely some similarities that will be laid out in this piece, it should be said first that opposite a lost American decade authored by inflation, Japan's was a function of deflation. For Japan's struggles being a function of deflation, we need to first look inward because the deflation was very much the doing of the U.S. political class."


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