Relevant:
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- Deflation Returns To Japan; Black Hole Madness In U.S.
- Ex-Soros Adviser Fujimaki Says Japan May Default by 2017
- Risk of 1937 relapse as Fed gives up fight against deflation - Evans-Pritchard
2013-12-07 — telegraph.co.uk
``Europe's slide towards deflation is replicating what happened in Japan in the 1990s at the onset of its lost decade, when trouble crept up on the country unawares. Near zero inflation seemed harmless until world events suddenly intruded: the Russian default and the East Asian crisis of 1998, the dotcom bust in 2001-2002.''
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