Tuesday, August 16, 2011
The lost decade for US
American economy is exhibiting similar trends which were present in Japanese Economy during the Japanese Lost Decade. Barry Riholtz has an interesting observation as he compares MSCI US and MSCI japanese index and comes out with startling results.
though its too early to make such prediction. there are also difference between US and jaoanes economy as Fed is pumping money into the system which Japanese never did. Moreover the demographic were very different as Japan was ageing much faster than US
Labels:
Japan,
Lost Decade,
US economy
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