Ancalagon the Black Posted February 6, 2008 Share Posted February 6, 2008 http://articles.moneycentral.msn.com/Investing/JubaksJournal/IsUSEnteringJapansNightmare.aspx Is US entering Japan's nightmare? Japan's bust started with a real-estate boom, lax lending and the propping up of financial firms -- and its recovery took a decade. The Fed's rate cuts keep the US on the same path. By Jim Jubak Ben Bernanke's Federal Reserve increasingly looks like it's headed toward a repeat of the errors that took Japan into a decade-long banking crisis and economic slump, beginning in the early 1990s. Welcome to the United States of Japan, where growth slows to a crawl, the stock market goes nowhere and savings earn nothing. Just in time for the retirement of the baby-boom generation, too. Continues at link. Link to comment Share on other sites More sharing options...
Shilsu Posted February 6, 2008 Share Posted February 6, 2008 Does this mean our population will actually start to shrink in a few years as America becomes the country where couples have the least amount of sex? Link to comment Share on other sites More sharing options...
jbooma Posted February 6, 2008 Share Posted February 6, 2008 Now the only positive with that would be the 0% interest rate they had to put in place to get out of it You can bet that I will be refinancing if that were the case Link to comment Share on other sites More sharing options...
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