Much has been said of the parallel’s between the Japanese economy in the 90’s and the economy today in the USA. Please discuss what you feel the differences are or why you feel it will be different here this time.
- The world economy is hurting as much as us, if not worse. In terms of returns and economies, as long as you are not the worst or hurting the worst, it’s okay (investors will flock to you). Whereas for Japan, everybody was doing well and they were hurting. 2. Something to do with inflation…