Thursday, December 11, 2008
The Lost Decade
That's what people call the 1990s for Japan. The country went into a major slump from which they emerged only a decade later. Not only has Krugman openly worried that that will happen to us, but now others are murmuring as well. A decade lost. If so, we will remember it til we're old. How hard and dark are these times? I only hope I'm exaggerating when I say "hard. dark."
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