Archive | April 26, 2009

Japan lost, but not dead, in deflation

For Japan, the 1990s are commonly referred to as the “lost decade.” Those that know me are aware that I look beyond that and actually regard a quarter-century as the appropriate “lost” duration. However, if one really thinks about what has transpired and where we are today, it is rather impressive that Japan continues to [...]

Read full story Comments { 0 }