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Stock Investing > Mishs Global Economic Trend Analysis

U.S. Faces Second Lost Decade "Because" of Misguided Stimulus

Mike Shedlock | Fri, 10/23/2009 - 2:32pm | American economy, bad economics, economic policy, Japanese economy, lost decades, misguided stimulus |  6 comments

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Japan has gone through two lost decades, in and out of deflation, with nothing to show for it but increasing debt to GDP and a stock market still 70% below its peak. Now, Richard Koo of Nomura Research Institute Ltd. says U.S. Risks Japan-Like ‘Lost Decade’ on Stimulus Exit .U.S. officials c
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