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There are some compelling points in the article, however the particular picture he sees those points forming is not necessarily that seen by all. We have all he
by oonerspism 5y ago
There are some compelling points in the article, however the particular picture he sees those points forming is not necessarily that seen by all. We have all heard convincing alternative views regarding some of the assertions made ; thus cynicism (in the form of curious research and discussion) may be warranted here, regardless of author credentials. "The stakes are high" is rarely truer after all, in the pure economic sense.
Two points I considered additional:
- Let us not forget, regarding Japan's past 30yr economic situation (oft-cited in the article), the important co-factor of Japan's virtually unchanging population since 1990... vs the World's cumulative 50% population increase since 1990, with wider Asia the major contributor.
- I wonder how well 1929 really fits, in forming the group 1929-2000-2006-2021, called here "the 4 super-bubbles of the past century". What weighting it deserves within the set, considering it's anomalous temporal, cultural and political separation from the rest; perhaps reducing the already low n of the set around which the article hinges.