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In Japan it is known as The Lost Decades: https://en.wikipedia.org/wiki/Lost_Decades https://en.wikipedia.org/wiki/Lost_Decades There is no "sane state" that i
by alright2565 11mo ago
In Japan it is known as The Lost Decades: https://en.wikipedia.org/wiki/Lost_Decades https://en.wikipedia.org/wiki/Lost_Decades
There is no "sane state" that is eventually reached, it is always painful. For Japan, it took the financial innovation of negative interest rates to finally address it.