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As often as this line is said, I don't think its really as bad as Western media depicts it. I think it'll be a massive hit that will level them out when it hap
by fweespeech 12y ago
As often as this line is said, I don't think its really as bad as Western media depicts it.
I think it'll be a massive hit that will level them out when it happens, but I don't think it'll be a "New Japan" with deflationary problems and a truly stagnant economy. They'll probably end up more like the US with a steady growth rate over a long time horizon that will fix things in 10 years or so. Which, if we are being honest, is really not that much longer than its taking the US to fully recover from the Great Recession.