Comments on: Will We Have a Lost Decade(s) Like Japan? http://dailycapitalist.com/2009/10/09/will-we-have-a-lost-decades-like-japan/ Economics, Finance, and Investment Risk Sat, 31 Jul 2010 02:17:03 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Japan’s Government Encourages Unemployment | The Daily Capitalist http://dailycapitalist.com/2009/10/09/will-we-have-a-lost-decades-like-japan/comment-page-1/#comment-3472 Japan’s Government Encourages Unemployment | The Daily Capitalist Tue, 08 Dec 2009 20:15:42 +0000 http://dailycapitalist.com/?p=2071#comment-3472 [...] Should Ignore EconomistsWhat Is Money ? Part IWhat Is Money? Part II--A FableThe Economy in Q3 2009Will We Have a Lost Decade(s) Like Japan?Economic Megatrends That Will Drive Our FutureNational Sales Tax, Chapter 3Archived [...] [...] Should Ignore EconomistsWhat Is Money ? Part IWhat Is Money? Part II–A FableThe Economy in Q3 2009Will We Have a Lost Decade(s) Like Japan?Economic Megatrends That Will Drive Our FutureNational Sales Tax, Chapter 3Archived [...]

]]> By: Tweets that mention Will We Have a Lost Decade(s) Like Japan? | The Daily Capitalist -- Topsy.com http://dailycapitalist.com/2009/10/09/will-we-have-a-lost-decades-like-japan/comment-page-1/#comment-3392 Tweets that mention Will We Have a Lost Decade(s) Like Japan? | The Daily Capitalist -- Topsy.com Thu, 15 Oct 2009 02:55:09 +0000 http://dailycapitalist.com/?p=2071#comment-3392 [...] This post was mentioned on Twitter by Keta N, George Baily. George Baily said: Will We Have a Lost Decade(s) Like Japan?: Japan vs. U.S.: Compare and Contrast By Jeff Harding. Japan has been.. http://bit.ly/2c8yT1 [...] [...] This post was mentioned on Twitter by Keta N, George Baily. George Baily said: Will We Have a Lost Decade(s) Like Japan?: Japan vs. U.S.: Compare and Contrast By Jeff Harding. Japan has been.. http://bit.ly/2c8yT1 [...]

]]> By: Stop, Sheila! Stop! | The Daily Capitalist http://dailycapitalist.com/2009/10/09/will-we-have-a-lost-decades-like-japan/comment-page-1/#comment-3390 Stop, Sheila! Stop! | The Daily Capitalist Wed, 14 Oct 2009 20:20:53 +0000 http://dailycapitalist.com/?p=2071#comment-3390 [...] Should Ignore EconomistsWhat Is Money ? Part IWhat Is Money? Part II--A FableThe Economy in Q3 2009Will We Have a Lost Decade(s) Like Japan?Economic Megatrends That Will Drive Our FutureNational Sales Tax, Chapter 3Archived [...] [...] Should Ignore EconomistsWhat Is Money ? Part IWhat Is Money? Part II–A FableThe Economy in Q3 2009Will We Have a Lost Decade(s) Like Japan?Economic Megatrends That Will Drive Our FutureNational Sales Tax, Chapter 3Archived [...]

]]> By: Lloyd G. http://dailycapitalist.com/2009/10/09/will-we-have-a-lost-decades-like-japan/comment-page-1/#comment-3388 Lloyd G. Tue, 13 Oct 2009 17:11:09 +0000 http://dailycapitalist.com/?p=2071#comment-3388 Good post, Jeff. In a couple of areas, going into their recession the Japanese were better positioned than the US is now to try policies that are doomed to fail: They are in debt only to themselves -- they have not borrowed trillions from other countries, and; Through it all, they still have had a favorable balance of trade. In contrast, the US is hemorrhaging wealth to other countries. While the Japanese have had a stagnant economy over the past couple of decades, things still sort of functioned -- despite the dead weight of all the Keynesian nonsense. We'll be lucky if we're in the same place 20 years from now that Japan is now. Especially if the dollar loses its reserve currency status in the world. Good post, Jeff.

In a couple of areas, going into their recession the Japanese were better positioned than the US is now to try policies that are doomed to fail: They are in debt only to themselves — they have not borrowed trillions from other countries, and; Through it all, they still have had a favorable balance of trade.

In contrast, the US is hemorrhaging wealth to other countries.

While the Japanese have had a stagnant economy over the past couple of decades, things still sort of functioned — despite the dead weight of all the Keynesian nonsense.

We’ll be lucky if we’re in the same place 20 years from now that Japan is now. Especially if the dollar loses its reserve currency status in the world.

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