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Ed Driscoll

Turning Japanese? I Really Think So

July 12th, 2014 - 12:05 pm

Now is the time when we juxtapose, Small Dead Animals-style:

What are the lessons for the U.S. from Japan’s experience? Reason Foundation policy analyst Anthony Randazzo is the co-author of the recent study “Avoiding an American Lost Decade: Lessons from Japan’s bubble and recession” and a July 2009 cover story for Reason magazine, “Turning Japanese: Japan’s post-bubble policies produced a ‘lost decade.’ So why is President Obama emulating them?”

“Turning Japanese,” Reason.com, June 23rd, 2009, the source of Nick Gillespie’s video atop this post, also from 2009.

Flash-forward to today:

“U.S. stocks will be ‘very disappointing’ for 10 years.”

—Headline at the Wall Street Journal’s MarketWatch column.

Unexpectedly, as Bloomberg.com would say.

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