We wanted to compare the lost decade in Japan which is now the lost score or lost 20. Why is the central bank not able to get inflation above 1% and real wages dropped 13% in the past 20 years. Well it's simple and you will see why it's important. Because we have been bailing out failing companies since the great recession that still need bailed out. We have thousands of effectively failed corporations that only stay operating from the easing, buybacks, and cheap debt. We have entered our own lost score and we pass the 10 year mark of subdued growth. This is now the US lost decade.
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We wanted to compare the lost decade in Japan which is now the lost score or lost 20. Why is the central bank not able to get inflation above 1% and real wages dropped 13% in the past 20 years. Well it's simple and you will see why it's important. Because we have been bailing out failing companies since the great recession that still need bailed out. We have thousands of effectively failed corporations that only stay operating from the easing, buybacks, and cheap debt. We have entered our own lost score and we pass the 10 year mark of subdued growth. This is now the US lost decade.
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