Reblogged from conversations with japan:
Me: Hi Japan. What’s going on with your economy?
Japan: The usual. Why?
Me: I keep hearing that it’s “stagnating” or “stagflating” or “sluggish” or a “train wreck”.
Japan: It is.
Me: And there’s a “lost generation” that can’t find really amazing jobs and earn buckets of cash every month.
Japan: They can’t.
Me: And your GDP isn’t seventeen double digits above the baseline macro index for economic growth forecasts in the second half of the Dow Smith fiscal trimester.
Putting things in perspective, a great blog piece - A Conversation with Japan.
The Economy
Me: Hi Japan. What’s going on with your economy?
Japan: The usual. Why?
Me: I keep hearing that it’s “stagnating” or “stagflating” or “sluggish” or a “train wreck”.
Japan: It is.
Me: And there’s a “lost generation” that can’t find really amazing jobs and earn buckets of cash every month.
Read on.....