Sunday, October 12, 2008

Studying Japan's Dark Decade to See How U.S. Might Fare

The sky over Tokyo seemed to fall in September of 1990, when the Nikkei stock index dove almost 20 percent in one month. Real estate prices would plummet and the financial sector would crack, trapping Japan in a "lost decade" of economic growth. Is the United States now set for its own?

read more | digg story

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