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Why is the US economy going to turn out differently than Japan which went through the same things we have now?
By Rose | June 26, 2008
Ruben G asked:
Japan went through a stock market bubble, then a real estate bubble, after all popped, they have been stuck in a deflationary, stagnant economy, Why would the US end up with a different fate?
Homer
Japan went through a stock market bubble, then a real estate bubble, after all popped, they have been stuck in a deflationary, stagnant economy, Why would the US end up with a different fate?
Homer
Topics: US Economy | 2 Comments »








June 27th, 2008 at 12:25 am
Because the Japanese government was slow to react, and (as I understand it) acted halfheartedly when it did act. The US govt. acted quickly and with a serious intervention.
June 29th, 2008 at 5:20 am
maybe because japan hasn’t wated 3.3 TRILLION DOLLARS in war?