Authored by Michael Lebowitz via RealInvestmentAdvice.com, We recently wrote Japan’s Lost Decades to appreciate better why Japan’s GDP is smaller than it was in 1995 and why it took 35 years for its stock market to set its recent record high. Many pundits claim the U.S. is following Japan’s path. The path includes a stagnant economy, massive […]
Posts Tagged ‘stagnation”’
Psychopath vs. Empath: The War Between Evolution and Stagnation
Evolution will occur whether we like it or not. But the question is: do we want that evolution to be progressive, stagnant, or regressive. It stands to reason that most people would say they want a progressive evolution for our species. Just like most people would claim they are more empathic than psychopathic. But emotional […]
Stagnation Is Not Just the New Normal–It’s Official Policy
Stagnation Is Not Just the New Normal–It’s Official Policy By Charles Hugh Smithwashingtonsblog.com Although our leadership is too polite to say it out loud, they’ve embraced stagnation as the new quasi-official policy. The reason is tragi-comically obvious: any real reform would threaten the income streams gushing into untouchably powerful self-serving elites and fiefdoms. In our […]
Goldman Sachs: “Welcome To The Great Stagnation”
Zero Hedge Thursday, September 29, 2011 A little under a year ago, with much pomp and circumstance, Goldman’s economic team proclaimed its multi-year long bearish outlook on the economy over, and on December 1 of 2010, issued a report in which it noted that it was turning a new leaf in its “bleak” perception of the […]