Japanification the scourge threatening to go global in 2020
“First it was Japan. Then Europe. Now investors are scanning the world for the next outbreak of stagnant inflation and tumbling yields.”
USAGOLD note: We have been beating this drum about the Japanification of the global economy – including the United States – for a long time on this page. More and more, the evidence mounts that we are in a structural rut from which there may be no escape. Japan has certainly had a rough time with it and now the government is poised to launch another round of infrastructure projects.
Repost from 12-9-2019