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In Reply to: "Possible" is not the same as "looming"... posted by Steve O on February 2, 2016 at 11:08:33:
"Japan's doin it now and their system is still present."
Japan's economy is on life support and has been for the past 25 years. The "Lost Decade" lapsed into "The Lost 20 years." Moreover, Japan nearly suffered another recession last year. And the four years prior to that were abysmal. Japan's annual GDP does well to stay above 1 percent. That's hardly a model to emulate.
https://en.wikipedia.org/wiki/Lost_Decade_(Japan)
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Follow Ups
- It's bad form to mention Japan when making your case... - regmac 11:21:06 02/02/16 (12)
- Dear Bank of Japan, how do you spell unintended consequences: - LWR 11:58:47 02/02/16 (11)
- Did you read the article you linked? - Steve O 12:56:36 02/02/16 (10)
- I do not pussy foot around - LWR 13:16:06 02/02/16 (9)
- RE: I do not pussy foot around - mkuller 13:38:54 02/02/16 (8)
- That would be correct - LWR 15:42:26 02/02/16 (7)
- "I learned how from the best in the biz" - Steve O 19:44:49 02/02/16 (6)
- No biz at all - LWR 19:55:07 02/02/16 (5)
- I prefer DOTD pics... - Steve O 20:38:04 02/02/16 (4)
- RE: I prefer DOTD pics... - musetap 08:10:05 02/03/16 (2)
- Good one...(nt) - mkuller 11:10:17 02/03/16 (0)
- +0.707 (nt) - Steve O 09:36:48 02/03/16 (0)
- We are a pussy driven bunch - LWR 07:10:07 02/03/16 (0)