Becoming Japan: “The Threat Of A Global Recession Is Growing”
Via The Economic Cycle Research Institute,
ZeroHedge.com
Jul 20, 2016
As we laid out over a year ago,, this simple combination of productivity and demographic trends reveals that U.S. trend GDP growth is converging toward 1%. This is reminiscent of Japan during its “lost decades.” Expanding this analysis to the rest of the G7, we find that every economy is effectively becoming Japan, and the sharpest slowdowns are happening outside North America.
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