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A Second Lost Decade?

BY ROGER NUSBAUM | JUNE 22, 2009 | 12:07 PM | 0 COMMENTS

One question you may read every now and then is whether the US is headed into a lost decade like Japan. Then this morning I saw somewhere a commentary about Japan being in its second lost decade. Japan has been in a funk suffering from elements of deflation, too much savings, failure to take writedowns and the seemingly endless lack of economic health.

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