The Japanification of the World
by Charles Hugh-Smith Zombification / Japanification is not success; it is only the last desperate defense of a failing, brittle status quo by doing more of what’s failed. A recent
japanification
2019: Japanification / LBO’ing of world economies & mkts continues; asset bubbles bursting; debt replacing organic growth.
via @MI_Investments: Q/T stopped forcing C/B’s to explain $20T bal sheets not temporary. US deficits $1T–>$2T. Debt crises erupt + spread globally. #DebtMatters #Vol #TradersMkt Strong economy, Jay Powell? Or