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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (19235)5/16/2017 3:23:03 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Don,

The general history of countries and debt over the course of time is that they debase their currency and inflate their way out of both deficits and cumulative debt.

The USA had a Governmental budget that went up about 1000% percent when we got into WWII.... and when the war ended, we just adopted the new base line level.

You should have seen the hundreds upon hundreds of strikes for higher wages that Harry Truman had to deal with in the 18 months after WWII ended.

Truman was gravely concerned at how vast the expansion and size of the Federal government grew during WWII. It made eminent sense to worry, but the economy and the markets seem to be able to adjust.

I realize that Japan has really lousy demographics..... we'll have to see if the rise of AI and robotics and robots is able to bring a higher standard of living to us as some of the deep thinkers on this topic ruminate on.

John



To: Don Green who wrote (19235)6/10/2017 10:33:44 AM
From: Don Green  Read Replies (1) | Respond to of 33421
 
Whenever the devil in you wants to see a spectacular economic fall from grace, look no further than Japan.

After decades of strong economic growth, culminating with it becoming the world’s third largest economy in the latter part of the 20th century, growth has stalled in recent years, igniting strong fears regarding the long term future of the Asian country.

From Japan’s much publicized aging population to its astronomical debt to GDP ratio, the future looks bleak for Shinzo Abe and his countrymen, with no solution to its financial woes foreseeable. Regardless, if much of the developed world want to stop themselves from plunging into the same economic quicksand that Japan finds itself in now, they need to look at the country and examine exactly where it went wrong.

globalmillennial.org