Welcome.
Japan’s economy has been falling apart for more than 9 years. The 90s are known as the lost decade, with zombie banks (dead men walking) being propped up by government.
The US can’t follow Japan’s playbook, because the current situation is built on the dollar hegemony. The Japanese never had a Yen hegemony being the reserve currency of the world.
No one here can predict the future. But the US is not built to withstand what Japan went through, and one could argue that Japan is still suffering for those policies and approaches.
Watch this video
and check out Peter Schiff on YouTube. Actually, you can also check Schiff out on Lew Rockwell’s (President of Mises) podcast.
Thanks for the Inflationary Depression### How the Government Wrecked the Economy
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