Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 4 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds    H2'ed 1/15/11

America Replicating Japan

By       (Page 3 of 9 pages) Become a premium member to see this article and all articles as one long page. (View How Many People Read This)   1 comment
Author 194
Message Stephen Lendman
Become a Fan
  (193 fans)

This piece was reprinted by OpEdNews with permission or license. It may not be reproduced in any form without permission or license from the source.

(7) From 1990 to today, Japan, post-bubble, experienced over two decades of rolling recessions and recoveries. None of the latter ones proved sustainable.

(8) In post-bubble Japan and America, consumer inflation (excluding food and energy) exhibited long-term declines. Japan's current sub-zero level shows deflation. America's at 1% shows minimal inflation, at least by CPI measures that are extraordinary unreliable.

(9) The employment/population ratio in both countries shows declines because of persistent unemployment, grossly underreported in America to hide levels above 20%. The official 9.4%, the so-called U-3 level, is meaningless.

A Second Rosenberg Analysis

Worrying concerns in it include:

(1) Grossly overvalued equity prices;

(2) West Texas Intermediate oil prices above $91 a barrel. Brent spot prices exceed $97. "Oil is being driven in part by speculative fervour."

(3) Vacant housing units in America hit a record high. So is the housing vacancy rate. Housing is in deep depression. Unless reversed, sustained economic recovery is impossible.

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9

 

Must Read 2   Well Said 2   Interesting 1  
Rate It | View Ratings

Stephen Lendman Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

[My newest book as editor and contributor is titled "Flashpoint in Ukraine: How the US Drive for Hegemony Risks WW III." www.claritypress.com/LendmanIII.html]

Stephen Lendman was born in 1934 in Boston, MA. In 1956, he received a (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert

To View Comments or Join the Conversation: