Effect of Household Deleveraging on Housing, Consumption and the Stock Market

Quote from libertad:

http://globaleconomicanalysis.blogspot.com/2009/05/effect-of-household-deleveraging-on.html


So the question becomes....

How can the US not emulate Japan's lost decade ?....
More...


Good Article,

The US is headed for at least one lost decade, with savings skyrocketing and expected to go back into the double digit range, growth will not be seen in our economy for years. I don't see any recovery anytime soon and a sideways economy until at least 2020. Everyone can believe the economy is headed for a "V" shaped recovery but they will just be surprised to see it will be a long "L" shaped recovery.
 
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