Japan has had a continual history of deflationary struggles. The 1990s are often referred to as Japan’s “Lost Decade” because of its 10 year struggle with falling prices. The Lost Decade followed the Japanese asset price bubble burst in the late 1980s. A combination of incredibly high land values and low interest rates led to [...]
Monthly Archives: December 2009
The Scapegoat Among Us
Vengeance is nothing if not thorough. Chairman Ben Bernanke and the U.S. Federal Reserve are the latest targets to come into the cross-hairs of a recession weary congress. Several pieces of legislation are currently working their way through the house, often with bipartisan support, that would look to limit the power and increase [...]
Posted on December 13, 2009 – 1:35 PM
The Consequences of an Appealing Currency
In stark contrast to the fumbling American economy and banking system, the global community has begun to place both Canada’s economy and currency in more of a positive light. Despite the ubiquitous “doom and gloom” sentiments broadcasted by the media, Canada is and has been in a relatively good economic position when compared with the rest [...]
Posted on December 7, 2009 – 2:44 PM
The More You Spend, the Less You Have… Now We Know
Since the formation of the United States, the American dream has been the goal of many and has become a globally known concept. Throughout the history of the U.S., some hardworking Americans have come to realize this dream to its fullest. However, in the years before the credit crisis this dream often seemed to become [...]