May 25, 2010

DECADE?:

Is Europe Turning Japanese? (Stephen Fidler, 5/25/10, WSJ)

The dismal growth prospects of many European countries has raised an increasing number of questions about whether large parts of the continent will emulate Japan of the 1990s and endure a decade-long economic stagnation.

Stagnation? Is there any reason to believe these places aren't already in or headed for permanent decline?

Posted by Orrin Judd at May 25, 2010 2:05 PM
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