Debate - Is US Becoming Japan
We have written in the past about the current state of the U.S. economy and why, in so many ways, we are following down the same path that Japan begin some 2 decades ago.
Yesterday, "Munk Debates" fostered a debate between David Rosenberg and Paul Krugman who voiced opinions for the "Japan Syndrome" versus Ian Bremmer and Larry Summers on the opposition.
You can skip to about 29 minutes for the debate to actually start. The first four opening remarks give you the broad concepts and from there you can decide - are we becoming Japan or not.