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Daily Archives: August 30, 2014

Is the Lost Decade of Japan a Myth?

Real GDP of Japan and US From 2000 (indexed)

Real GDP of Japan and US from 1980 (indexed)

The only way you can get to the “lost decades” story is if you start your chart exactly when Japan was busting and America booming.

Unsurprisingly, this is standard practice of the “lost decades” storytellers.