Comments on: Although Experts Said it Could Never Happen, U.S. Crisis Looking Like a Repeat of Japan’s “Lost Decade” http://moneymorning.com/2009/03/03/japans-lost-decade/ Global Investment News Fri, 25 May 2012 18:42:41 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Carles http://moneymorning.com/2009/03/03/japans-lost-decade/comment-page-1/#comment-11667 Carles Thu, 21 Jan 2010 14:16:23 +0000 http://www.moneymorning.com/?p=5320#comment-11667 This year China has replaced Japan as World's 2nd largest economy. Goldman Sachs said that China would replace Japan around 2020, it has happened ten years before. GS also said that China would replace US as World's largest economy in 2050, some voices say this will happen around 2020, but if the US default and things go worse it could happen in a shorter period. What makes China great is that they are getting all this without wars, ok, there are internal conflicts with some groups but the US became the 1st economy stealing and with force, China doesn't do it. If the US default and it forces the US army to go back home, the World will be a better place. This year China has replaced Japan as World's 2nd largest economy. Goldman Sachs said that China would replace Japan around 2020, it has happened ten years before.

GS also said that China would replace US as World's largest economy in 2050, some voices say this will happen around 2020, but if the US default and things go worse it could happen in a shorter period.

What makes China great is that they are getting all this without wars, ok, there are internal conflicts with some groups but the US became the 1st economy stealing and with force, China doesn't do it.

If the US default and it forces the US army to go back home, the World will be a better place.

]]> By: Elliott Wave Disciple Robert Prechter Sees a Possible 2,000 Dow http://moneymorning.com/2009/03/03/japans-lost-decade/comment-page-1/#comment-5562 Elliott Wave Disciple Robert Prechter Sees a Possible 2,000 Dow Tue, 19 May 2009 10:01:47 +0000 http://www.moneymorning.com/?p=5320#comment-5562 [...] more closely resembles the British crisis of 1972-75, which caused a drop of 72% from the high, or the Japanese crisis after 1990, which brought a drop of 70% within three years, and led to a long-term bear market that has left [...] [...] more closely resembles the British crisis of 1972-75, which caused a drop of 72% from the high, or the Japanese crisis after 1990, which brought a drop of 70% within three years, and led to a long-term bear market that has left [...]

]]> By: ralph http://moneymorning.com/2009/03/03/japans-lost-decade/comment-page-1/#comment-5561 ralph Wed, 04 Mar 2009 03:30:15 +0000 http://www.moneymorning.com/?p=5320#comment-5561 Anyone who thinks that he can predict the future of the stock market hand better have his brains examined Anyone who thinks that he can predict the future of the stock
market hand better have his brains examined

]]> By: li jackson http://moneymorning.com/2009/03/03/japans-lost-decade/comment-page-1/#comment-5560 li jackson Tue, 03 Mar 2009 19:25:44 +0000 http://www.moneymorning.com/?p=5320#comment-5560 The "sense of déjà vu" Mr. Fitz-Gerald alludes to, may apply equally well to the period from the prelusion, to the conclusion, of WW II, when the predominance of Europe as the epicenter of world leadership shifted decidedly across the pond... It was ripe! If Mr. Fitz-Gerald is right about the "second coming" of the Lost Decade, then the possibility of the US being gradually, but steadily marginalized -- and at an accelerated pace -- cannot be dismissed. If indeed a void emerged, it will be filled by "someone, somehow". The ostensible reality is, there seem to be less than a handful of contenders poised for the prime position... and the transition will likely be marked by tumultuous, monumental changes on a global scale. Granted, it may be too early to apprehend such a scenario. But still, this is something the forward-looking set may want to contemplate on. The "sense of déjà vu" Mr. Fitz-Gerald alludes to, may apply equally well to the period from the prelusion, to the conclusion, of WW II, when the predominance of Europe as the epicenter of world leadership shifted decidedly across the pond… It was ripe!

If Mr. Fitz-Gerald is right about the "second coming" of the Lost Decade, then the possibility of the US being gradually, but steadily marginalized — and at an accelerated pace — cannot be dismissed.

If indeed a void emerged, it will be filled by "someone, somehow". The ostensible reality is, there seem to be less than a handful of contenders poised for the prime position… and the transition will likely be marked by tumultuous, monumental changes on a global scale.

Granted, it may be too early to apprehend such a scenario. But still, this is something the forward-looking set may want to contemplate on.

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