Thirty years of negative stock market returns and multiple "lost decades" are failures the U.S. economy does not want to experience.
Yet, unprecedented amounts of quantitative easing and skyrocketing debt in the United States are starting to cause concern that America could follow that path – the same one traveled by Japan.
Money Morning Chief Investment Strategist Keith-Fitz Gerald appeared on FOX Business Network's "Varney & Co." program Monday morning to discuss a startling statistic that makes the U.S. economy look like it's mirroring that of Japan.
According to Fitz-Gerald, we're headed down a similarly dangerous slope, one that most Americans cannot accept.
Watch the accompanying video to hear more about these flashing red warning signs and what Fitz-Gerald says could be in the U.S. economy's future.