Japan has its own issues that have kept it in a virtually stagnant economy for the last 10-15 years. The entire country's natural tendency is to fold back into itself and create pockets of isolation from the outside world - a tendency that has repeated itself for most of their history. It's difficult to draw large scale economic parallels like this without discussing the underlying DNA of the culture supporting the economy in question.
The US also has some serious issues, culturally and economically (duh) but I honestly think we're in better shape. There is of course a very real possibility that we're heading into a time of depression that could last years, but the spark of innovation seems alive and well to me. It may be a little misplaced at the moment but the market has its own ways of correcting that.
The US also has some serious issues, culturally and economically (duh) but I honestly think we're in better shape. There is of course a very real possibility that we're heading into a time of depression that could last years, but the spark of innovation seems alive and well to me. It may be a little misplaced at the moment but the market has its own ways of correcting that.