us euro real wages v productivity

Is The U.S. Heading Toward Its Own ‘Lost Decade’?

The U.S. economy is finally rebounding after five difficult years, but the aftermath of qualitative easing, and earnings skewed heavily towards profit over labor, have put the U.S. in a situation similar to Japan’s before its Lost Decade (a period of sustained de-leveraging and economic stagnation, sometimes now called the lost twenty years) that the country only now appears to be truly exiting.

Japan's asset bubble collapse

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