Quotes

WEST SHOWS WORRYING SIGNS OF ‘JAPANISATION’

RICHARD MILNE, FINANCIAL TIMES, AUGUST 19, 2011


TURNING JAPANESE – DEBT, DEFAULT AND THE WEST’S NEW POLITICS OF PARALYSIS

THE ECONOMIST, COVER STORY, JULY 30TH – AUGUST 5TH 2011


AMERICA FLIRTS WITH A FATE LIKE JAPAN’S

CLIVE CROOK, FINANCIAL TIMES, JUNE 19, 2011


HOW TO AVOID OUR OWN LOST DECADE

LAWRENCE SUMMERS, FINANCIAL TIMES, JUNE 12, 2011


 THE U.S. IS CLOSER TO JAPANESE-STYLE OUTCOME TODAY THAN AT ANYTIME IN HISTORY

JAMES BULLARD, PRESIDENT AND CEO OF FEDERAL RESERVE BANK OF ST. LOUIS, JULY 29, 2010


AVOIDING A JAPANESE DECADE

EDITORIAL, THE NEW YORK TIMES, JANUARY 3, 2010


IS THE US ECONOMY TURNING JAPANESE?

CHRISTOPHER WOOD, EQUITY STRATEGIST, CLSA LTD HONG KONG, NEW YORK TIMES, OCTOBER 26, 2009


WILL WE BECOME ZIMBABWE OR WILL WE BE JAPAN?

MERLE HAZARD, COUNTRY SINGER, LYRICS OF “INFLATION OR DEFLATION”, 2009


WHAT HAS JAPAN’S “LOST DECADE” TO TEACH US?

MARTIN WOLF, FINANCIAL TIMES, FEBRUARY 17, 2009


WE SAW THIS HAPPEN IN JAPAN IN THE 1990S, WHERE THEY DID NOT ACT BOLDLY AND SWIFTLY ENOUGH AND, AS A CONSEQUENCE, THEY SUFFERED WHAT WAS CALLED THE LOST DECADE

PRESIDENT OBAMA, IN HIS FIRST PRESIDENTIAL PRESS CONFERENCE, FEBRUARY 9, 2009


EVERY TIME I HEAR A POLICY MAKER SAY ‘WE ARE NOT JAPAN’, I FEEL IT’S MORE LIKE JAPAN

PROF. KEN ROGOFF, HARVARD UNIVERSITY, QUOTED IN THE ECONOMIST, JANUARY 10, 2009


WITH EACH PASSING DAY, THE US IS LOOKING MORE AND MORE JAPANESE

PAUL KRUGMAN, NEW YORK TIMES, SEPTEMBER 8, 2008


WE MIGHT BE DRIFTING INTO A JAPANESE-LIKE SITUATION

HILLARY CLINTON, QUOTED IN WALL STREET JOURNAL, MARCH 26, 2008


JAPAN’S HARSH LESSONS COULD EASE THE PAIN OF TODAY’S CRISIS

RICHARD KOO, CHIEF ECONOMIST, NOMURA SECURITIES, FINANCIAL TIMES, JANUARY 24, 2008


ONE OF THE TALKING POINTS OF RECENT YEARS HAS BEEN THE REMARKABLE SIMILARITY BETWEEN THE POST-BUBBLE BEHAVIOR OF US EQUITIES (AND BONDS) AND WHAT HAPPENED IN JAPAN ROUGHLY TEN YEARS EARLIER.

JONATHAN WILMOT, CREDIT SUISSE, GLOBAL PERFORMANCE MONITOR, FEBRUARY  23, 2004


JAPAN AND THE US: BUBBLE, BUBBLE, TOIL AND TROUBLE…..FOREBODING COMPARISONS BETWEEN THE UNITED STATES AND JAPAN ARE GAINING RENEWED CURRENCY

DAVID LEONHARDT, THE NEW YORK TIMES, OCTOBER 2, 2002


ASIDE FROM THE THEN RECENT EXPERIENCE OF JAPAN, ONLY HISTORY BOOKS AND MUSTY ARCHIVES GAVE US [AT THE FEDERAL RESERVE] CLUES TO THE APPROPRIATE STANCE FOR POLICY

ALAN GREENSPAN, JACKSON HOLE SYMPOSIUM, AUGUST 30, 2002


IS US 2001 JAPAN 1991? COULD THE BURST US BUBBLE LEAD LIKE JAPAN’S TO A DECADE IN THE DOLDRUMS

BRIAN READING, LOMBARD STREET RESEARCH, APRIL 17, 2001


IN THIS REGARD [SITUATION OF US], IT MAY BE INSTRUCTIVE TO CONSIDER THE EXPERIENCE OF JAPAN IN THE 1980S…THESE CONDITIONS SEEM SIMILAR TO THE RECENT US EXPERIENCE.

BANK FOR INTERNATIONAL SETTLEMENTS, 70TH ANNUAL REPORT, JUNE 5, 2000