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February 4, 2012

If Japan's Our Worst-Case Scenario, We're OK

Morgan Housel, The Motley Fool

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Far from overtaking the United States, as experts predicted in the early 1990s, Japan's economic growth stagnated for two decades, its stock and housing markets collapsed, and its government entombed itself in debt. Now, it's popular to say the U.S. is headed down that path. But Fool analyst Morgan Housel argues that such a path ain't so bad after all.

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TAGGED: economy, Morgan Housel, Japan

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