Should we the USA follow the same economic strategy that Japanese did to combat this? …. which I believe to cut the interest rate all the way to 0% for maintaining the stable stagnant economy welfare and keep the banks for running the economy.
It seems like that’s the best solution for our country in order to prevent the Great Depression which will soon hit the Housing Main Street and the Financial Wall Street if the interest rate stays at the 5.25% current level.
