what I’m curious about is could this Japanese stagnation economy will happen to the US now as the Fed is ready to cut the rate lower in order to please the Wall Street gangs?
if I’m not mistaken, the japanese interest rate is very very low for more than a decade … approaching to 0% which i assume intentionally being designed to attract many foreign countries to borrow money while preserving the central financial systems there.
This strategy could happen to US soon and I don’t see no big issue for the average consumers anyway since they get a chance to keep their overvalued home at a flat level instead of drop like a stone instantly, as long as they can pay their monthly mortgage to the bank regularly.
I think the average consumers will do the same thing that they did in the past which is saving their incomes to house and stock markets, which should be just fine. This could be a win win situation for both the Main Street and the Wall Street.
