RE:USA is the next Japan.. in a doldrum for the next 30 yrsGreat!!...But I hope you're not comparing USA with China. China does all Manufacturing fir USA ....eg. Apple Phone and TESLA where China has duplicates ==Wuawei Phone and China Electric Cars...same technology with Chinese Name, Besides, China orints it's own Black Money to buy the World's Real Estate. Australia, Canada and now coming to USA.....Beware World. You're SOLD OUT!!! To Covid-19!!!!
GG20200 wrote: Japan Economy was the same size as United States in the late 80s .. GDP around $10 trillion.
Japan went into a Real Estate Crisis and Banking Crisis, the japanese economy went down the toilet afterward down from $10 trillion to $5 trillion GDP in just few yrs.
The japanese was the 1st Country to use QUANTITATIVE EASING to fight recession and deflationary forces since 1999. From the 90s to now 2021 ( 30 yrs already ) the Japanese economy still sitting at $4 to $5 trillion GDP with basically little to negative growth for 3 decades.
The BOJ or Bank of Japan used every tricks in the books to tackle their economic downfall racked up with HUGE DEBT by initiating non-stop MONEY PRINTING .... debt to gdp ratio from when 150% to now 260%
The Japanese already used QUANTITATIVE EASING, FORWARD GUIDANCE, BUYING JAPANESE STOCKS, YIELD CURVE CONTROL, NEGATIVE INTEREST RATES and many more tricks..... Japan still in a doldrum. The japanese have way more experience than the American, and they still can't get out of it due to their heavy debt load and dying economy.
The US Federal Reserve so far practiced Forward Guidance, Quantitative Easing, and soon going to be practicing YIELD CURVE CONTROL to fight inflation.
Keep in mind, if the FED raised interest rates too soon, the US economy will go into a Financial Crisis, and Real Estates Crisis, you see the US gdp get cut in half like Japan and probably go into a 30 years doldrum with no growth similar to Japan.
US national debt is now close to hitting $30 trillion, another way of putting it..... the FED CANNOT RAISED RATES .. the Fed going to be doing YIELD CURVE CONTROL next similar to what Japan did when their Country are in a debt trap.
BUY BITCOIN ........ the BOND MARKET IS DEAD /// USD is DEAD
Many Big US corporation going to be buying Bitcoin next ... they going to buy less bonds and start moving into Bitcoin.
BUY BITCOIN
BUY GALAXY