U.S. in Worse Shape than Japan Was

Jean-Paul Cassone submits: Martin Sieff of UPI.com, when discussing the economic and financial crisis the United States now faces, says it is not remotely comparable to the one Japan faced nearly 20 years ago. It is potentially far worse, and the kind of decade long stagnation that Japan then suffered would be mild compared with other all too possible outcomes. By contrast, the United States...