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10 year JGB vs 10 year US treasury, 10 year lag

Posted on February 15, 2011 @ 3:40 pm (Tuesday) by WARREN MOSLER

Because we believe we can be the next Greece, we continue to work to turn ourselves into the next Japan?

Japan’s surplus years were 1987-92, ours were about 10 years later from 1997 to 2001.

Both ended in stock market crashes and lower rates.

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