tag:blogger.com,1999:blog-6616959642391988608.post4024062239830889273..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Why the U.S. economy is not doomed to a Japan-style deflation or stagnationScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-60059730996852554642014-08-18T15:13:09.754-07:002014-08-18T15:13:09.754-07:00This comment has been removed by the author.McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-74649753130922498872014-08-17T08:39:39.082-07:002014-08-17T08:39:39.082-07:00How will Obama care alter the GDP ?.
(1) transfer...How will Obama care alter the GDP ?. <br />(1) transfer payments from the working to non-working is another tax not even considered a tax<br />(2) Unlike a tax this does not even hit the treasury & we as a nation get little for it. Reminds me of the stimulus.colehttps://www.blogger.com/profile/12252763886272432973noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-5321057992065223672014-08-17T06:47:18.685-07:002014-08-17T06:47:18.685-07:00I believe the US is going Japanese, as is Germany,...I believe the US is going Japanese, as is Germany, but this is more a political future prediction than a current economic one.<br /><br />Only growth policies and limited government can change this future, and there is no political will to move in that direction. Just as Japan and Europe only have Left and Center Left parties in power, the US parties have shifted to the Left.<br /><br />With PD Dennisonhttps://www.blogger.com/profile/10012560806774461700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49214505987857513402014-08-16T20:31:06.963-07:002014-08-16T20:31:06.963-07:00The reason for Japanese stagnation, and the reason...The reason for Japanese stagnation, and the reason why the US is *not* going to succumb to the same fate, has everything to do with demographics. The population of Japan has been shrinking for several years now and holds little prospect of reversing course any time soon, unless the Japanese either open themselves to more immigration, and/or there is a sudden baby boom. If they were still a poor Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62741445899575347832014-08-16T19:07:45.905-07:002014-08-16T19:07:45.905-07:00Excellent blogging, and fascinating scenarios ahea...Excellent blogging, and fascinating scenarios ahead.<br /><br />We have heard for five years that inflation and interest rates are going to the moon.<br /><br />But instead we see sogginess. Not yet deflation--although the boys at George Mason U. say inflation measures tend to overstate inflation. Maybe so.<br /><br />Chief Yellen is halting Fed QE even though the Fed still below its 2 percent Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55876510266862464102014-08-16T12:54:06.429-07:002014-08-16T12:54:06.429-07:00And don't forget the IMF.And don't forget the IMF.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-11508100123858023352014-08-16T12:13:40.701-07:002014-08-16T12:13:40.701-07:00Given the gargantuan amount of money invested in t...Given the gargantuan amount of money invested in the sovereign debt of the Eurozone, Japan and the US {the most indebted nation of all}, I cannot fathom why such investors would accept such ridiculously low returns on 10 year bonds. The vast majority of these investments are one way or another managed by "professionals": insurance companies, pension funds, sovereign wealth funds, Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-17424622414672182002014-08-16T12:08:03.814-07:002014-08-16T12:08:03.814-07:00This comment has been removed by the author.Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43098785436259876642014-08-16T09:32:13.800-07:002014-08-16T09:32:13.800-07:00Money flows to the highest risk adjusted after tax...Money flows to the highest risk adjusted after tax rate of return. That is the case in a normal world market. So Japan and Germany having the lowest rates must mean their bonds are the best deals in world. Or, the world market is really screwed up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23093747541946733822014-08-16T04:11:43.344-07:002014-08-16T04:11:43.344-07:00what I find most interesting about the first graph...what I find most interesting about the first graph is that it appears that US and german bond yields are highly correlated AND converging. either german yields need to rise or US yields to to drop-a lot unless of course that convergence ceases.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.com