Bad Idea To Park Your Money In Stocks
What can Americans expect in the next decade? A savings boom, anemic annual GDP growth, a deflationary cycle, a sickly stock market and a return to boring banking. And this is bad news for countries like Japan and China, whose export growth has depended on Americans’ consumerist behavior. This is the prediction Shilling makes in a recent Forbes article.
…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.