Thursday, January 14, 2016

Japan: Deflated generation -

Japan: Deflated generation - "This year’s celebrants, born in 1995 and 1996, are the first to have spent their entire journey to adulthood in an economy of mostly falling consumer prices. Their lives have been so infused by the phenomenon that several say deflation, one of the main obstacles to growth through the 2000s, has evolved into a source of low-level apprehension that limits ambition."

'via Blog this'

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