“What happens to the social fabric of an advanced-economy nation after a decade or more of economic stagnation? For an answer, we can turn to Japan. The second-largest economy in the world has stagnated in just this fashion for almost twenty years, and the consequences for the ‘lost generations’ which have come of age in the ‘lost decades’ have been dire. In many ways, the social conventions of Japan are fraying or unraveling under the relentless pressure of an economy in seemingly permanent decline.”
http://charleshughsmith.blogspot.com/2013/08/americas-social-recession-five-years.html
Related posts:
Inclusionary Zoning Makes Housing Less Affordable
The Daily Bell - Investment Trends 2014
The risk of taking on Syria
Will Grigg: Put Not Your Trust In Federalized Sheriffs
Should You Be Forced to Vote?
Ten Ways to Reduce Terrorism - Can We Admit The War On Terror Has Failed?
To Lower Healthcare Costs, End The "Certificates Of Need" Racket
Lew Rockwell: American Fascism
Inflation: Robbing You Since the 10th Century
A Little Bit Of History To Think About
Government Spying Has Always Focused On Crushing Dissent … Not On Keeping Us Safe
Murray Rothbard: Fighting for Oil? [1990]
The Syria Endgame: Strategic Stage in the Pentagon’s Covert War on Iran
Australia’s Carbon Tax: Lessons for the United States
Let Him Without a Plank in His Own Eye Cast the First Stone