tag:blogger.com,1999:blog-7296410208500992185.post8359432688185711981..comments2023-10-30T05:03:34.290-04:00Comments on Vinny Catalano: The US is not JapanVinny Catalano, CFAhttp://www.blogger.com/profile/13958861468295795061noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7296410208500992185.post-86718819572696043812008-12-18T13:46:00.000-05:002008-12-18T13:46:00.000-05:00From what I recall there was also a significant so...From what I recall there was also a significant sociological component to the issues in Japan throughout their deflationary period. The rigidity among the elite rentier class and their unwillingness to sacrifice power and status for the greater good of their institutions and the nation on whole ultimately obstructed their reconciliatory actions. While this generalized take is certainly applicable to the US, the degree to which pricing was disrupted by Japans' reluctance to restructure will not be witnessed in America.Derek from Cloud9 Sportshttps://www.blogger.com/profile/04182022869129564003noreply@blogger.com