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Re:San Francisco Bubble by api on Friday January 29, 2016 @01:25PM (#10997251)
"Zero-bound" means "at or near zero." Inflation is easy to kill in today's world: just raise interest rates a little tiny bit for a short period of time and the deflationary downdraft will snuff any little inflationary ticks upward. But they'll be forced to drop rates again quickly or we'll fall back into deflation. The instant they raise rates the debt defaults and asset price collapses will start.

Earth is now Japan. Perhaps Mars is the next America.

Re:San Francisco Bubble by matzipan on Friday January 29, 2016 @01:33PM (#10997337)
Earth is not Japan yet. We still have China and India...
Re:San Francisco Bubble by api on Friday January 29, 2016 @02:23PM (#10997773)
China is facing a demographic cliff similar to what happened to Japan after the 80s boom. India and Africa could experience growth for a while but they have major problems, chief among them very deep structural corruption at all levels of society. Even if they can overcome this they will eventually face the same demographic cliff as China today and Japan in the 90s.