Japanification is back. The slowdown in European growth and inflation has Wall Street once again raising the fear that Europe is turning Japanese, something Bank of America Merrill Lynch argues is now the “most consensus trade in the world.”
Japan, of course, has struggled for years with low inflation, and its stock market has never recovered from a crash nearly 30 years ago. Europe has some strong similarities. The European Central Bank and the Bank of Japan have both tried long periods of zero and now negative interest rates,...
Source: News Formal (newsformal.com)
Japs culture is really delicate and good
I like the pun.
That's an insult to the Japanese.
Nice lead in words.
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