Interest Rates: Peterson Institute and Japan Germany

interest rates: Economists insist there are limits to the comparison, though, while acknowledging that a prolonged period of European stasis, deflation and central bank impotence remains a threat, according to The Japan Times. I'm very worried about it, said Adam Posen, president of the Peterson Institute for International Economics, whose areas of expertise include both Japan and Germany. The region's bout of misery this year Germany's industrial slump and the struggle to fix its banks, Italy's inability to reform, the apparent defeat of central bankers seeking to wean the euro area off stimulus may seem to make perpetual malaise look inevitable. ; The eurozone's economy is similar in important ways to its Asian counterpart two decades ago Interest rates at or below zero, the mountains of debt and nonperforming loans, populations transitioning from an aging society to an aged one. Europe's Japanification is a real risk. Here are some of the ways Europe is heading in that direction and some of the ways it isn't. Japan's so-called lost decade, triggered by the bursting of a bubble in stocks and real estate, pushed the economy into anemic growth or none at all, with rising unemployment and falling interest rates. (news.financializer.com). As reported in the news.