Date: May 2013: The Mother of All Painted-In Corners | Thoughts from the Frontline Investment Newsletter | Mauldin Economics

After the collapse of what might still be the largest economic bubble in history, in 1989, Japan is still mired in a 24-year non-recovery. Nominal GDP in 2011 was almost exactly what it was 20 years earlier, in 1991 (MeasuringWorth.com). You can find other ways to measure nominal GDP which indicate limited growth; but compared to the US and China, nominal growth in Japan has been paltry. - John Mauldin 

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