Authored by Charles Hugh-Smith of OfTwoMinds blog,
The Japanese model of incrementally perfecting consumer technologies may well have have reached marginal returns.
Japan and the Exhaustion of Consumerism
The Hidden Cost of the "New Economy": New-Type Depression
The Future of America Is Japan: Stagnation
The Future of America Is Japan: Runaway Deficits, Runaway Debts
NEW VIDEO: CHS and Gordon Long discuss Lessons From Japan: "How has Japan avoided an economic death spiral?". (24 minutes, 35 slides)