The Japanization Of Europe In 9 "Different This Time" Charts

Still convinced it's different this time? Think again... these 9 charts suggest Europe is very much on its way to Japan... and remember Japan was doing QE through this period too...

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"People often frame problems both in Japan and in the Euro area in terms of deflation... [so they] tend to think that they are monetary problems that can be easily solved by monetary policy, and poor policy prescriptions can result.” - Masaaki Shirakawa

Clearly that is not working!

Source: Goldman Sachs