Fraser Nelson Fraser Nelson

Prepare for a Japanese-style lost decade

Zombie banks and high unemployment look set to curse our economy as they did Japan’s, say Fraser Nelson and Mark Bathgate. A Conservative government could avoid disaster, but only if it is prepared to face the painful reality

issue 28 November 2009

Zombie banks and high unemployment look set to curse our economy as they did Japan’s, say Fraser Nelson and Mark Bathgate. A Conservative government could avoid disaster, but only if it is prepared to face the painful reality

To say a country is turning Japanese has a very special meaning to economists.

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