BBC NEWS | Business | What caused Japan's recession?
Ran across this link to an article from 2002 about Japan's then 10 year recession. Lots of similarities to today IMO-- struggling after a bubble economy, banks burdened with bad assets, people stopped spending, and then the govenment started spending up to 130% of GDP on stuff that was not needed and lowered rates to 0%.
Sound kind of familiar?
Remember, that was in 2002, and they still haven't recovered.
My question is, how would trying to retire using the SWR idea work out in such a scenario? Has anyone back-tested the SWR idea in an economic environment like Japan has had the past 20 years?
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