cardude
Full time employment: Posting here.
- Joined
- Feb 21, 2006
- Messages
- 599
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?
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?