11.21.09
Fears of ‘Lost Decade’ Grow
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NY Times, November 21, 2009
Fears of ‘Lost Decade’ Grow for British Economy
By LANDON THOMAS Jr.
LONDON — Britain may be emerging from recession, but that is
little solace for those who suggest that the economy here might
follow in the steps of Japan’s lost decade in the 1990s unless the
twin threats of burgeoning national debt and ruined banks are
adequately addressed.