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IPFS News Link • Economy - International

Deflation in Japan vs. Deflation in the US

12-13-2006 • Mish Shedlock's Global Economic Trend Analysis

U.S. banks currently hold record amounts of mortgage-related assets on their books. If the housing market were to go into a deep recession resulting in massive mortgage defaults, the U.S. banking system could sustain huge losses similar to Japan'

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Deflation in Japan vs. Deflation in the US

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