How the U.S. economy could slide into a Japan-like ‘lost decade'
Apple(US:AAPL) Market Watch·2024-03-03 00:44In the 1980s, Japan appeared to have the world by the tail, only to see its economy collapse into a “lost decade” and general malaise. A similar fate for the U.S. seems unimaginable nowadays. The U.S. is scoring big wins in the latest, fast-growing technologies: artificial intelligence, including Microsoft’s investment in OpenAI; Alphabet, Amazon.com and Meta Platforms leading the tech giants exploiting the internet; and Elon Musk’s Neuralink and SpaceX pushing the limits of innovation.Yet misguided governm ...