Eurozone risks 'Japanisation' and 'lost decades' of economic growth

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The eurozone economy is sliding toward “Japanisation”, an extended period of inescapable stagnant growth, subdued inflation and ultra-low interest rates, economists have warned.

The eurozone economy is sliding toward “Japanisation”, an extended period of inescapable stagnant growth, subdued inflation and ultra-low interest rates, economists have warned.

 

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I wonder if the Telegraph is being racist when using the term 'Japanisation'?

As opposed to the last 10 years?

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