The David Lin Report · Wednesday, August 12, 2026
The speaker draws a parallel between the current US economic situation and Japan's experience with secular stagnation. They note that Japan's long-term interest rates are also rising, suggesting a global trend or a shift in economic dynamics influenced by quantitative easing and the struggle to escape stagnation.
“I think it's a little bit different this time because of what's happening in Japan.”
“And if we start talking about secular stagnation, where it really started, it was out of Japan, out of the 80s.”
“We have, you know, quantitative easing and pushing on a string. And Japan is trying to get out of secular stagnation as well. And their long end is going up.”