Japan's asset bubble collapse and flat GDP per capita that began in the 1990s represented a warning signal for the Western world, which—except for the US—has experienced flat GDP per capita since the early 2010s, suggesting Japan preceded the rest of the developed world down a path of asset deflation and stagnation.
causalpending
Speaker
Unidentified Speaker — Global Macro Investing And Geoeconomics With Hedge Fund Inv… [r_BDYDx5Pk4]Evidence Quote
“Japan is kind of strangely ahead of the US and the Western world...you look at uh most of the Western world except for the US now has had flat GDP per capita since the early 2010s”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 8/11/2026, 7:32:16 AM
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