The lost decade is no longer exclusively a Japan story.

失去的十年不仅仅只是日本的故事。

youdao

This is in sharp contrast with the experience of post-bubble Japan, which indeed had a lost decade and more, but its corporate sector was plagued by zombie rather than productive firms.

企业获得利润生产力得以提升，这是经济健康的标准，并最终有助于其他部门得以复苏。 美国经济与日本的泡沫经济后期将形成鲜明的对比，日本经济消失长达十年之久，有生产力的企业完全被“僵尸”企业拖累。

youdao

But the same was predicted of Japan in the 1980s before its bubble burst, resulting in a lost decade of sluggish growth. The gap between Japan and America has instead widened.

然而，就在80年代的日本经济泡沫破灭之前，人们对它也有过同样的预测，随之而来的“失落的十年”，日本经济一直处于停滞状态，它与美国之间的差距非但没有缩小，反而扩大了许多。

youdao

If it does, then, like Japan, it is likely to suffer a lost decade.

ECONOMIST: The credit crunch

Some are now talking openly of a Lost Decade, much like Japan's lost years after its great property crash at the end of the 1980s.

BBC: Economy: bonds, austerity, debt and the Age of Plenty

He is a highly intelligent, roundish bald man a Harvard-educated economist whose analysis of Japan helped that country end its Lost Decade in the early 2000s.

FORBES: The Argument Against Fiscal Cliff Austerity: Just Look At Britain's Mess