CNN Fareed Zakaria GPS January 19, 2014 15:28:00
Be good news. how on earth is that possible? after all, china relaxed its one-child policy last month precisely so it could avoid the fate of japan. and that fate, if you go by conventional wisdom, seems to be slowing growth and leading to unsustainable debt. why? our entire system is based on having enough young workers to pay for pensions and government services. well, according to the new scientists, perhaps we've been looking at the wrong data. consider growth. the number we tend to focus on the most. look at the performance of a selection of rich countries in the last decade. japan's econ...