CNBC featured three stories Monday that illustrated how much the "New Normal" in the United States is very similar to post-bubble Japan, as well as the 1930s.
Boomer Retirement Could Slow US Recovery: Fed StudyThe aging of the U.S. baby boom generation may slow an already weak recovery as boomers sell stocks to pay for retirement, according to research released Monday from the San Francisco Federal Reserve Bank.
Number of Delinquent Mortgages on the Rise Again Consumer Debt Forgiveness May Be Needed: Roach