Dan Celia: “We’ve watched Japan do this for 12 years. That’s the problem — nobody really cares about the economy stalling,” he submits.
“The worst-case scenario [to most people] is the economy stalls and we have more people on unemployment benefits and more people collecting government assistance of some sort in order to survive.”
When it comes to gross domestic product (GDP), the expert recognizes that some people think anything above a negative number is a good thing.
“It’s never going to be a good thing,” Celia asserts. “It’s never going to lead to might, strength and prosperity in America like we have experienced over the last 50 years.”