Forget the downgrade, says SocGen house bear Albert Edwards, stocks and bond yields were sinking...

|By:, SA News Editor

Forget the downgrade, says SocGen house bear Albert Edwards, stocks and bond yields were sinking well before that as the global economy slips into recession. The West is following the script of Japan's lost decades perfectly. While Japan suffers quietly, one looks at events in London and wonders if things will be the same here.