The major difference between that and what Japan is experiencing is that The Great Depression was cause by inflationary causes, not deflation, and the US government printing more money wasn’t going to help there. Meanwhile Japan has been printing boatloads of money for decades trying to trigger inflation, and are barely managing to stave off deflation.
The other major difference is that during The Great Depression, US couples were having children. Japan has been in a population Freefall the entire time.
The major difference between that and what Japan is experiencing is that The Great Depression was cause by inflationary causes, not deflation, and the US government printing more money wasn’t going to help there. Meanwhile Japan has been printing boatloads of money for decades trying to trigger inflation, and are barely managing to stave off deflation.
The other major difference is that during The Great Depression, US couples were having children. Japan has been in a population Freefall the entire time.