Tortoise Economy

Dictionary Says

Definition of 'Tortoise Economy'

An economy that is growing slowly or not at all over time. The classic example of a tortoise economy is the Japanese economy during the Lost Decade in the 1990s. During that time, interest rates remained near 0% while economic expansion was non-existent.
Investopedia Says

Investopedia explains 'Tortoise Economy'

The phrase "tortoise economy" was first popularized by Robert Reich in his description of the U.S. economy during the financial crisis that began in 2007-08. In the years following the recession, U.S. growth remained slow, and interest rates were very low.

Search results for

'Tortoise Economy'

  • Steady Growth Stocks Win The Race

    http://www.investopedia.com/articles/stocks/09/steady-growth-stocks.asp
    ... February 02 2009 | Filed Under ยป Stocks. In the well-known fable "The Tortoise and
    the Hare", the tortoise scores a surprising victory in his footrace against ...
  • 5 Resources To Learn To Retire Rich

    http://www.investopedia.com/articles/retirement/09/retire-rich-books.asp
    ... approaches that economists use to measure the economic health of the economy and
    techniques ... 1. "The Tortoise and the Hare" (~600 BC) , an Aesop Fable Given the ...
  • ADP Analyst Meeting: A Review

    http://stocks.investopedia.com/stock-analysis/2009/ADP-Analyst-Meeting-A-Review-ADP-FNM-FRE-XRX-ERIC0331.aspx
    ... (Take a page from the "Tortoise and the ... a plausible scenario under which one of the
    few remaining AAA-rated companies would thrive once the economy recovered. ...
  • Index Mutual Fund Or ETF: Which Is Right For You?

    http://www.investopedia.com/articles/exchangetradedfunds/11/etf-or-imf.asp
    ... It's worth remembering that the index mutual fund may look like the tortoise and
    the exchange-traded fund like the hare in Aesop's fabled race, and we all know ...

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