Meanings of deflationary quagmire in English

Otherwise, Japan's exit from the deflationary quagmire might just end up pushing Korea into it.

While that would indeed have been the job description in normal times, Japan is stuck in a deflationary quagmire.

This is the deflationary quagmire which Japan sank into long ago, and which now looks set to engulf the eurozone.

With interest rates already rock-bottom, and political obstacles ranged in the way of more creative solutions, Europe could potentially sink deep into a deflationary quagmire.

Concerns that the increased levy might squeeze consumption are legitimate: the economy slipped into a deflationary quagmire after the last sales tax hike in 1997.