Lost Decade (Napoleon's World)

Lost Decade is a term referring to the fallout from the collapse of asset bubbles in Europe and East Asia in the early 2000s, with the following ten year period - leading up to the Spring of Nations in 2012-13 - being viewed as a "lost decade" of opportunities during the anemic or nonexistent recovery from the 2002 financial crisis, high unemployment, and political stagnation. The Lost Decade is widely viewed as being a direct catalyst of the Spring of Nations. In China, those born during the 1980s are widely referred to as the "lost generation" due to the economic situation they inherited as young adults.