---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/33280005.md"
description: "The recovery of economic vitality and capital formation is often slow (even in a harmonious deleveraging process), usually taking 5~10 years (hence the term "lost decade") for real economic activity to reach previous peak levels. —"The Big Debt Cycle""
datetime: "2025-08-24T04:02:55.000Z"
locales:
  - [en](https://longbridge.com/en/topics/33280005.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/33280005.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/33280005.md)
author: "[豪贼](https://longbridge.com/en/profiles/10720720.md)"
---

# The recovery of economic vitality and capital form…