The Financial Crisis That Set Japan’s Economy Back Two Decades
The Japanese asset price bubble was an economic bubble in Japan in the 80s in which the stock market prices were wildly inflated through speculation. In the early 1990s, this price bubble burst, and Japan’s economy stagnated in the ‘lost decades’.
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1 Comment
The effect low growth effect a lot canada and usa.i saw myself the result lumber and mining in bc.i left for alberta.japan was in big trouble amount speculation plus scandals LTCM never at all situation in japan.many bank just hang there.imf start get worries about japan because could spread around world.