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Japan was on its way to surpass the United States as the world’s largest economy and the supply of infinite growth and prosperity seemed non-stop…
Then, the party suddenly stopped…
This video is a detailed depiction of Japan's lost decade (1991-2001): The tragic tale of the world’s largest economic bubble burst and its consequences.
Link to the original article: www.konichivalue.com/p/japans...
00:00 - Intro - The Story of Japan's Lost Decade
01:20 - Part 1: 1991-1994
03:16 - The Japanese bubble-burst through the eyes of Katsuhide Kageyama
07:34 - The Japanese government steps in
12:07 - Part 2: 1995-1997 - Everything gets even worse...
15:00 - The Kobe earthquake and the yen appreciation
19:54 - Part 3: 1997-1999 - Reality catches up to the Japanese government
26:21 - Part 4: 1999-2001 - The "end" of the lost decade
28:20 - Outro