 | Asset bubble pops in 1989: Start of the Lost Decades Japan's past feels like our future Incredible documentary! Shares the story of the Bank of Japan. The US appointed Central Banker, Eikichi Araki, to the Bank of Japan and was tasked to rebuild the economy. Except Araki had a personal problem: He informed US handlers
US denied his resignation. They made him Japanese Ambassador to the US. Once the heat passed, he was sent back to the Bank. Doc covers the history of Japan's post-war economy. It gets creepy & unsettling when it reaches the 80's. Particularly if you aren't familiar with the events that took place in Japan during that time frame and the lengthy impact. BTW, its available on youtube [link] [comments] |
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