Japan in the 1990’s suffered one of the greatest financial blowouts in history. In this episode we take a look at the formation and bursting of the great Japanese bubble and the ripple effects that can still be seen today.
Sources and Show Notes: https://docs.google.com/document/d/17-6CfOcmQYZWhypkYP6p93ZZq68Jh2JnIoyNAgmZtZQ/edit?usp=sharing
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Producer: Dagogo Altraide, Tawsif Akkas
Writers: Meehan Kathan, Dagogo Altraide
Editors: Brayden Laffrey, Dagogo Altraide
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I love how as soon as you start talking about the golf clubs, your voice starts trembling like you can barely contain your laughter
There's an actual song about the japan economic bubble? really informative stuff.
To all the Canadians watching, this is what’s coming for us. Leave now while you can.
Basically Japan was screwed by the US and Japan agreed to it.
Of course US knew what was coming after that
almost as if being culturally closed off to the rest of the world is a bad idea in 2024
🎉 great work when touched upon the role US played in this last decade.
The reality of China stole the world we know it.
The song just killed it all😅
Modern day western economies are the same today. Globalisation and tech have had a disastrous effect on the financial lives of young people.
After all these 20 years of suffocation, recent younger generation in Japan has little to no expectation for lifelong employment, which has been epicenter of Japan’s corporate culture. This is because younger generation has never seen good time in their lifetime. And they have seen the lost generation being extorted until Kaoru-shi.
Interestingly, this new trend and aging society makes job mobility higher and it forces cooperations to increase salaries.
its not bubles who japan main driver to down its china china replace it in to cheap goods japan is tirn cheap goods to very high value goods its eyeby china its make super low price goods its almost all company in jspan manufacturin crample to down cos no buyer of ther high value goods its turn the buyer to china so multinational chose china insted japan to fo bussines lot of buyer in china low labor low material japan super plus its standard registerder goods imitate by china its almost double pain to japanese manufactirer japan slowly dive its manufacturing
Basically America attacked again after WW2
Until the United States came and fucked shit up 🤣🤣🤣
Dustin: "You’re going to sleep"
Also Dustin: taps and then goes to sleep
41K – This LAST COMMENT 2024 😅
The US will like nothing more than to replicate the success of the Plaza Accords against China. Fortunately, China is far stronger and more independent than Japan.
Damn. I need to go to Japan.
"Usually a country can't just make more money and use it to buy things from other countries"
laughs in Creature from Jekyll Island
A bitcoin standard might prevent such immense economic growth but also the bitter fall in the future. This whole story sounds like a typical fiat story. F. Fiat
I’m actually so lucky to escape this 9-5 lifestyle. I never liked it because I never felt free.
The universe was generous enough to bless me with a $268mil AUD lottery win. Now I’m just helping people in many ways and giving back.
Everyone should be aware of what is the gold standard and fiat currency. Also, fractional reserve banking. And their implications. It is so absurd, and so damaging, one barely believes it.
Your presentation seemed to blame wholly on the Japanese. What about the US’s role?
01:30 Why would a scene showing a plane landing in Kai Tak Airport, British Hong Kong appear in an episode talking about Japan's economic miracle?
(Well, British HK itself was another economic miracle in East Asia but it is another story…)
Just starting to watch this video… excited to listen and hope to hear that the Japanese economy is under US control… but what a disappointment to hear “when the American occupation ended..” the percentages off thousands of military personal still there proves this a total lie… same for Germany
Idk if someone else has commented this already, but in the video game Yakuza 0, one of the playable characters, Goro Majima, meets a government employee and they get to talking in a bar about economic policies, and the correct answers you're meant to give are the ones that were implemented irl. So within the universe of that game, The Lost Decade is more or less Majima's fault
Borrowing money cheaply, sounds earily familiar to whats going on in America…
What America did to Japan is exactly what they're trying to do to China.
But they fail to realise or refuse to acknowledge their global dominance has waned substantially since then.
This seems to where China is now. Greed is heart of it all.
10% arent exponential …
Great program.
Thank you.
Sounds like the usa
But they didn't pay biden
Whoever read my comment good life is waitting for you ❤😊
This whole (excellent) video is just describing today's western countries younger generations anguish lol I'm 25 and VERY afraid of the future!
How is 63% down from 435% up a "crash" they're still up in that case right?
cant wait to land on this video again 10 years later
Isn't it weid how US acts like they are being viciously attacked when others do to them exactly the same things what US does to others all the time?
so we are suffering because previous generations were just out partying after burning half of earth in waging wars?
That ppl must live and work for themselfs not Yamaha and Samsung owners grandchildren…
Am I seeing things wrong. Looks like the Nikkei has recovered.
Пример того, как Америка не позволяет другим странам иметь сильную экономику. Пусть кто-нибудь мне скажет, что США выступает за свободу и демократию
i always hear “properties” when there is economic problems
What I wonder is : why are the Japanese elderly not investing in their youth? Didn't they have a good chance to capture their wealth and pass it on?
For hardcore Godzilla fans notice at 2:04 and 2:05 those beautiful twin tower type bldgs is where Godzilla and Mecha King Ghidorah fought in the Heisei era 1991 movie Godzilla vs King Ghidorah….
You have some parts showing seoul. Duhhhhhhh
Was there '82 – '99. It was exactly as this documentary described. In just a matter of about 18 months, when the bubble collapsed it was like someone turned off the lights for an entire country ..