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In the late 1980s, Japan was on track to overtake America as the world's dominant economic superpower. Its companies were buying up Manhattan, its cars were crushing Detroit, and its stock market represented nearly half of all global equity value. Serious economists predicted Japan would be number one by the year 2000.
Then it all stopped. For thirty years.
This is the story of how the Plaza Accord, reckless monetary policy, the largest asset bubble in modern history, zombie banks, demographic collapse, and political paralysis turned the world's most dynamic economy into a cautionary tale that still haunts policymakers today.
From the postwar miracle to the moment Tokyo land was worth more than all of California — and the devastating crash that followed — this is the full, unfiltered story of Japan's Lost Decades.
#japan #lostdecade #japaneconomy #economics #finance #bubble #stockmarket #nikkei #plazaaccord #bankofjapan #deflation #zombiebanks #assetbubble #tokyorealestate #macroeconomics #globalfinance #economiccrisis #documentary #history #japancrisis #gdp #recession #centralbank #monetarypolicy #demographics #populationdecline