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The Ruthless Rise and Fall of Japan
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In this video, we have discussed how Japan coped with the devastation of the second world war and ended up dominating the global economy in the next 3-4 decades itself, so much so that it threatened the very foundations of the superpower status of the United States.
So, what really happened? How did Japan manage to pull off such a miracle?
Now, you might be thinking that if Japan was doing so well then why it has not superseded US and became a global superpower? The real reason lies in the liberal economic policies putforth by the Japanese Government and implemented by their central bank "Bank of Japan".
This video is basically an attempt to understand those policies which brought Japan tantalizingly close to the superpower status but eventually led to its own ruin.
For the full story, watch the video NOW !!!
Reference Book: Devil Take the Hindmost by Edward Chancellor
About Learner's Lounge
In my whole life, I have known no wise people who didn't read all the time – none…ZERO – Charlie Munger
Most people go through life not really getting any smarter. But you acquire wisdom by reading the books written by the top thinkers of the world.
At Learner's lounge, we have made it our mission to bring you wisdom from the most iconic books in an easy to understand format and alongside encourage you to inculcate the habit of reading books.
So, join us and become a part of this incredible journey.
#economiccrisis #japanesebubble #bubbleeconomy #japan #nikkei225 #stockmarket #economy
So, what really happened? How did Japan manage to pull off such a miracle?
Now, you might be thinking that if Japan was doing so well then why it has not superseded US and became a global superpower? The real reason lies in the liberal economic policies putforth by the Japanese Government and implemented by their central bank "Bank of Japan".
This video is basically an attempt to understand those policies which brought Japan tantalizingly close to the superpower status but eventually led to its own ruin.
For the full story, watch the video NOW !!!
Reference Book: Devil Take the Hindmost by Edward Chancellor
About Learner's Lounge
In my whole life, I have known no wise people who didn't read all the time – none…ZERO – Charlie Munger
Most people go through life not really getting any smarter. But you acquire wisdom by reading the books written by the top thinkers of the world.
At Learner's lounge, we have made it our mission to bring you wisdom from the most iconic books in an easy to understand format and alongside encourage you to inculcate the habit of reading books.
So, join us and become a part of this incredible journey.
#economiccrisis #japanesebubble #bubbleeconomy #japan #nikkei225 #stockmarket #economy
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