Studying Japan’s Dark Years to See How the U.S. Might Fare

 Studying Japan’s Dark Decade to See How U.S. Might Fare

In 1990 the Nikkei stock index dropped almost 20%

The sky over Tokyo seemed to fall in September of 1990, when the Nikkei stock index dove almost 20 percent in one month. Real estate prices would plummet and the financial sector would crack, trapping Japan in a “lost decade” of economic growth. Is the United States now set for its own? That prospect may not be as scary as it sounds.

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