Why Japan's Economy Is Awful

Video Description

Check out our newsletter: https://www.2and20media.com/ 📚 Review our sources ► https://pastebin.com/zc4wdcXf 💻 Check out our website, newsletter, and more ► linktr.ee/2and20 ✋ Get in touch ► [email protected] See how the media is shaping stories worldwide with Ground News. Head over to https://check.ground.news/2and20 to delve into diverse perspectives and get a 15% discount on unlimited access when you use our link. In the late 1980s, Japan was the envy of the world—a booming economy, skyrocketing real estate, and a stock market that seemed invincible. The Nikkei hit record highs, Japanese corporations dominated global rankings, and the country’s GDP even surpassed the United States. But by the 1990s, the bubble burst, leading to a financial collapse that wiped out trillions in market value and plunged Japan into its infamous “Lost Decades.” In this video, we explore the economic miracle that propelled Japan to the top and the critical missteps that caused its dramatic decline. From the rise of the Nikkei to the collapse of real estate markets, the Plaza Accord, and the persistence of zombie banks, we dissect the policies, cultural challenges, and systemic failures that left Japan grappling with deflation, an aging population, and stagnant wages. Why did Japan’s corporate culture and immigration policy fail to adapt? What lessons can Canada, Australia, and other developed economies learn from Japan’s mistakes? Dive into this comprehensive analysis of Japan’s economic rise and fall and the lasting impact of its financial crisis. 00:00 - Intro 00:57 - Post-War 06:40 - The Exporter of Choice 07:18 - The Banking Crisis 08:50 - Fiscal Policy 10:20 - Monetary Policy 10:52 - Crony Capitalism 12:12 - Immigration Policy 13:23 - Conclusion