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Black_Beer_Man
Joined: 26 Mar 2013
Posts: 453
Location: Yokohama
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 Posted: Tue Jan 09, 2018 6:59 am Post subject: The Princes of The Yen > Great Documentary on Japan's |
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Check out this great documentary on what has caused Japan's real estate bubble and recession. The Bank of Japan, a private institution, basically wrestled control of Japan's economic planning from the Japanese government. JAPANESE subtitles are available in the YouTube settings.
https://youtu.be/p5Ac7ap_MAY |
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rxk22
Joined: 19 May 2010
Posts: 1629
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| Posted: Fri Jan 12, 2018 11:29 am Post subject: |
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| Thank yoy. I love economic history. As it's the modern day way of conquest. The real estate bubble was weird, even before I watch this, as the BOJ let liquidity run too loose for too long, and everyone got the me too syndrome. I couldn't imagine buying a building with a price to earnings ratio in the 50s or so. It was beyond irrational |
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