Japan's Lost Decade - An Economic Disaster [Documentary]
A video on YouTube. In Tech, a Krater category.
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An explainer examining the rise and subsequent collapse of Japan's economic bubble in the 1980s, detailing the factors behind its "miracle" period, the Plaza Accord, and the long-term aftermath known as the lost decades.
From the video
Answers: What was Japan's Lost Decade and how did it happen?
- Japanese economic miracle
- Asset price bubble in Japan
- Plaza Accord
- Lost Decades in Japan
- Hikikomori social phenomenon
- Aging population in Japan
What it concludes
- Japan's economy exploded by 435% between 1955 and 1975.
- The Plaza Accord in 1985 aimed to lower the USD versus the Japanese yen.
- Golf club memberships totaled an astonishing $200 billion US dollars at their peak.
- The Japanese stock market plummeted, losing more than $2 trillion US dollars by December 1990.
- Japan's birth rate in 2023 hit an unprecedented low of 758,631 babies.
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