Japan's Lost Decade - An Economic Disaster [Documentary]

Summary by Krater

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.