How Japan Destroyed Its Own Economy
Japan used to have one of the fastest-growing economies in the world. In the 1980s, its real estate and stock markets were booming. But everything changed. This video explains how Japan’s asset bubble burst, how bad policy decisions led to long-term deflation, and why the Japanese economy has struggled to recover for over 30 years.
We break down Japan’s economic crash, the role of the Bank of Japan, interest rates, zombie companies, and why prices in Japan have stayed the same for decades. Learn what went wrong — and why it still matters today.
📌 Topics covered:
– Japan’s asset bubble in the 1980s
– Why housing prices skyrocketed
– How the bubble burst and led to a recession
– Deflation and low consumer spending
– Japan’s “Lost Decades” explained
– What other countries can learn from Japan
Chapters:
0:00 Japan’s Economy Explained
0:51 Japan’s 1980s Bubble
1:47 How Japan’s Economy Collapsed
3:19 What Japan’s Lost Decades Can Teach Us
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11 Comments
What should Pigeon cover next? 🐦🤔
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Still watching the pigeon 🙂 thx
Crazy how much inflation and deflation both can harm people so much!
It’s crazy to think that Japan’s economy was so big 30 years ago, and then all of a sudden, it just stopped. If that can happen to such a powerful cou try, it could happen to any country
Fire Video!!, Hidden Gem
Japan listened to usa and fought China instead of working with China, that's what happened
It didn't. It just different. Honestly, really bad video. Go read some more core textbooks before making content on economics. Especially love how Americans make fun of a few subsidized fax machine making companies that unfortunately abused the subsidy system, sure, but US spent trillions on a firefighter nobody needs. TRILLIONS. Nowadays anyone sane much rather live in Japan than in the USA. Japanese economy is also more well rounded too, they are much more self sufficient.
Why does this sound like that is happening in USA now.
There are still a lot of people with flip phones in Japan.
Pigeon is still the best bird 🐦 but dragon is second 🙂
This is nothing but propaganda. You left out the Plaza Accords.