Japan’s economy in the 1980s went completely insane.#Japan#1980s #HistoryShorts#Japan1989
In the 1980s, Japan got so rich, it genuinely stopped making sense. Tokyo land prices went so high that economists joked the Imperial Palace was worth more than all of California. Companies were buying Picasso paintings like office decorations, and everyone thought the economy would rise forever until it didn’t. In 1991, the bubble popped so hard Japan spent the next 20 years recovering. This was Japan’s bubble era, the greatest economic party with the worst hangover. Japan 1989 was basically DLC for capitalism.