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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: borb who wrote (1085)6/9/1998 6:10:00 PM
From: fut_trade  Read Replies (1) of 3902
 
>If Japan's bubble economy broke due to real estate

If I recall one of Jim Womack's (Sloan School at MIT) lectures correctly, Japan overcapacitized for the bubble. It wasn't declining property value that caused havoc, but the huge capacity Japanese companies developed for it's bubble domestic and export markets. When those markets collapsed, so did Japan's economy.

150.135.13.100
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