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Strategies & Market Trends : The Millennium Crash
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To: Pierre J. LeBel who wrote (3477)9/10/1998 8:11:00 AM
From: Arik T.G.  Read Replies (1) of 5676
 
Looks like the biggest problems in Japan were created when they tried (and succeeded) to deflate their real estate and equity bubble of the late '80s in a controlled manner.
Had they let their bubble implode, '29 style, the severe depression would have exposed all these problems earlier, and by '95 their economy could have been out of the down cycle.
Instead, they prolonged the down cycle, and hidden all the problems, which got bigger and bigger in the dark.

ATG
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