Podcast by Peter Day

Down Japan

After Japan's huge property bubble burst in 1990, the country was pitched into the "lost decade" -- ten years of economic depression, and the world's second largest economy still may not have completely recovered. Peter Day asks what the rest of the world can learn from the now familiar-sounding Japanese experience.
In the 1980s, Japan had a ridiculous property bubble, bigger than anything we have had. It burst with a vengeance in 1990, effectively bankrupting the banks, though they were kept going.
So in this podcast:Peter Day asks what the rest of the world can learn from the Japanese experience of recession in the 1990s.
He was discussing about his knowledges about the experiences of JApanese policies to fight with recession in 1980.