Comment Comment by cletus I didn't think this could still be true but apparently you are correct [1]. Wow.That being said, there are factors to contribute to this:- Essentially zero population growth [2]- A government and a system that propped up an insolvent banking system that likely extended the downturn significantly [3]- A massive asset bubble that we really haven't seen the likes of, not even in the subprime era. [1]: https://www.macrotrends.net/2593/nikkei-225-index-historical...[2]: https://en.wikipedia.org/wiki/Demographics_of_Japan#Current_...[3]: https://qz.com/198458/zombies-once-destroyed-japans-economy-... parent cletus 6 years ago
That being said, there are factors to contribute to this:
- Essentially zero population growth [2]
- A government and a system that propped up an insolvent banking system that likely extended the downturn significantly [3]
- A massive asset bubble that we really haven't seen the likes of, not even in the subprime era. [1]: https://www.macrotrends.net/2593/nikkei-225-index-historical...
[2]: https://en.wikipedia.org/wiki/Demographics_of_Japan#Current_...
[3]: https://qz.com/198458/zombies-once-destroyed-japans-economy-...