That’s interesting: Nikkei‘s bad long term performance is due to Japan‘s bad economic policies in the last three decades. Many years of quantitative easing have given rise to a high public debt, a large unemployment rate and an uncompetitive, stagflationist economy after being one of the most innovative producers (“all the cool stuff comes from Japan”).
This is what happens when a central bank keeps on preventing moderate recessions necessary for correcting a nation’s economic failures. The US and Europe should study the case of Japan very closely these days.
This is what happens when a central bank keeps on preventing moderate recessions necessary for correcting a nation’s economic failures. The US and Europe should study the case of Japan very closely these days.
https://en.m.wikipedia.org/wiki/Economy_of_Japan