Image of street signs in Tokyo with text overlay: "What Was Japan's Lost Decade?"

Once Japan’s stock and housing bubbles burst in the early 90s, the once-booming Japanese economy remained stalled for over a decade.

What Was Japan’s Lost Decade?

Between 1991 and 2001, Japan’s once red-hot economy was in trouble. An asset bubble had formed in both its housing and stock markets, and when the Bank of Japan implemented a series of steep interest rate hikes as a way to tame inflationary pressures, you could almost hear the bubble pop.


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