http://www.coyoteblog.com/coyote_blog/2006/04/disturbing_trad.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.coyoteblog.com/coyote_blog/2006/04/disturbing_trad.html/comment-page-1#comment-2560 Matthew Mon, 01 May 2006 02:18:35 +0000 http://coyote-blog.com/wordpress/2006/04/disturbing_trad.html#comment-2560 <p>Japan did not experience 15 years of recession. They had continual slow growth until brief periods of recession in 99 and 2000, but lately their economy is picking back up. I've heard many reasons for the bubble bursting: unchecked speculation, asset inflation, excessive borrowing due to low interest rates, but not the trade surplus. By the way, Japan still has an underdeveloped retail sector and heavy government regulation and subsidies, in the rice industry for example. But the Japanese are still individually fabulously wealthy people so if China is using them as a model then I don't think they have too much to worry about. South Korea also used the same government collusion model.</p> Japan did not experience 15 years of recession. They had continual slow growth until brief periods of recession in 99 and 2000, but lately their economy is picking back up. I’ve heard many reasons for the bubble bursting: unchecked speculation, asset inflation, excessive borrowing due to low interest rates, but not the trade surplus. By the way, Japan still has an underdeveloped retail sector and heavy government regulation and subsidies, in the rice industry for example. But the Japanese are still individually fabulously wealthy people so if China is using them as a model then I don’t think they have too much to worry about. South Korea also used the same government collusion model.

]]>