Search

Product Description

    News: 2024.03.16

    The last laugh: Who is lost after thirty years?

    Many times, the media will use the term "lost for two or three decades" to describe the scene after Japan's bubble economy burst in the 1990s. During this period, the Japanese economy fell into a long-term downturn, with many companies closing down, unemployment soaring, and economic growth stagnating.

    During this period, many people lost their jobs and stable sources of income, making life difficult. The government has adopted a series of economic policies to save the economy, but the effect is not obvious. Japan's economic difficulties have lasted for many years, and it has only gradually emerged from the downturn in recent years.

    Looking back at this period of history now, we can see the various challenges and difficulties faced by the Japanese economy at that time. This economic crisis not only affected Japan, but also had a certain impact on the global economy.

    Now we can learn from it and avoid making the same mistakes again. Economic development requires steady and sustainable growth, and the government and enterprises need to work together to achieve long-term economic prosperity.

    In general, Japan went through a difficult period after the economic bubble burst in the 1990s, but through hard work and reforms, the Japanese economy finally got out of the trough and showed new vitality and hope.