Quote:
Originally Posted by Rain Man
It's easy to argue that 1989 was a bubble, but even if you eliminate that, it's essentially been stagnant since the early 1990s.
I don't get it. It's not like fly-ridden people are starving in the streets. You'd think that even stagnation would produce a mild gain every year just due to inflation. I keep pondering buying in on Japan, but after 20 years, what's changing for the positive? I'm mystified.
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I think perhaps the Japanese asset price bubble that popped in 1990-1992, and they either put effective tight controls on it, or is skittish to even consider it again?
Just reading it over on Wikipedia. I know Wikipedia isn't exactly a greatest source, but it's something to look at.
https://en.wikipedia.org/wiki/Japane...t_price_bubble