What to make of it?

Back in the early 2000's or even before, maybe the 1990's there was all the talk about the lost decade for Japan, due to the 1989/90 asset bubble crisis. But what intrigued me was the idea, that despite all the negative press, the economy itself, really wasn't that bad off. I think if we look at the data for that period we might see Japan actually fluctuated around 1% most of the years or quarters. It didn't grow, of course like the 80's etc., but the economy was still there and there still seemed to be a significant amount of economic activity taking please, despite, again all of the ideas of a "lost decade."

 So the idea came to me what really is the Japanese economy all about? So my fascination with the Japanese economy since the late 90's early 2000's. Japan never collapsed like a major 1929 depression. It has never collapsed like a Greece type situation. So I would maybe speculate that Japan is still one of the most stable economies in the world right now.

The idea is just to observe what might be happening in the Japanese economy, not necessarily about economic theory and the economy. If that makes it more journalism that academic, so be it. I am able to write what I feel, not what I am supposed to write to please academia. So if this blog, as it continues, is just a journalistic commentary or observation, I can live with that.



© 2019 Tom Metts,  all rights reserved