20 centuries at the beginning of 90 time, japanese estate bubble is undone, this is world history go up up to now one of bigger estate crises. And Japanese building city dies dish hind house price falls 80% .
After bubble is undone, a lot of Japan dwellers become ten million " negative old man " , domestic property substantially shrink, bear heavy financial responsibility for a long time, consume normally hard in quite long time; Japanese bank and the bad debt that are not bank orgnaization are as high as 100 trillion yen, latter reach hundred thousands of 100 million yen into what be bad Zhang; The bank that close down and is bought and estate company countless, japanese countryman economy is immersed in the negative growth that is as long as 20 years and 0 growth. So this also is called " 20 years when Japan loses " .
Show Japan is in 20 when lose years sign " square agreement " later (after 1990) , economic depression, devaluation. Country, society does not develop basically to go backwards even, was equivalent to 20 years this be being wasted, be equal to 20 this years did not develop, cry so " 20 years when lose " .
Since since Japanese economy broke down 1989, japan is average year of GDP increase rate is insufficient 1% . Global media is sung consistently to Japanese economy decline, weigh 20 years of " that lose for Japanese " 20 years of in the past.
If " 20 years when lose " of the Ai Bing that is Japanese economy only plan, so is Japan in after all what to lose?
Japanese bubble begins 1985 " square agreement " . Japanese is under powerful pressure of the United States, be forced to unlock exchange rate, let yen appreciate continuously.
Because Japanese government is afraid, after yen appreciates considerably, what can cause home is deflationary, at that time in Ceng Gen cabinet begins to adopt very loose money and finance policy, include to enlarge communal defray, reduce interest, reduce legal person duty and individual income tax. Brought about market upper levels to move a gender to run rampant this at 3 o'clock, it is many capital was flowed into if really ever since praedial, especially the estate market of big city, and stock market, make house price and stock price quick rise. Estate bubble burst of Japan, make a lot of people bitter can't bear character, till today, still a lot of Japanese still are worn in the back the heavy debt that owes in those days, the bank that still buys house property borrows money.
