Japan in the 1990’s suffered one of the greatest financial blowouts in history. In this episode we take a look at the formation and bursting of the great Japanese bubble and the ripple effects that can still be seen today.
Sources and Show Notes: https://docs.google.com/document/d/17-6CfOcmQYZWhypkYP6p93ZZq68Jh2JnIoyNAgmZtZQ/edit?usp=sharing
ColdFusion Podcast:
https://www.youtube.com/@ThroughTheWeb
My music:
https://burnwater.bandcamp.com/track/opia
Get my book:
http://bit.ly/NewThinkingbook
ColdFusion Socials:
https://discord.gg/coldfusion
https://facebook.com/ColdFusionTV
Tweets by ColdFusion_TV
https://instagram.com/coldfusiontv
Producer: Dagogo Altraide, Tawsif Akkas
Writers: Meehan Kathan, Dagogo Altraide
Editors: Brayden Laffrey, Dagogo Altraide
I love how as soon as you start talking about the golf clubs, your voice starts trembling like you can barely contain your laughter
Seriously, at the level of GDP of Taiwan at the time!
Pure hubris.
@@Pau_Pau9it just shows you that money is made up and doesn’t really mean anything.
It makes sense, i read old manga called Doraemon which published in early ’80. In many chapter, main character (Nobita) father often see cleaning his gold clubs. Not jus his father but also his uncle and his father coworkers and bos. We can see that golf club not just hobby but necessity for networking.
@Pau_Pau9 good post. Accurate.
I’ve heard the term “Japanese golf clubs” being used to describe lots of money or rich people multiple times in my life but I never had any idea what the association was until now.
You should do one about the lost generation from World War I
So, “freedom dividends” will help depression.
more than a decade,the BOJ painted themselves into a corner and when they needed to cut int rates they couldnt as rates were so low,theres more to it than that but it had a great bearing.
Dagogo, i believe you have one of the most informative and well structured channels on YouTube. In this day and age of misinformation and disinformation, your channel is a shining beacon. I cannot sing it enough praises and i recommend it to everyone who searches for informative topics. As the saying goes, “you are doing God’s good work”. Keep it up. Best wishes, Bruno from Portugal.