10 février 2008
The Japanese bubble: Alarming parallels with U.S.
source: The International Herald Tribune
In broad strokes, the parallels are alarming. After a long boom, the Japanese economy in the 1990s, as America's today, was jolted by a sharp plunge in the real estate market.
In Japan, experts point out, the housing bubble burst just as the rise of China as an export power hurt Japanese manufacturers.
20 décembre 2007
Property bubbles Been there, done some of that
source: The Economist
Lessons from Japan's financial crisis should worry, and embarrass, America
Though differences between the subprime crisis and the bursting of Japan's own property bubble after 1989 are inevitably great, the similarities are striking.