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Nice article, it has a ring of truth about it. I put Jim Bianco...

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63 Posts.

13/03/25

13:08

Post #: 78250038
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Originally posted by saintex: ↑

Interesting also to remind that the Plaza Accord in 1985 was at the origin of the bubble in Japan.
As this led to a large increase of the yen, it decreased its export growth.
So Japan decided to push its domestic economy via a large decrease of its interest rates, which created a large increase of property prices.

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Nice article, it has a ring of truth about it. I put Jim Bianco on 'follow' after reading it so hopefully I can keep getting updates. It's interesting that a lot of things happened in financial markets between 1985 and 1990, it was a revolution.
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