I believe we can Learn a lot from what happened in Japan and why it happened, as well as ways that we can prevent it from happening here in North America. The great experiment in Japan with their QE program and political spin shows us there is no quick fix for the aftermath of such a huge credit expansion and asset appreciation like what was experienced in Japan Circa 1980's, granted the situation here is was not nearly as extreme especially considering this paper talks about two such pension funds in the late 80's having assets worth in over $1 Trillion USD, which is unprecedented even 20 years later
Japan and Its Future After the LDP
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