Oil shock hits Japan

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• Princes of the Yen whole source · open book

  All this happened before the oil shock of November 1973. The sudden jump in oil prices did not assuage the situation (although it was mitigated by the strong yen).

  chapter: 7. Japan’s First Bubble Economy

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• Richard Werner author of the source

Appears in 2 stories

• Japan's miracle: guided credit and export power step 10
• Princes of the Yen: Japan built, bubbled, and broken step 128

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