Banks suddenly restrict loan growth

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• Princes of the Yen whole source · open book

  In mid-1989, banks suddenly restricted loan growth. Half a year later, stock prices peaked. Then land prices stopped rising.

  chapter: 9. The Great Yen Illusion: Credit Bubble and Bust

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• Richard Werner author of the source

Appears in 2 stories

• Japan's asset bubble: credit orders, land, stocks, and the Nikkei step 15
• Princes of the Yen: Japan built, bubbled, and broken step 185

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