Japan slides into its longest postwar recession

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• Princes of the Yen whole source · open book

  Thus, from 1991 onward, Japan’s economy slid into the longest and deepest postwar recession since the 1930s. Unemployment soared to postwar records.

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

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• Richard Werner author of the source

Appears in 3 stories

• Paper money, central banks, and credit creation step 40
• Princes of the Yen: Japan built, bubbled, and broken step 213
• The lost decade: credit crunch, stimulus, and broken banks step 7

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