
#AskAbhijit 129: Current Affairs, Geopolitics, History
The #AskAbhijit Show
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Japan Is a Vasale State of the Us
In the late 19 seventys, early nineteeetees, the japanese bank te the bank of Japan kept interest rates very low. When interest rates are low, the people and the businesses can borrow money. It's good for borrowing. Let's say you want to expand your business. You will need money for that. If you can borrow money at low interest rates, it's good. Thats why the apanese are nation became the most technologicall advanced nation in the world. During this time when the interest rate was lowered, the Japanese economy grew rapidly. All the various japanese technological forms like sode and what not they did very well. There
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