This Time Japan Dropped a Bomb on Us - Ep 863
The Peter Schiff Show Podcast
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The Japanese Stock Market Bubble Peaked in 1989
The Japanese stock market peaked in 1989 at just under 39,000. If you look at the price today, 33 years later, it's 30% lower. Instead of allowing a real recovery to take place, we had one phony recovery after another. They put a lot of zombie companies on life support that otherwise would have died.
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