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What The Weak Recovery In Japan Can Teach Us About Re-Igniting The U.S. Economy
Odd Lots
Capital Flows - The Big Story
In the second half of the 80s and a few years after that, Japanese capital flows were everywhere. The Nikkei peaked at close to 40,000 in 89; we're still in just barely half of that amount. There's a lot of Japanese money and I was doing my doctoral research in economics. But the funny thing was that nobody could explain these capital flows.
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