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Recession Risk, Tariff Takes, Class v. Race

Lost Debate

CHAPTER

The Nikkei Bubble and Economic Interconnections

This chapter examines the significant fall of the Nikkei index from 1989 to 2009, drawing parallels between Japan's past asset bubble and today’s market. The discussion highlights the interconnectedness of stock performance and economic health while warning of the risks associated with high price-to-earnings ratios.

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