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Yes, sorry, you are correct!! Here are some interesting articles from the time in question and URLs for all to read (sorry, they are all from Time - it has archives back to the 1920s!!): http://www.time.com/time/magazine/article/0,9171,984364,00.html [Monday, Apr. 08, 1996, Time Magazine] Two...

I've read that in Ginza (a nice retail suburb of Tokyo) at the height of the boom land was selling for USD$1.5 million per square meter!! And that it became a source of national pride that the land under the imperial palace was "worth" more than California. Not sure as the the accuracy of...

Have you read about the magnitude of the Japanese asset bubble? It was much, much bigger than what we have seen this time in western countries. Why do people just assume there was "a bubble" in Japan once, and that there is a "bubble" here so our outcome must be identical??!! Perhaps do...