Japan's broad index was down for thirty years: https://www.theguardian.com/world/2019/dec/28/how-japan-has-fared-in-30-years-since-the-stock-market-bubble-burst

Japan's broad index was down for thirty years: https://www.theguardian.com/world/2019/dec/28/how-japan-has-fared-in-30-years-since-the-stock-market-bubble-burst https://www.theguardian.com/world/2019/dec/28/how-japan-has-... They continued being a highly-developed country throughout that period, with nothing that can be described as a "society collapse scenario".