Plaza Accord -> Louvre Accord. The Japanese real estate bubble was directly caused by the former and the latter put the nail in the coffin by massively tighten

Plaza Accord -> Louvre Accord. The Japanese real estate bubble was directly caused by the former and the latter put the nail in the coffin by massively tightening the Japanese economy, bursting the huge debt bubble and robbing the BOJ of any and all tools to try contain the explosion. US architected Japan's downfall and there was nothing Japan could do because they weren't allowed to have their own guns anymore so couldn't stand up for themselves and refuse to sign/implement aforementioned accords.