> In order to understand the Japanese economy today, one really needs to read books about Japan's bubble in the 1980s. The interest rates Japan experiences toda

> In order to understand the Japanese economy today, one really needs to read books about Japan's bubble in the 1980s. The interest rates Japan experiences today are the result of this. Have they really not changed their thinking in all that time? We in the west have had at 3-4 major financial crashes in the intervening period - and innumerable changes in government policy.