When I visited Japan around 1983 it was the other way around - Japan was stupid expensive compared to the US or Europe. It's mostly down to investment flows mov

When I visited Japan around 1983 it was the other way around - Japan was stupid expensive compared to the US or Europe. It's mostly down to investment flows moving the currencies. Back then Japan was the economic miracle dominating cars and cameras and everyone was buying in. Now Japan is in gentle decline and the hot money is all going to the US to invest in FAANG stuff.