More than 10 years has passed since Japan enjoyed the "bubble ecomony"
in the second half of the 1980s, purchasing a lot of buildings all over
the world. Japan spent the "lost decade" in 1990s, unable to
clear the negative results of the "boom" and suffering, on the
contrary, from the contracting economy. It has lost its presence in the
international community too, going from "Japan bashing" via "Japan
passing" to "Japan nothing." The public debt is still growing,
and it's probable that the same misery which swirled South Korea, Thailand
and Argentina attaque Japan in 2004 when the bonds, issued during the "bubble
ecomony," are expired.
On this section Japan's current picture will be examined, showing you what's wrong with this Eastern country.