Japan weathered an economic crisis of its own nearly two decades ago. Like the U.S., its financial crisis began in the real estate market.
Economists who have studied the crisis say the experience offers valuable lessons for the U.S.
market economistsWhat Can U.S. Learn From Japan's Economic Crisis?NPR Programs: Morning Edition Mon, 09/22/2008 - 9:41am
Japan weathered an economic crisis of its own nearly two decades ago. Like the U.S., its financial crisis began in the real estate market. Housing Bill Sparks Concern Among EconomistsNPR Programs: Morning Edition Fri, 07/25/2008 - 11:06am
On Saturday, the Senate is expected to lend its approval to a major bill aimed at bolstering the battered U.S. housing market. |