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Showing posts with the label Babble Economy Burst

The 1980's: The Karate Rap

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During the late '80s to the early 90's, where Japan experienced asset bubble economy that boosted Japanese business fields as well as enjoyed the stronger enhancement of its international competitiveness than that of the States, a large number of movies and music videos about Japan was created in Hollywood. And the Karate Rap is one of them; maybe it's the worst kind. Even with a number of words, including Karate, Samurai, Ninja and Judo, that remind us of Japan, they somehow use Chinese words, like Kung-fu, mixing up the two Asian countries.  You also might like this: http://thetokyoeye.blogspot.com/2012/02/japans-craziest-happy-meal-tv-ad.html Source(s): http://www.youtube.com/user/SamFromGlove?feature=watch http://thedailywh.at/2012/02/05/meanwhile-in-the-1980s-of-the-day/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+feedburner%2Foicv+%28The+Daily+What%29

Japan 1987

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From the late 80's to the early '90s, Japan had enjoyed massive babble economy as well as was the biggest booming nation at that times, like today's China.  The video uploaded on YouTube is taken by a foreigner and let us have a glimpse into the past. The booming economy, however, didn't last long, as it ended with the asset bubble burst, causing Japan's major economic depression for more than 20 years on.  Even today, some reminiscent of the country's heydays despite the fact that the nation's economic influence in the global context is dwindling unstoppably.

New Age, New Asia

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With an unending chain of recession started from the early '90s asset bubble burst, being stalled with no way out, Japan lost its glory. Behind the future super power on the continent, Japan is less represented now. In Japan, the term "bubble" has special meaning due to its major influence in the country both positively and negatively that catapult the nation as a whole into the top of the gleaming stage and then nudge it to the abyss. Even today Japanese still call the generation that enjoyed such "bubbly" days as "bubble" twenty years later. During the bubble economy, Japanese major agencies waged economic invasion on every corner of the globe. Few of the targets were irreplaceable pieces that carry national flags, including Vincent van Gogh's "Sunflowers," Auguste Rodin's "The Thinker," and Rockefeller Center in New York. Such behavior arouse resentment in the world, especially from the late '80s to the early ...

Into the Sunset

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Is Japan in decline? Watching TV all day along, we can see such negative thoughts on screens quite a few times; and the answer is "YES." Compared with 1990's, in when women in gorgeous dress performed sexually-provocative dances on stages, Japanese enjoyed its bubble economy growth, especially in and around the Japanese megalopolis, Tokyo - the most populated urban area in the world. At this juncture, all forms of desire - gleaming skyscrapers and people heading for the towers like moths to a light - took shape every around corner of the mega city, and throng in business suites enjoyed absolute mayhem on play-streets every night without any thought that the economic growth would not last long. Dipping after peaking in October,1990, Japanese economy showed significant decline with the asset bubble burst; and such was the beginning of unending chain of sorrow. As if it were an empty dream, Tokyo lost its splendor all at once. Not only its decline; rise of its Asian riva...