News for hackers. Stuff that matters.
Re:The Great Unbundling by Clewza313 on Saturday January 30, 2021 @09:08PM (#25975081)
The Plaza Accords were a complete failure at their twin objectives of increasing US exports to Japan and decreasing Japanese exports to the US, neither of which happened.

They did trigger a wave of Japanese overseas investment and Japan's own asset bubble, leading to the Lost Decade when it burst, but these were hardly planned effects.

Re:The Great Unbundling by raverbashing on Sunday January 31, 2021 @12:45AM (#25976385)
Yeah the current issues with Japan are more intrinsic than anything else (inability to innovate, etc)