The Weight of the Yen by R. Taggart Murphy

The Weight of the Yen

R. Taggart Murphy

352 pages first pub 1996 (editions)

economics history informative slow-paced
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In eight years from 1980 to 1988, America fell from financial grace, becoming the world's largest debtor. This happened because the United States spent and Japan saved. In the early 1980s, Reagan's Washington discovered that Japan would cheerfully...

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