"Blaming the #bursting itself for e country’s malaise is misinformed, as tho the #bubble itself cld hv kept Japan great .. A bubble often accompanies an economy tt is doing well, but tt bubble isn’t e reason e #economy is thriving – it is a by-product of people becoming #overconfident. The bubble shifts people’s attention away fr #production to #speculation .. #Fed & #BOJ need to shrink their B/Ss as e public’s -ve reaction to #inflation is casting doubt on their #policy"
https://www.scmp.com/comment/opinion/article/3254094/why-japans-nikkei-freak-show-should-scare-chinese-investors