Positive and Negative Lessons of the Japanese Bubble for Americans

Kaneko Masaru and A DeWit: Subprime Learning: Positive and Negative Lessons of the Japanese Bubble for Americans - financial,USD,this,markets,crisis,even,global trade,Wall Street: "We all learned from the Japanese experience that it is imperative to act fast, but it is also just as critical to act intelligently and in the collective interest. Wasting precious time allows the crisis to deepen and thus increases the eventual costs of bail-outs and economic losses"