Now They Tell Us: The Story Of Japan's 'Lost Decades' Was Just One Big HoaxFew “facts” of modern history have become so firmly established as the idea that the Japanese economy flamed out in the early 1990s. This story has greatly discombobulated other nations' policymaking, not least, as we will see in a moment, policymaking in the United States. Yet the “lost decades” story is not just a hoax but one of the most absurd and transparent hoaxes ever promoted in the Englis
