1980s In Japan
In Japan during the 1980s, the economy was in a boom where buyers found themselves paying the highest prices for goods and commodities. As of March 2010, the unemployment rate in Japan is 4.9%; a very low number compared to the unemployment rate during the height of the 1990s. The following decade would see Japan's economy decline substantially, giving rise to the name the Lost Decade.
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“I do not know that the United States can save civilization but at least by our example we can make people think and give them the opportunity of saving themselves. The trouble is that the people of Germany, Italy and Japan are not given the privilege of thinking.”
—Franklin D. Roosevelt (1882–1945)