8 Crazy Facts About 1980s Japan

Japan throughout the 80s was a wild place, with incomprehensible wealth and fortune. Through the inflation of a bubble in property and stock prices, Japan seemed to be approaching global dominance. And though the whirlwind period at the end of the decade has largely faded from public consciousness, a brief look back at the height of the bubble illustrates just how crazy things really got.
00:00 - Intro
3:12 - 8. Banks
3:58 - 7. Stock market
4:47 - 6. Companies
5:45 - 5. L.A.
6:30 - 4. Pachinko
7:30 - 3. Golf
8:32 - 2. Imperial Palace
9:29 - 1. The Dark Lady of Osaka
11:08 - Conclusion
This video was inspired by:
allegrojapan.com/blogs/ayakas...
www.scmp.com/magazines/style/...
Sources:
8. World’s largest banks:
www.latimes.com/archives/la-x...
hbr.org/1989/03/power-without...
www.spglobal.com/marketintell...
7. Stock market:
www.fool.com/investing/2017/0...
hbr.org/1989/03/power-without...
6. Largest companies:
www.cnbc.com/2014/04/29/what-...
hbr.org/1989/03/power-without...
www.fool.com/investing/2017/0...
5. Downtown L.A.:
www.nytimes.com/1988/10/10/bu...
4. PACHINKO:
Pachinko: A Japanese Addiction? (Pg. 197) - www.tandfonline.com/doi/full/...
teara.govt.nz/en/graph/24824/...
fortune.com/2017/01/30/pachin...
1989 GDP's: countryeconomy.com/gdp?year=1989
3. Golf club memberships:
apnews.com/article/ca61bad97b...
www.chicagotribune.com/news/c...
www.thefreelibrary.com/The+Bu...
2. Tokyo Imperial Palace:
The Japanese Banking Crisis (Pg 23) - library.oapen.org/bitstream/i...
www.bis.org/statistics/pp_sel...
www.vanityfair.com/news/2009/...
1. The Dark Lady of Osaka:
www.japantimes.co.jp/news/199...

[@yetanotherperspective4200]

What was the most surprising fact for you?

[@jdnots143]

probably the golf one, 6.7mill to play golf...

[@prajvalrao4871]

That you only have 51 subscribers!

[@yetanotherperspective4200]

@@prajvalrao4871 Haha, thank you

[@keqing311]

Damn Japan in 80's was a super power as an island nation that thing is more impressive

[@More_Row]

Pretty interesting facts, The golf ones and pachinko was the most surprising for me.

[@tnminhkhoi1398]

The scale, the madness was something out of this world

[@crypticTV]

0:00 Pacman, mickey 1:17 Japan threat 1:48 Plaza accord 6:30 pachinko 7:30 Golf 9:30 hustler 11:20 drop

[@Lancelotlobstertail]

This video is great! I’m writing a story based in 1980’s japan and this definitely gave me some knowledge, thank you!

[@yetanotherperspective4200]

Glad to hear it was helpful, good luck with your story!

[@varshithgoud2246]

Have you completed the story im eagerly waiting to read it

[@blahbleh5671]

@@varshithgoud2246 I read it, it sucked

[@moonstryder1740]

Make japan great again!

[@user-eb5pb2nv8u]

Yes!

[@Nimbereth]

Make German Based Again

[@ElectrostatiCrow]

I want to build a time machine and go back to that period to experience that insane wealth.

[@prajvalrao4871]

Underrated KZbinr found

[@colorstreamcontracting6357]

I agree 👍

[@quantumreflex]

Precisely.

[@orpheusoctober]

working on a screenplay set in 80's Japan, thanks for helping with my research!

[@crypticvega88]

Nice one!

[@zeropainmedia]

This video gave me Coldfusion Vibes . Great work man 🔥🔥🔥🔥

[@quantumreflex]

Great video, I love your tonality too. Thank you for spending the time and effort to make this video, I thoroughly enjoyed it. Respect!, What's next on your agenda?

[@jangelbrich7056]

Thanks for the video and the source links! Very informative

[@jisooislove988]

The fact that their banks managed to dominate THAT MUCH over european and american ones is the most impressive I would say. Just one island country at the eastern most of the earth managed to outcompete the whole western world in banking. Unfortunately it was short-lived. Really hope to see the Japanese make their comeback again one day. I don't want the USA or China leading this world.

[@jsslgn]

It was shortlived because the western world especially the US clipped Japan's wings, just like what it's doing with China now by engaging in trade wars. Once the US fully succumbed Japan, they now want Japan to thrive as their "wingman" in Asia. The US would want you to thrive, but not want you surpass them. Talk about evil in disguise.

[@specialk9999]

I lived in Tokyo for most of the 80s-95.

[@isaacdykes6893]

Deserves way more views

[@Rufiowascool]

Great vid, really good production values. I found the audio a bit hard to make out though? maybe lift it a little for the next one?

[@napoleon9514]

"Make japan great again" that should be used as a slogan by some japanese politician.

[@nagano8518]

Great video, but about 20 largest company by market cap, I think this Index can't be show as a real power, once the market cap of some companies can bê inflated by speculation. But the Eighties were crazies in Japan: many people put gold dust in the food because someone told It extended life, many piece of art, as Van Gogh's, were bought in auctions by record prices. As a japanese told to Nikkei refering the 30th Bubbles Burst: life in that time was like an endless party.

[@RetroPlus]

This sounds like a joke, and i thought it was for half the video but no, apparently this is all real. Japan is truly a completely insane place.

[@shaficitahlil8966]

But now Japan in 3th economy in the world

[@ElectrostatiCrow]

4th now. They really need a come back.

[@h.huffen-puff4105]

11:00 🤦‍♀️,🤦‍♀️ and 🤦‍♀️!!

[@R.Kinney1492]

Princes Of The Yen.

[@MrEnyecz]

I'm sure, it will be different with China. It is always different, isn't it?

[@ElectrostatiCrow]

China has not even reached the same heights of wealth and they're already showing signs of slowing down.

[@rufuspipemos]

Essentially we are now were Japan was then. Lucky for us, we have not reached that position by printing money like they did. Ohhhhh, wait.

[@rufuspipemos]

Welcome to America 2022.

[@prajvalrao4871]

???

[@prajvalrao4871]

Don't compare Japan to the US

[@AckzaTV]

444th like

[@joaogrrr]

Capitalism: When money isn't real, everything is make-believe.

[@jodemiri]

Japan ruled West two times. First time was before 1900s. Whole world was a Western colony, when Japan lost its sovereignty to Commodore Perry and his Western gang. West did not "open Japan" to the World, rather they exposed Japan to Globalization, expecting to follow the path of the scrambled world and become a colony. But Japan shocked them and become the hero of Scrambled World, because Japan precipitated racist doctrine of Germanic Superiority. German Kaiser Wilhelm II could not hold his angst and frustration. In 1895, he declared World War against Japan and urged Germanic world to get ready for this war. He ordered his cousin Tsar Nickolas to start the offensive. Japanese acknowledged they could not defend their achievements(getting control of German-dominated areas in Far East) against West. Even though Japan lacked minerals necessary for its Industry, they step back. USA betrayed their Ally Japan in 1922 by exposing them to Bolsheviks, because Japan supported Black rights movement against Ku Klux Klan(the Nazis of America). By the 1980s, world's richest and more powerful companies were only Japanese! Western governments changed Capitalistic economic system to Communist and intervened. USA loot Japanese intellectual property. Competitors gained access to Japanese tech and Market secrets. Japan lost its advantage and Western sanctions brought Japan to its knees. Economic Bubble was the outcome of Western raiding over Japanese economy. Numbers don't lie. Japanese debt-to-GDP used to be 30% and now has reached 260% West blames Japan, just as Crusaders blamed their victims for all the hardships Crusaders caused at them. Japan is the victim of Narcissists. Narcissists cannot live in a world where someone else is better than them.

[@Bearded.Jim1989]

@jodemiri Whatever you read or vids you watched, it's all bullshit and you fell for it. 🤣🤣🤣

[@jisooislove988]

They say third time's the charm. I hope that one day Japan will finally get their win over the west.

[@AirKangLocker]

i keep seeing a pattern of how western media keeps omitting crucial info that japan had a great economic recovery after ww2 cuz it had great technology in science and engineering during its colonial days before ww2 by amassing wealth through slavery and human experiments on colony residents. Second, during the Korean War, the US built their military industry complex in Japan for faster logistics which also catapulted the recovery.

[@Marc-.]

What do you expect? The entire west was built on slavery and genocide

[@douglasconnolly6357]

This must be the reason that Trump keeps shouting "Japan will buy us!" and "Japan is killing us!" His head is still stuck in the 1980s.

[@kcjfilms2946]

2030: India predicted to overtake Japan

[@stra9761]

Because Japanese Economy is Stuck in the Early 1990's

[@joniwatso]

With a population 14 times larger…

[@Huy_Nguyen_USA]

Lies, and repeating of lies.