Based on a book by Professor Richard Werner, a visiting researcher at the Bank of Japan during the 90s crash during which the stock market dropped by 80% and house prices by up to 84%, This film uncovers how the Bank of Japan pumped up and then crashed the Japanese economy, with an aim of justifying the complete remodelling of the Japanese economy. Today, what happened in Japan 25 years ago is repeating itself in Europe, with an aim of centralizing power in the Eurozone.
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No problem my guy. These documentaries are powerful examples of exactly how imperialism and international capital works. I feel like it’s crucial that we internalise these kinds of events in our minds so we can sharpen our understanding of how the capitalist world works in practice. The examples of events like this, the 2008 financial crisis etc are some of the most powerful things we can cite to people when making the case for Marxism in the 21st century. If nothing else, it powerfully demonstrates the deep structural flaws and injustices of the current world order.
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