The Weight of the Yen

The Weight of the Yen
Author: R. Taggart Murphy
Publisher: W. W. Norton & Company
Total Pages: 356
Release: 1997
Genre: Business & Economics
ISBN: 9780393316575


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Discusses how America went from being the world's largest creditor to world's largest debtor in the eight years between 1980 and 1988, due to excessive borrowing from Japan during the Reagan presidency.