Comments by "AQuietNight" (@AQuietNight) on "What Eating the Rich Did For Japan" video.

  1. After the war the Japanese economy was in pretty rough shape. The idea seemed to be reduce the control of industry by a few but not go as far as to make the economy worse.
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  2. Japan's economy was in a sort of freefall after the war and social turmoil ensued. MacArthur was very concerned about stability and a little less so with economic growth. Part of Japan's resurgence was support Washington, DC gave to a group of Japanese economists who drew up proposals to get the Japanese economy to grow again. Considering Japan became the second largest economy in the world, the economist's plans worked quite well and the Washington, DC was smart enough to let their plan work.
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  3. One problem is American industry has to compete with the large banking and industry combines of other countries. As for Japan, the companies John had spoken of, they still exist and they are still huge and they still act like kingdoms of a sort.
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