The Crisis That Wasn’t: Japan’s Subprime Caution

When the 2008 financial crisis put an end to the Great American Dream, toppling banks and crashing housing markets, Japan remained unfazed, but how did two countries with such similar scenarios have such drastically varying outcomes?

In this episode, we traverse through the scars of Japan’s own 1990s bubble burst, discover how deep-rooted caution shaped its financial system, and reveal why “boring” banking saved an entire nation. We explore how cultural restraint, conservative banking practices and prudent investments shaped Japan’s financial future.

Tune in as we uncover how Japan steered away from the global chaos and the lessons that the crash that never came impart to the world.

0:13 Introduction

1:39 Echoes of the Past

2:15 Banking on Caution

3:11 The Weight of Mortgage

4:30 Power of Restraint

5:22 A Different Footprint - Standing out from the World

6:17 Regulation: Saviour of the Hour

7:24 Conclusion