Those Footsteps You Hear Are Japan Inc.

It's about to launch a strong new assault on U.S. markets

Japan's economic slide this decade has given many Americans a sense of quiet delight. Japan in the late '80s was the touchstone of U.S. economic anxiety, but it turned out to be an economy pumped up by runaway land prices and Alice-in-Wonderland share valuations. The whole thing crashed in 1992 with a thud heard round the world.

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