Tokyo stocks remain weak in response to falls in U.S. stocks and the dollar's value resulting from the shaken belief in the U.S. that everything should be left to the market.
While this belief helped the U.S. economy enjoy long-lasting prosperity in the 1990s, its collapse has generated aftereffects in the form of lower stock prices and a weaker dollar.
It may be said that the United States has not learned much from the collapse of Japan's asset bubble in the early 1990s.
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