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  1. keannu's Avatar
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    #1

    the American and the Japanese depressions

    1.When did "American and the Japanese depressions" happen? In mid-90s during the IMF period?
    2. What happened in the technology crash of 2000? dotcom stock market crash? If someones knows about this, and can briefly explains this, it would be highly appreciated.

    37)Modern civilization has been lucky so far, in (A)[what / that] the crises it has had to deal with have been the kind that we can solve with money. Both the American and the Japanese depressions were cured by higher government spending and liquidity. True, it took a while before the solutions arrived, and both depressions (B)[might have ended / ended] sooner if policymakers had used the right tools from the outset, or acted more quickly. However, in the end the Japanese and U.S. economies still survived. And perhaps it was lucky that the solutions took hold before the damage became too great, and the entire civilization had begun to settle. It was also lucky that their examples prepared us well for dealing with the technology crash of 2000. (C)[Had it / It had] not been for that quick addition of liquidity, the aftermath could have been far worse.

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    #2

    Re: the American and the Japanese depressions

    Quote Originally Posted by keannu View Post
    1.When did "American and the Japanese depressions" happen? In mid-90s during the IMF period?
    2. What happened in the technology crash of 2000? dotcom stock market crash? If someones knows about this, and can briefly explains this, it would be highly appreciated.

    37)Modern civilization has been lucky so far, in (A)[what / that] the crises it has had to deal with have been the kind that we can solve with money. Both the American and the Japanese depressions were cured by higher government spending and liquidity. True, it took a while before the solutions arrived, and both depressions (B)[might have ended / ended] sooner if policymakers had used the right tools from the outset, or acted more quickly. However, in the end the Japanese and U.S. economies still survived. And perhaps it was lucky that the solutions took hold before the damage became too great, and the entire civilization had begun to settle. It was also lucky that their examples prepared us well for dealing with the technology crash of 2000. (C)[Had it / It had] not been for that quick addition of liquidity, the aftermath could have been far worse.
    There have been a series of economic downturns since the founding of the US. Based on the text you provided it is difficult to state, with any certainly, which depression is being discussed. I assume that the Great Depression of the 1930s is the depression mentioned here. The Great Depression affected economies around the world. During the 1990s a number of computer based, technology companies emerged. These companies promised to do many things which they could not do. People bought stock in these companies and lost their investments when it became apparent that the companies could not make money.

  2. emsr2d2's Avatar
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    #3

    Re: the American and the Japanese depressions

    Quote Originally Posted by keannu View Post
    1.When did "American and the Japanese depressions" happen? In mid-90s during the IMF period?
    2. What happened in the technology crash of 2000? dotcom stock market crash? If someones knows about this, and can briefly explains this, it would be highly appreciated.
    Keannu, these aren't really English questions. They are history or economics questions. We are not here to replace Google, Wikipedia, or the internet generally.
    Remember - if you don't use correct capitalisation, punctuation and spacing, anything you write will be incorrect.

  3. keannu's Avatar
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    #4

    Re: the American and the Japanese depressions

    I understand what you are saying, and I have conscience. I try to find out such things by googling, but this writing's words don't imply which search word to select as the scope is too broad. There's no specific clue in here, and that's why asked for help. I need your understanding.

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    #5

    Re: the American and the Japanese depressions

    An otherwise unspecified "depression" would refer to the 1930s American Great Depression. 1929, to be specific was when the stock market had its "Black Tuesday
    I would be wary of any book telling you that gov't spending ended the Depression. A lot of reputable scholarship today indicates that gov't intervention exacerbated the Depression.

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    #6

    Re: the American and the Japanese depressions

    Keannu, this thread would have been more appropriately posted in the General Members Discussions forum.

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