Deja vu all over again?
From the Globe and Mail:
Back in 1980, when I was in B-school, the book, Japan as Number 1 was required reading. Japan was the world’s largest creditor, its people enjoyed the world’s highest quality of life, biggest per capita gross domestic product and longest life expectancy. Robots in Japanese factories were replacing U.S. rust belt manufacturing jobs. The economy was on a tear and the Nikkei index was soaring.