Dirty thirty (Japan)

Dirty thirty (Japan)

The phrase "dirty thirty" has been applied to a list of thirty corporations that the Japanese government saved from bankruptcy when an economic bubble burst in the early 1990s[1] Payments on the bad loans to these corporations was estimated to consume a tenth, or more, of the Japanese Gross National Product.

See also

Lost Decade (Japan)

References

  1. ^ Shane Green (October 12, 2002). "Dealing with the great undead". The Age. http://www.theage.com.au/articles/2002/10/11/1034222594896.html. Retrieved 2008-01-09. "But beyond his hard-nosed rhetoric there is a belief, more like a fear, that Kimura, a former Bank of Japan official, has a list of 30 companies that fit the walking dead description. Known as the Dirty Thirty, the names are allegedly a hit list of companies that should be cut loose and bankrupted." 



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