February 28, 2024
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Dubroff: Evergrande unraveling has some echoes of Japan’s 1990s economy


Henry Dubroff
Those of us with long enough memories will recall how the bursting of the Japanese property bubble in the early 1990s had a profound impact on California’s economy. Japanese investors sold flagship property holdings like Pebble Beach Golf Links, along with countless commercial buildings. Weakened Japanese banks went through a series of mergers and their…


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