Reminds me how the leader of Japan’s Central Bank bragged in 1989 he had never even purchased a single stock. He said this to show his independence from the stock market, which was (somewhat) understandable at the time.
Either way it ended in a 30 year depression that continues to this day.
> When Renho asked him how much funding the central government would contribute to the 2020 Olympics and Paralympics, he responded: “1,500 yen”, which works out at just over $13, some way below the actual sum of 150 billion yen.
4 comments
[ 4.7 ms ] story [ 16.9 ms ] threadEither way it ended in a 30 year depression that continues to this day.
https://www.nytimes.com/1994/05/30/business/the-evolving-out...