The Lost Thirty Years of Sakurajima

The creative method of "dismantling complex economic principles using ordinary people's daily stories" visualizes Japan as "Sakura Island" - an island that relied on maritime trade and manufacturing, and once became the "Pearl of East Asia" with its export advantages. Through the life trajectories of three residents of different classes on the island, Japan's 30-year economic recession history from the bursting of the bubble in the 1990s to the present is connected in series. The book does not contain any obscure economic terms and models, but is based on "factory operations, family "Consumption, financial management" and other daily life scenes are used as cutouts, and core economic issues such as asset bubbles, industrial hollowing out, deflation traps, and aging are transformed into perceptible stories such as "the rise and fall of the Takahashi family's factory, the Sato family's mortgage pressure, and Nishimura's bankruptcy cases", allowing readers to sympathize with the fate of the characters while understanding the underlying logic of Sakurajima's economy from "national carnival" to "long-term stagnation", striving to become a classic popular economics reading for interpreting economic recession.