The term used in
Japan to descibe the period in the
1980s when the Japanese
economy was considered a wonder of the modern world.
The well documented excesses of most western economies in the '80s were put to shame by the conspicuous consumption of the newly mega-rich Japanese people, especially those in real estate and the stock market.
Today, rich or opulent venues or surroundings in urban Japan are often referred-to as being remeniscent of the Bubble Economy.
TOO YOUNG TO REMEMBER THE ROARING '80s?
RENT WALL STREET FROM YOUR LOCAL VIDEO LIBRARY FOR A CRASH COURSE.