“The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression.”

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Originally said in English.

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About Ben Bernanke

American economist and former Federal Reserve Chair (2006–2014), Bernanke’s career spans academia and central banking. His work on the Great Depression and his leadership during the 2008 financial crisis shaped modern monetary policy. He is widely recognized for his analysis of economic crises and his efforts to stabilize the U.S. economy.

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"The downturn following the collapse of Japan's so-called bubble econo…" — Ben Bernanke | Daily Quotes