没错，相比美国以个人债务为主，日本的泡沫经济主要体现于多数以地产或物业为抵押的公司过重债务。
True, Japan's bubble economy was much more about corporate-debt excesses, most of it borrowed against land or property collateral, rather than personal debt, as is the case in the U.S..
企业获得利润生产力得以提升，这是经济健康的标准，并最终有助于其他部门得以复苏。 美国经济与日本的泡沫经济后期将形成鲜明的对比，日本经济消失长达十年之久，有生产力的企业完全被“僵尸”企业拖累。
This is in sharp contrast with the experience of post-bubble Japan, which indeed had a lost decade and more, but its corporate sector was plagued by zombie rather than productive firms.
事实是，日本的泡沫经济最后破裂了，但在此之前已经引发了(美国)愚蠢的保护主义浪潮。
In fact, Japan's bubble economy ended up bursting; but not before an outbreak of foolish protectionism.
事实是，日本的泡沫经济最后破裂了，但在此之前已经引发了(美国)愚蠢的保护主义浪潮。
In fact, Japan's bubble economy ended up bursting; but not before an outbreak of foolish protectionism.
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