Japan experienced a significant change of culture within just a few years between 1939 and 1949, and so did Germany.

日本，在1939年至1949年短短的几年间经历大的文化变革。德国亦如此。

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Japan experienced a huge boom in the prices of both stocks and real estate in the late 1980s, then saw both bubbles burst.

日本于1980年代其股票和房地产价格都曾一度经历了巨幅的增长，接下来是看着这两个泡沫破裂。

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Many people worried that the overhang of debt, and the depressed state of the economy, would cause a prolonged period of deflation, as experienced by Japan over the past two decades.

许多人担忧，背负着高额债务并且经济状况不景气，这些会引发长期的通货紧缩，如同日本在过去20多年所经历的状况一般。

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In the past commodity-based economies suffered frequent cyclical recessions whenever a handful of wealthy consuming countries the EU, Japan and North America experienced a recession or slow growth.

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Surprisingly, the luxury-goods business is having a strong year, largely thanks to demand in China, the Gulf and other emerging economies. (Indeed, things have been so good that perfume-makers face a new product-liability problem in Russia, where oligarchs' girlfriends buy dozens of bottles in order to bathe in a fragrance, unaware that this can be deadly.) Japan, which experienced similar excesses in the 1980s, still accounts for around a quarter of global luxury-goods sales.

ECONOMIST: Why sales of luxury goods are slowing

Since 1982, the profits of financial firms in America have risen from 4% of overall profits to more than 40%. (Neither Europe nor Japan has experienced the same phenomenon.) As a whole, the finance industry makes up nearly one-quarter of America's overall stockmarket capitalisation, up from a bit over 5% in the 1970s.

ECONOMIST: Business is booming almost everywhere