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Aug 3, 2023Liked by Ben Marrow

3. Japan's stock market 1989 onwards:

When Iraq invaded Kuwait in 1990, Japan lost its main supplier of oil and petrochemicals, being forced to undertake new supply contracts at higher prices.

To support its people living in hotels worldwide and the war effort, Kuwait had to unload billions it had invested in Japan.

Japan paid for most of Desert Storm's costs. PLS see General Norman Schwarzkopf's book.

In one year Japan's economy was shaken by three financial shocks all of severe, long-term consequences. It has yet to recover.

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Aug 1, 2023Liked by Ben Marrow

lot of airline stuff, have you seen video about airline rewards programs? https://www.youtube.com/watch?v=ggUduBmvQ_4

pretty interesting, although they make it sound like flying planes is a side business, but really it's more like pushing sales of seats into points has a bunch of benefits since it's basically money but not treated the same as money by law or consumers

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Fascinating stuff!!!

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