In this episode of the Odd Lots podcast, co-hosts Joe Weisenthal and Tracy Alloway interview author and historian John Ganz about the Japan panic of the 1980s and its parallels to current anxieties about China. They discuss the cultural impact, economic factors, and political reactions to Japan's rise, contrasting it with the present-day concerns over China's economic and technological advancements. The conversation explores the similarities and differences between the two situations, including trade deficits, investment strategies, and the perception of each country's economic and political systems. The hosts and guest reflect on how the narrative around Japan shifted after its economic bubble burst and consider whether similar reassessments might occur with China.
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