The policy mistake that contributed to a decade of missing growth in Japan in the 1990s was allowing insolvent institutions to limp along while praying for a revival in market prices that never came.

• 造成上世纪90年代日本经济增长10年停滞的政策错误，就是允许丧失偿付能力的机构苟延残喘，而其期盼出现的市场价格复苏却始终没有到来。