Comparing the banking systems of Japan and the U.S.during the 1990s and early 2000s, one would be likely to say that:

Question

Quizplus · Accepted Answer

During the 1990s and early 2000s, the U.S. banking system was generally considered to be stronger than the Japanese banking system. The Japanese banking system had been struggling since the burst of the asset price bubble in the late 1980s, with many banks holding onto bad loans and not writing them off. In contrast, U.S. banks were generally better capitalized and had stronger risk management practices. While Japanese banks may have been more tightly regulated from an accounting perspective, this did not necessarily translate into better overall financial health. Monetary policy may have worked differently in the two countries, but there is not a clear case for saying it worked "far better" in one system over the other.

Comparing the Banking Systems of Japan and the U