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A Comparative Analysis of American Sub-loans Crisis and Japanese"Bubble Crisis"

LEI Ming (Institute of Northeast Asia Studies,Jilin University,Changchun,Jilin,130012,China)  
Recently,a crisis called sub-loan crisis has happened in the United States.The range and scope of this financial crisis could spread has set the record since the beginning of this new century.While in the last century,the early 1990s,Japan has also plummeted because of the financial crisis which later was called as"bubble crisis",and it has a long-term impact on Japanese economic.The comparative analysis of these two crisis could bring us the common and differences which would help China to learn something from the lessons and experiences.
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