Japanese Bubble Lasts Longer

I was watching yesterday a Japanese film called Bubble Fiction: Boom or Bust (which I recommend if you are interested in post-war Japanese history) but it also got me thinking: What if the Japanese bubble had lasted little longer, say until the mid-90's (or even longer)? Even though the effects of eventual (bigger) crash of Japanese economy is an intriguing topic, I'm actually most interested in how the 90's would go in this world. How would popular culture and world politics be affected when Japan Takes Over The World isn't discredited earlier? And how big could the Japanese economy actually become before it crashes?
 
My first thinly informed opinion is the damage is worseand rather than stagnation & slow growth in the 1990s & beyond Japan sees a larger real decline in its collective wealth. That opens more opportunities for foreigner to buy into Japan, which aggravates the already higher level of social tension. I remember a 1990s article in the Wall Street Journal describing the Yakuza being really pissed about the collapse of their real estate investments, and frustrated because they could not figure out who to hold responsible.
 
That opens more opportunities for foreigner to buy into Japan, which aggravates the already higher level of social tension.

This is actually a very interesting point. If the collapse of the bubble is more devastating it might also speed up economic reforms and lead to larger internationalization of Japanese market. Japan actually gets quite little foreign investments IOTL compared to other large economies.
 
Popular culture wise, the rise of slice-of-life anime/manga has been argued to be an escapist reaction to the economic decline caused by the financial crash. You could easily delay the rise of popular slice-of-life as a result.
 
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