Answer:
This is true.
Explanation:
That was a time of some important purchases in the American economy by Japanese investors. Then there was a talk of "Japan buying America" and panic, fearing big Asian corporations were getting to much control of the US economy. The Japanese business model was widely discussed and admired, and many authors pointed at it as an example. But suddenly the Japanese locomotive lost steam and got stagnated. Today, Japan continues to face some problems originated in that decade.