Word: 1990s
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Dates: during 1990-1999
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...scandal revolves around seven housing-loan companies, or jusen, created in the 1970s to provide loans to home buyers. During the "bubble" years of the late 1980s and early 1990s, these companies lent huge sums, not to home buyers but to shady real estate speculators, many of whom were linked to Japan's tattooed gangsters, the YAKUZA. Just as in the U.S., real estate crashed in Japan, although a bit later, in the early 1990s. Result: the housing-loan companies watched their bad loans rise to at least $77 billion, more than 75% of their total portfolios...
...point discusses "the matter of the atonement White America must make for Slavery," and he accuses me of reducing this to "a matter of white individuals merely apologizing to black individuals." In fact, I denied both individual and "collective responsibility" (my words) for slavery, of whites living in the 1990s. One might argue that financially wealthy Americans (mostly whites, some African-Americans and others) owe poor Americans (mostly African-Americans, Latinos and native Americans, some whites and others) a better "opportunity to compete equally in society," but this is not the argument Daniels makes...
...black students say Lewis' vision is overly-idealistic and does not capture the realities of student life in the 1990s...
Well, if you have to ask, it's because the rich are back to being different. Following a brief, unsatisfying fling with modesty in the early 1990s, they've renewed their lust for luxe and are making upscale stores the brightest spot on the dowdy U.S. retail scene...
...never really thought about such questions. I was going to Harvard. I could be whatever I chose. At 13, I had wanted to be a mathematician; at 17, I had thought I would be an English professor; at 20, who knew what I would want? This was the 1990s; my options were endless...