The system was saved, though the basic malaise was not cured and the banking system is still obscure, secretive, nepotistic and highly dangerous. A course very similar to that chosen by Macedonia was adopted by the government of Japan. As a result, they had no money to continue to pay the outlandish prices which were demanded by sellers of real estate property. Real estate property served as the main security on huge portfolios of loans which were provided by banks through Junsen, financing corporations set up especially to provide mortgage collateralised loans. Rumours have it that about 1.8 billion were invested in the rescue operation of 1 junsen, the Nichiei Junsen.
Different countries bring different cultures and different solutions to the same problems.
Some sell bonds to raise the money - other us taxpayers money.