Around the time Ken Valvur arrived at Thunderbird in 1987, Japan’s economy was the envy of the world. Japan was sitting on the largest cache of wealth ever assembled. The Tokyo Stock Exchange surpassed New York to become the world’s largest on the basis of market capitalization. And by the late 1980s, Japan ranked first in GNP per capita worldwide.
Japan’s economic boom began to fizzle in 1991, but it had a significant and lasting impact on Ken Valvur.