Japanese Stocks Hit 26 Year Low!
Tokyo's Nikkei Hits 26-Year Low - WSJ.com
Remember Japan, in the 80's they thought that they had an invincible economy, and that their stockmarket and property would go up forever. Now the mother of all bubbles have burst and this should serve as a timely warning to anybody who thinks that property and stocks are always safe and will always recover in good time. Yes, they may recover eventually but you may already be dead by then!
high as 38915.87 on December 29, 1989
Today 7162.90 (off 81.59%)
-Derek
Remember Japan, in the 80's they thought that they had an invincible economy, and that their stockmarket and property would go up forever. Now the mother of all bubbles have burst and this should serve as a timely warning to anybody who thinks that property and stocks are always safe and will always recover in good time. Yes, they may recover eventually but you may already be dead by then!
high as 38915.87 on December 29, 1989
Today 7162.90 (off 81.59%)
-Derek
Do not get between a wombat and a chocolate biscuit; you will regret it dearly!