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Crash to the Past - Stock Market

Posted by billspaced | 10:31 AM | , , , | 0 comments »

No, the title is not about another stock market crash - it's about crashes in the past. This one is a one-pager about the Nikkei Index collapse that began in the early 1990s. I remember being in college at that time, and the Japanese stock market was going absolutely nuts (on the bullish side). I think it got to nearly 40,000!!!

Only to fall to less than 10,000 and stay there for over 15 years!

By the way, the site below has articles on a handful of financial crises that have occurred over time. They're worth studying because there's one sure thing:

Humans aren't very good at learning from our mistakes. In fact, it's highly likely that we'll repeat them again and again. Often times, we make the same mistakes over, but bigger and more catastrophic.

The Nikkei Bubble

Money isn't everything. It's the only thing. Wait. That's only for football.
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