Browsing Tag

Japan

Chart of the day: Japan 1984-2004

Japan suffered one of the most horrific market meltdowns in history from 1984-2004. Only four years after the last market bottom and on the verge of another global market downturn, it even may be too early to use the past tense to describe…

The Japanese Problem is now ours

Ben Bernanke claims to be an expert student of the Great Depression and its causes. Therefore, many feel comforted that he knows what to do should in order to avert a repeat of 1929. But does he know how to prevent a repeat of the Japanese…

The US Economy 2008

This blog entry is an updated version of something I wrote way back in 2004. I wrote 90% of this 4 years ago when housing prices were much lower. The fact that I can re-publish this today, largely unchanged, demonstrates how the housing…

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