History Repeats with US Housing Collapse
So few Americans seems to realize that we are repeating history quite close to Japan’s bubble crash of the late 1980′s. I wrote on this in February in “The United States of Japan“, and the market has been a mirror image of what happened in Japan since then.
The Economist has mentioned this many times as well, but never so clearly as their article last week regarding “Lessons from a ‘lost decade’“. While the article explains it all much clearer than I could, one graphic sums up the similarities very easily.
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This is your blog post? it is 60 words and a graph. It is an interesting subject… write more!
Troy