History Repeats with US Housing Collapse
By Conor | August 29, 2008
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.
Share this:
Topics: Finance, Japan, Real Estate |
Email
Loading ...
August 30th, 2008 at 2:54 pm
This is your blog post? it is 60 words and a graph. It is an interesting subject… write more!
Troy