We have examples of what happens to personal stock investments if the economy of a country gets deeply into heavy debt: Take Greece, Spain, Portugal and Italy as only a few examples.
But Japan’s Nikkei 225 Index is a special illustration when debt becomes an extraordinary percentage of GDP, as it is quickly becoming in America.
The Nikkei has gone nowhere since January, 1989, flat. All the time interest rates have been set at zero by the Japanese government. Sounds familiar? (See the Earl J Weinreb NewsHole® comments.)
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