Sunday, Dec 21, 2008
Its all going wrong for the housing market
TimesOnline: The party's over if deflation grips the economy
The most recent guide to what deflation might mean for UK investors is to look at what happened in Japan in the 1990s, writes Mark Atherton.
When Japan's property and stock market bubble burst with a vengeance in the early 1990s, the country experienced a prolonged period of deflation.
Posted by v stor @ 08:35 AM (330 views) Add Comment
1 Comment
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1. gone-to-colombia said...
Clearly, a revolution has taken place over the last year, or half a revolution, 180 degrees from where we were.
The return to sanity is going to be painful, very painful for some.