Friday, August 17, 2007

And you thought it was just the UK economy built on debt?

Japan market tumbles 5.4%

Japan’s benchmark Nikkei share index fell on Friday at its fastest pace since the September 2001 terrorist attacks, as a morning slide in share prices turned into an afternoon rout. The Nikkei 225 slumped 5.4 per cent to 15,273.68, depressed by slides of 10 per cent and more in some export-focused sectors.

Posted by uncle chris @ 08:43 AM (626 views)
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2 thoughts on “And you thought it was just the UK economy built on debt?

  • Ouch, and still the word “crash” is avoided.

    When is a crash not a crash? When it’s a financial meltdown.

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  • You cannot use the word “crash” Harold. We are at a very sensitive time.

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