Friday, September 30, 2011
We’ll start to see more of an impact from the strong yen and slowing growth in the U.S
It’s 1987 Without Bubble in Japan as Job Losses Spur Hollowing-Out Concern
Japan’s labor force shrank last month to its smallest size since October 1987, when the nation’s stock-market benchmark was 185 percent higher and land prices were 85 percent greater than today.
Posted by mark @ 11:03 AM (956 views)
One thought on “We’ll start to see more of an impact from the strong yen and slowing growth in the U.S”
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tick tock says:
While there are certainly big differences between Japan and the UK, of both economic & social structure, there are also some striking similarities & I have always felt that we are likely to follow a very similar path with regards to the lost decades after a crazy credit boom that send people loopy for land & property.