A large Asian economy experiences a couple of decades of supercharged growth, overtakes Germany as the world's biggest exporter, and becomes the world's second-largest economy, powered by a large manufacturing sector and a large trade surplus though dogged by accusations of current manipulation.

U.S. Stocks Are About to Crash, Japan's Stock Market Is Telling Us - TheStreet

Americans worry they are falling behind, and marvel at the country's soaring stock market. But then it soars suspiciously high, before crashing into the ground.

I'm referring, of course, to the great crash of Japan's Nikkei index over the course of Looking at that historical episode helps put the ongoing Chinese stock market crash in context.

After reaching a peak of 38, points in latethe main Japanese stock market began to plunge.

Why the Japanese Stock Market Crash Is a Huge Deal — Charisma News

As Vaclav Smil recalls"The index was below 25, by November losing nearly 40 percent in ; the first dip below 20, came in March ; the 15, level was broken in June ; and the first slip below 10, came in September This was tied in with a genuinely bad economic situation in Japan, which suffered a "lost decade" of essentially zero economic growth across the s.

But japanese stock market crash you were an American sitting around in dialing in to CompuServe to check out the japanese stock market crash carnage in the Asian financial markets and worrying about your family and your country.

In fact, while Japan was stagnating, the United States had its best decade since the s.

Japanese asset price bubble - Wikipedia

Japan started growing again on a per capita basis in the s, but the US has never again enjoyed growth as robust as what can i buy lenovo stock while Japan melted down.

All of which is to say that even if the Chinese stock market crash proves to be a harbinger of profoundly bad news for the Chinese economy, it's not necessarily going to be a serious problem for the typical American.

Total US exports to China, for example, are only 0. Log In or Sign Up Log In Sign Up. What the Japanese stock market crash can teach us about today's Chinese crash.

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