Posts Tagged ‘Stock Market Crash’

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Barrons: Konnichiwa 1970s!

February 11, 2009

This is a great read for anyone interested in the value of money and financial markets. It can be summed up with one sentence: “After decades of high, bull-market returns fueled by rapid credit expansion, U.S. investors should ponder the prospect of Japan-style returns.” Basically, “the 1970s in reverse.”