Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (1404)	12/14/2000 10:59:23 AM
From: Rolla Coasta	Respond to of 74559

Japan used to rule the roost over there, but has been so severely weakened economically, they are losing influence to the growing economies hi Ron, I guess that is the result from a bubble economy getting too big too quickly. I've read the Nikki chart and only to find out it was nothing more than people had speculated too much on the future technology they were creating. As a result of that, pump-n-dump occured. People during the booming time in Japan were so opportunistic and banks lending more and more by creating more credits to the soon-to-be failing businesses. By the time the boom was over, so many people had committed suicide. Actually, this had happened repeatedly in the history of economy. Sometimes, I have to agree with some socialist scholars that when one economy is growing too fast too quickly, its population is also growing along the way, and all sorts of dangerous bubbles could set to burst at anytime, which could create chaos as a result of too much speculation. regards, Q