The Stock Market In Japan Is COLLAPSING
2014-02-05 0:00

By Michael Snyder | Activist Post

Did you see what just happened in Japan? The stock market of the 3rd largest economy on the planet is imploding. On Tuesday, the Nikkei fell by more than 610 points. If that sounds like a lot, that is because it is. The largest one day stock market decline in U.S. history is only 777 points. So far, the Dow is only down about 1000 points during this "correction", but the Nikkei is down more than 2,300 points. The Nikkei has dropped more than 14 percent since the peak of the market, and many analysts believe that this is only just the beginning.


Those who have been waiting for a full-blown stock market collapse may be about to get their wish. Japan is absolutely drowning in debt, their central bank is printing money like crazy and the Japanese population is aging rapidly. As far as economic fundamentals go, there is very little good news as far as Japan is concerned. So will an Asian financial collapse precede the next great financial crisis in the United States? That is what some have been predicting, and it starting to look increasingly likely.

What happened to the Nikkei early on Tuesday was absolutely breathtaking. The following is how Bloomberg described the carnage...
At the end of January 2013, Japanese stocks trailed only Portugal for the biggest rally among developed markets. Now the Nikkei 225 Stock Average is leading declines, slumping 8.5 percent last month and today capping a 14 percent drop from its Dec. 30 peak.

Losses snowballed in Tokyo during a global retreat that has erased $2.9 trillion from equity values worldwide this year amid signs of slower growth in China and stimulus cuts by the U.S. Federal Reserve.

[...]

Read the full article at: activistpost.com



READ: How bad will the Nikkei meltdown get?





Related Articles
Financial world shaken by 4 bankers’ apparent suicides in a week
JPMorgan CEO: It would be ’criminal’ to go to trial for role in financial crisis
Inside Bilderberg: Clues left in the Grove Hotel reveal another piece to their financial agenda
Paul Craig Roberts: The Financial Press: A Disinformation Machine
Ukraine borrows $2 billion from Moscow, signals bailout on track
Replace dollar with super currency: ex-World Bank economist
Japan to rethink pacifist constitution by 2020 amid rising tensions


Latest News from our Front Page

Aurora Shooting Victim Parents Face $200K Court Fees, Bankruptcy, After Failing to Sue Ammo Dealers
2015-08-01 2:17
The 2012 Colorado Theater Shooting still doesn’t add up… Media character and ‘Shooter’ James Holmes in court in 2012-2013. In 2014, Sandy and Lonnie Phillips, the mother and stepfather of Aurora Theater Shooting victim Jessica Redfield Ghawi, tried to sue the ammo companies they believe supplied shooter James Holmes with his ammunition, body armor and other items. They bleived that the online retailer BulkAmmo.com had sold Holmes ...
FBI's Joint Terrorism Task Force Investigating Confederate Flags at MLK's Ebenezer Baptist Church
2015-08-01 2:21
According to the Atlanta Police Department, two White men left four small Confederate Battle Flags outside MLK’s Ebenezer Baptist Church in Atlanta … and get this, the FBI’s Joint Terrorism Task Force is on the scene investigating the incident. Atlanta police Chief George Turner said his agency was working with federal authorities and they have not determined what charges might be ...
Democratic National Committee Chair Wasserman Schultz Can’t Explain Difference Between Democrat Party and Socialism
2015-08-01 2:08
Things got very awkward today when Chris Matthews asked DNC Chair Debbie Wasserman Schultz what the difference was between the modern Democratic Party and Socialism. We haven’t seen that dazed look since Rachel Dolezal was busted as a fraud. Wasserman Schultz was speechless. Completely stumped. Couldn’t answer. Then changed the subject. Because we all know there is no difference between today’s Democrat Party and the radical ...
Catching on slow: Yet Another Study Show Cellphone Radiation Cause Cancer
2015-08-01 1:44
The scientists were right — your cell phone can give you cancer. There have long been whispers of a cancer connection from your cell — and a new study backs up the claims. "These data are a clear sign of the real risks this kind of radiation poses for human health," study author Igor Yakymenko said. Yakymenko’s meta-study — basically a study of ...
Trump Goes #Cuckservative on Immigration
2015-08-01 1:28
For weeks, the media have trumpeted the supposed death of the Trump campaign. First, they claimed, Trump’s campaign imploded on launch thanks to his comments about illegal immigration. Then they claimed that Trump was finished because of his slap at Senator’s (R-AZ) war service. But neither of those comments alienated Trump’s base – he’s maintained his seven point lead over ...
More News »