America follows Japan
Look at these two charts, and what do we see. Instead of using words I will let the charts do the talking.
This is the Dow Jones World Stock Index in its present form.
This is the Japan Nikkei - 1996 to 2000
It has been interesting, many technical analysts over the past several years have shown how our stock markets have followed Japans bust. Why? In one word - a deflationary collapse. The one coming in America will makes Japans look tame. So we follow Japan, for signs of what is to come in America.
West
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