Loading ...Supposedly Japan was never the same after that era. In fact Sony TVs are now made in China. Anyway, below is a Dow chart back to 1970.
After March 2000 it dropped 2,000 points. After 2008 it dropped 3,000 points. If it drops again, watch for a possible 4,000 point drop. However the 8,000 Dow was support two times. If 8,000 is support again we’re talking a 12,000 drop.
Keep in mind re all these “investments” like stocks and bonds that are reflected in a statement in the mail, or e-mail. Nobody actually has their money. As long as the balance keeps climbing, it stops people from withdrawing. It keeps them in for the “ride”.
If or when those balance numbers get smaller, people start withdrawing. And nobody wants to be last one out. They all want out at the same time.