BoE cuts rates!!

[BrilloPad]

Yeah, but it’s going to be different this time.




Do you recall what percentage drop it was in Japan? I recall hearing something like 80%, which makes 'huge' a huge understatement. What falls in house prices have the US seen?

I do remember that the centre of Tokyo was worth more than California. And 150 year mortgagues were common.

[AtW]

decades a bit extreme. about 15 years in Japan's case?

Considering girls these days get pregnant at this age or earlier, this means 15 years is a generation of crap economy.

[ChimpMaster]

Invest in Japan now. Property prices there are recovering, the stock market is cheap relative to company earnings, the Yen is recovering against other major currencies, and the country is normally contrarian to other economies.

[DimPrawn]

I'm big in Japan.

[ChimpMaster]

I'm big in Japan.

Yeah they're not the tallest out there eh.

[rootsnall]

Invest in Japan now. Property prices there are recovering, the stock market is cheap relative to company earnings.

They've been saying the same for years, they are still stuck in deflation and the after effects of 20 years ago and each 'recovery' has never really got off the ground. If you think the Yanks are going down the pan then I'd keep your money under the bed instead.