Recession

I was going through our old posts and found one from January of 2008 that I wrote...

I was reading wikipedia, and about how Japan’s economy took a nose dive in the 90’s thanks to the bursting of their housing bubble. This created a domino effect on the economy and cause a decade of stagnation in Japan.

I was also reading that the current US sub-prime crisis was triggered by the bursting of the US housing bubble…

I’ll leave the rest to your imagination.