1987 Stock Market Crash Australia

While Japans is a special case where the majority of public debt is held in the domestic market and by the Bank of Japan the sheer size of the debt demands large service payments and is a worrying sign of the countrys financial health. More than 25 years after the initial market crash Japan was still feeling the effects of Lost Decade.

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This collapse larger than the stock market crash of 1929 was handled effectively by the global economy and the stock market began to quickly recover.

1987 stock market crash australia. The global early 1990s recession came swiftly after the Black Monday of October 1987 resulting from a stock collapse of unprecedented size which saw the Dow Jones Industrial Average fall by 226.

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