Today, Japan’s Nikkei stock index surpassed 30,000 for the first time in over three decades. The last time it was that high was August 1990, right before the bursting of the asset bubble, an event that would slowly sap the fun out of Japanese auto companies by the end of the decade. But let’s imagine for a moment that you’re back in 1990, with the economic boom seemingly unending. Money is flowing like sake at a karaoke bar, and all fiscal responsibility is cast out the window.
What would you have bought if you were rich in 1990?
The most entertaining comment by next Monday will receive a prize. Scroll down to see the winner of last week’s QotW, “What JNC would you take for a race around the world?” Continue reading