Wow!

I don't know if you're seeing it too, but on my computer look at the advertising that appears on that link.

It's seems gloomy everywhere except India where Stock Market jumped to all time high yesterday.

This market plunge is so dramatic that the Japanese will have their eyes wide open :)

In a ZIRP country, every business that makes a positive return is viable, because there's no outside risk-free option for the capital.

When there are interest rates for savings, only businesses with returns above those rates are viable. That logic trickles through everything. Only workers who yield a return above that rate will be retained. Only products that can be marked up by more than that rate (plus marginal operating expenses) will be sold. On and on it goes.

It’s amazing to see. The market has no tolerance for rates about zero.

It will come up eventually. Just a matter of time. The Japanese are resilient people.

There are other markets that are falling quite a bit as well, it seems that it is not only a matter of Japan.

I will be watching. Same here 😉