Japan stock crash threatens global markets

Japan stock crash threatens global markets

www.marketwatch.com

HONG KONG (MarketWatch) — Japanese equities crashed Tuesday after Prime Minister Naoto Kan said a “substantial amount” of radiation was leaking from a nuclear power plant affected by Friday’s massive earthquake and tsunami.

The share plunge raised concerns that the disaster, which many analysts believed was so far restricted to Japan, could now have wider impact on global markets.

(visit the link for the full news article)

There are major concerns this has sparked a regional market crash that could have some serious global repercussions.

According to the front page of the above site, the Nikkei has plumetted 14% (link below) and that markets around the world may follow suit! From the front page:

Japanese equities go into free-fall as concerns rise over a growing nuclear crisis. Nikkei Average plunges almost 14% in afternoon session, with markets worldwide likely to follow suit.

www.marketwatch.com...

Even after injecting billions of dollars into the financial market, it is still plummeting.

What do you think could be the outcome of this? Could it trigger a global market crash?

www.marketwatch.com
(visit the link for the full news article)

The whole global financial system is built on a deck of cards, and any major financial impact could bring the entire system collapsing down.

I don't think this will do it, but you never know.

already posted

www.abovetopsecret.com...

Destroy / Erase / Improve
Resisting it will only lead to more hurt. It's inevitable, so lets make it as painless as possible.
Just a thought I havn't heard on this site yet. I may be wrong.

Originally posted by camaro68ss
already posted

www.abovetopsecret.com...

Yes, but it's fine because this one is in the Breaking News forum.

Originally posted by AnimositisominA
Destroy / Erase / Improve
Resisting it will only lead to more hurt. It's inevitable, so lets make it as painless as possible.

Our economic systems? Agreed.

I say we try our damnedest to forget money and go back to physical barter as much as possible, and finding some way to make real physical items the standard. All of these corrupted imaginary ideas that can fluctuate on a whim were basically invented just to act as the bankers' on/off switch to civilization, ie their grip on all our balls.

Just as spectacular the fall is the recovery. Japan stocks appeared to have recovered some 4% and back to - 10% as I type.

reply to post by surrealist


Some elitist probably saw something happening ahead of schedule and started pumping the market back up by his own obscene wallet or some other corruption.

strange looking chart..



did they shut down during that flatline?

to follow the current chart..

e.nikkei.com...

last refresh has it here:

8,706.81 -913.68 ( - 9.50%)

reply to post by JacKatMtn


Yep, they shut down for lunch...two hours I think (always). Then crap went haywire with the reactors and the futures sold off -16% at one point.

REALLY looks like central banks stepped in to provide liquidity-the Japanese admit it, but it HAD to have been a coordinated effort

Japan is / was the center of low/no interest creation of "money"
they just poured it in the hole

Plunge protection BECAUSE it would cause a repercussions of math destruction
if it collapsed

reply to post by servumlibertatem


Thanks for the clarification..

here's the last..

8,605.15 -1,015.34

Originally posted by surrealist

What do you think could be the outcome of this? Could it trigger a global market crash?

www.marketwatch.com
(visit the link for the full news article)

Let's hope so.
Once the world financial system is in ruins, we can finally put it to rest and get to work at last building an equitable system based on humanity and opportunity, rather than money, manipulation and greed.
Bring it on Gaia, we welcome your continued help and support.

reply to post by RogerT


If that happens many people will die.

The Bank of Japan had made a terrible mistake by propping up the stock market with hundreds of billion dollars.

What it had done is akin to a casino dealer refunding gamblers their money that they had lost in a round. Investors knew full well what they had gone into the market for with the risks they must accept. The quake is a natural disaster, and like all gamblers they will or will have to accept their losses.

But no, the BOJ pumps precious needed billions to 'refund' the gamblers. Most of them got their money back, and sold their remaining stocks.

There can be NO evasion in the market with a disaster of such magnitude. Best to let it fall, and then use the needed billion for reconstruction. At this point of time, every penny is precious. The rich can take care of themselves as they often did. But the middle class and poor whom had their possesions gone, will be crying out to their leaders for succor.

May other nation's central banks NOT follow what BOJ had done when more SHTF, otherwise doom is assured.

I was watching news this am, well known newscaster and radio guy everyone here seems too like too, imbus or something like that. the stocks of most places dropped alot. exxonmobil and valero fuels stayed high,a nd so did microsfot. the rest fell so a less or greater degree.
see why a global economy isnt good. one catastrophe, and becasue its all linked, we ALL suffer*

reply to post by SeekerofTruth101


Yes but why would the casino manager care when the gamblers are lining his pockets with more money then he needs? I mean if that's not the case then is doesn't make a lot of sense.

Originally posted by ziggy1706
I was watching news this am, well known newscaster and radio guy everyone here seems too like too, imbus or something like that. the stocks of most places dropped alot. exxonmobil and valero fuels stayed high,a nd so did microsfot. the rest fell so a less or greater degree.
see why a global economy isnt good.

one catastrophe, and becasue its all linked, we ALL suffer*

I do agree with you that we will all suffer, but not because drops in the stock market prices. It's only a casino after all. Money DO NOT JUST DISAPPEAR into thin air. Some had won, some had lost. Those that lost are suffering, such as investors, banks with large loan porfolios.

Corporations may just bankrupt themselves, but most of their profits already long made and secured. Many will become jobless.

AND that's where the central bank's money come handy. It will be use for the reconstruction of Japan, meaning administration and field work to clean up and rebuild, so as to make more money later, but in the meantime, money IS CIRCULATED, touching and enriching everyone.

But unfortunately, the BOJ had decided to pay off the investors instead whom will only hoard up their money hidden in foreign banks or under their pillows. WIth no money or wealth, the ordinary japs will be in deep sh$t, and if money needs to be borrowed from overseas such as IMF, the future generations will be in deeper sh%t!

Originally posted by SeekerofTruth101
The Bank of Japan had made a terrible mistake by propping up the stock market with hundreds of billion dollars.

What it had done is akin to a casino dealer refunding gamblers their money that they had lost in a round. Investors knew full well what they had gone into the market for with the risks they must accept. The quake is a natural disaster, and like all gamblers they will or will have to accept their losses.

But no, the BOJ pumps precious needed billions to 'refund' the gamblers. Most of them got their money back, and sold their remaining stocks.

There can be NO evasion in the market with a disaster of such magnitude. Best to let it fall, and then use the needed billion for reconstruction. At this point of time, every penny is precious. The rich can take care of themselves as they often did. But the middle class and poor whom had their possesions gone, will be crying out to their leaders for succor.

May other nation's central banks NOT follow what BOJ had done when more SHTF, otherwise doom is assured.

edit on 15-3-2011 by SeekerofTruth101 because: (no reason given)

That's it!

We need to wake up. Now. The countries of the world need to stop supporting the banksters!!!!! Right now, or it will be too late. If we follow what Japan did, as blindly and sheepishly as they could've possibly done, we will fall under their control. This is the beginning of the NWO, peoplz, this is all apart of their plan, they're gonna mock some sort of world disaster, most likely in 2012, and get the nations of the world to do exactly what Japan has done, and then come in and take control. If we wake up now and begin taking matters into our own hands, we can beat them, we can win, for the first time in the history of civilized mankind.