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Displaying (1) Comments | Comment on this piece | Report objectionable art
RE: A quick check shows that the Malaysian stock market peaekd at just under 1300 in 1997. Last week it closed at right at 1300. That's twelve years to get back to where it was before the crash of 1997-1998. That's also in nominal terms, not inflation adjusted. Just like the current rally in the U.S., the market did come back to 3/4 of its peak value pretty quickly. But here we are 12 years later, and in inflation adjusted terms their market is still at only 50% of peak.I'm not sure how you think this example supports your intended point. In fact, it looks more like you just gave credibility to the opposition. I'd suggest you try again. ;-) Rate this comment: 0 0
By: | Mar 13, 2014 | Report Comment
oppressionn
margaretzabor
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