The most frightening chart I have ever seen

We all know that times are tough and bound to get even tougher. But when I was watching the Nikkei 225 plunging down 10% during the first hour of trading, it came to a point where I was seriously considering what I would do if the financial industry collapses altogether, and I will be facing the unpleasant task of finding a way to earn my living amid the World Great Depression II.

Nikkei 225 Index

first hour of trading Oct 10, 2008

Source: http://markets.nikkei.co.jp/kokunai/

Luckily, the stock market recovered just a little after that, suggesting the worst was over. Or maybe still to come.

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iBanker.jp

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