Taiwan’s Stock Market Bubble – And the Crash of 1990 - S5-E8

Shortly after the Lunar New Year of 1990, the Taiwan Stock
Exchange (the Taiex) hit a peak of almost
12,500. Eight months later it had fallen to a low
of about 2,500 – an 80% collapse, and
one of the worst stock market crashes of all time! In this
week’s Taiwan history Formosa Files episode, we’re
looking at the “Great Stock Market Bubble” of the late
1980s, when too many people had a lot more money than sense.
Taiwan’s financial sector in the late 1980s was so crazy
that the Republic of China (Taiwan) got
a nickname: “the Republic of Casino”.





Links, pics and much more at formosafiles.com