"By March '87 we're down to seven thousand, by the end of the year we're down to twelve hundred. The whole bottom just fell out of the market. It was bad for me because I was in Australia at the time"
- Eddie Campbell
About this Quote
This quote by Eddie Campbell is referring to the stock exchange crash of 1987. In March of 1987, the stock market had actually dropped to 7,000 points, and by the end of the year it had actually dropped to only 1,200 points. This was a huge drop in the market, and it had a major effect on Eddie Campbell, who remained in Australia at the time. The crash was a major monetary setback for many people, and it had a lasting result on the economy. Eddie Campbell was one of the many individuals who were impacted by the crash, and he was not able to do anything about it while he remained in Australia. The crash of 1987 was a significant event that had a lasting influence on the economy, and it is still felt today.
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