Meaning: The quote "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" refers to a significant market crash that occurred in 1987, as recounted by the artist Eddie Campbell. The quote seems to capture the rapid decline in value and the subsequent impact on those involved in the market. To provide further insight, it's important to delve into the historical context of the quote and explore the events that transpired during that period.

The year 1987 was marked by a major global financial event known as "Black Monday," which occurred on October 19, 1987. This day saw a sudden and severe drop in stock markets around the world, with the Dow Jones Industrial Average experiencing its largest single-day percentage decline in history. This event had far-reaching implications for investors, traders, and financial markets globally, and its effects were felt for an extended period.

The quote suggests that the market decline was particularly pronounced, with the numbers "seven thousand" and "twelve hundred" likely referring to stock market indices or specific investments. The drastic reduction from seven thousand to twelve hundred indicates a significant loss of value, reflecting the severity of the market crash. Additionally, the mention of being in Australia at the time highlights the interconnectedness of global markets and the impact of the crash on individuals regardless of their geographical location.

Eddie Campbell, the artist attributed with the quote, is known for his work in the comic book industry, particularly for his collaborations with writer Alan Moore. Campbell's experiences during the market crash of 1987 likely influenced his perspective and possibly inspired creative works that reflected the economic turmoil of the time.

In the context of the quote, the phrase "the whole bottom just fell out of the market" vividly conveys the sudden and catastrophic nature of the crash. It suggests a complete and rapid loss of value, leaving investors and participants reeling from the unexpected downturn. This language captures the sense of turmoil and uncertainty that accompanied the market collapse, as well as the profound impact it had on those involved.

The quote serves as a poignant reminder of the volatility and unpredictability inherent in financial markets. It also underscores the potential consequences of market downturns on individuals and businesses, emphasizing the need for vigilance and preparedness in navigating such turbulent economic events.

In conclusion, the quote by Eddie Campbell offers a glimpse into the tumultuous period of the 1987 market crash and the profound impact it had on those involved. It serves as a compelling testament to the far-reaching effects of financial market fluctuations and the challenges they present to individuals and industries. By recounting his experience during this tumultuous time, Campbell provides a personal perspective on the market crash, shedding light on the human dimension of economic upheavals and the resilience required to overcome them.